Solar policies, subsidies and other incentives for the installation of solar panels in Goa in 2019

Solar policies, subsidies and other incentives for the installation of solar panels in Goa in 2019

2019-05-22T10:16:38+00:00May 22nd, 2019|Solar Energy|

Goa is a well-known tourist destination in India, mostly popular for its bright sunny beaches. Due to the huge volume of tourist inflow, the demand for proper power supply in this state is at a constant high. Despite its favourable weather conditions and the obvious demand round the year, Goa isn’t particularly popular for harnessing solar energy to fulfil its power requirements. As of FY 2016/2017, the overall installed solar capacity in the state was 0.05 MW. The state government though is ambitious in this matter and has set a target of achieving an installed capacity of 150 MW by 2022. The State Electricity Department is working in collaboration with other local bodies to realize this tumultuous task. To regulate and aid solar installations for residential, commercial and industrial users, the government has laid down certain policies and is offering financial assistance through various subsidies, schemes and other incentive plans. Let’s take a look at them in detail.

Solar policies for residential users 

Ground-mounted & rooftop solar PV systems 

1. Capacity: Cumulative capacity of the solar installation in an area should not exceed 30% of distribution transformer capacity. 

2. System size for ground-mounted solar systems should be minimum 500 kWp. 

3. System size for rooftop solar panels should be between 1 kWp to 500 kWp 

4. In terms of voltage level:

Up to 10 kW: 230 V single phase

Above 10 kW to 25 kW: 400 V three phase

Above 25 kW to 100 kW: 400 V three phase

Above 100 kW: 11 kV three phase (HT)

5. Ownership: The solar plants can be owned by self or by third party. Here, both CAPEX and RESCO models are offered. 

6. Billing: It is done on half-yearly basis in the month of September and March. JERC’s Solar Energy Tariff Order should be followed to pay unadjusted electricity credits. 

7. Perks: Consumers of Goa will be exempted from paying cross-subsidy surcharge, banking and wheeling charges. 

8. Subsidy: The subsidy is given as per the SECI guidelines. 

9. Loan: 

  • People can avail a loan for solar installation as a home loan or home improvement loan.
  • Up to 10 Lacs of loan can be availed for residential sectors under priority sector lending.

Reach out to Top Solar Panel Dealers near you and get free quotes 

Solar policies for commercial users 

Ground-mounted & rooftop solar PV systems 

1. Capacity: Cumulative capacity of the solar installation in an area should not exceed 30% of distribution transformer capacity. 

2. System size for ground-mounted panels should not exceed 500 kWp. 

3. System size for rooftop solar panels should be between 1 kWp to 500 kWp 

4. In terms of voltage level: 

  • Up to 10 kW: 230 V single phase
  • Above 10 kW to 25 kW: 40

5. Ownership: Both CAPEX (for self-ownership) and RESCO models (third-party ownership) are allowed. 

6. Billing: Half-yearly basis in September and March. Solar Energy Tariff Order of JERC should be followed to settle unadjusted electricity credits. 

7. Perks: Goa’s users will be exempted from paying cross-subsidy surcharge, banking and wheeling charges. 

8. Financial benefits

Priority sector loans of up to Rs 15 crores can be availed for renewable energy projects.

10 years tax holiday is also offered on all solar projects.

Accelerated depreciation of 40%.

9. Loan: 

  • People can avail a loan for solar installation as a home loan or home improvement loan.
  • Up to 10 Lacs of loan can be availed for residential sectors under priority sector lending.

Reach out to Top Solar Panel Dealers near you and get free quotes 

Solar policies for commercial users 

Ground-mounted & rooftop solar PV systems 

1. Capacity: Cumulative capacity of the solar installation in an area should not exceed 30% of distribution transformer capacity. 

2. System size for ground-mounted panels should not exceed 500 kWp. 

3. System size for rooftop solar panels should be between 1 kWp to 500 kWp 

4. In terms of voltage level: 

Up to 10 kW: 230 V single phase

Above 10 kW to 25 kW: 400 V three phase

Above 25 kW to 100 kW: 400 V three phase

Above 100 kW: 11 kV three phase (HT)

5. Ownership: Both CAPEX (for self-ownership) and RESCO models (third-party ownership) are allowed. 

6. Billing: Half-yearly basis in September and March. Solar Energy Tariff Order of JERC should be followed to settle unadjusted electricity credits.  .. 

7. Perks: Goa’s users will be exempted from paying cross-subsidy surcharge, banking and wheeling charges. 

8. Financial benefits 

  • Priority sector loans of up to Rs 15 crores can be availed for renewable energy projects.
  • 10 years tax holiday is also offered on all solar projects.
  • Accelerated depreciation of 40%.

Solar policies for industrial users