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Finance & Subsidies

Solar is Now More Affordable Than Your Electricity Bill

Combine central subsidies + state incentives + zero-EMI financing to make solar pay for itself from month one.

🏛️ Government Schemes

PM Surya Ghar Muft Bijli Yojana — MNRE Subsidies

The Government of India provides substantial subsidies for residential rooftop solar. Here's what you're entitled to — and ESSRCPS helps you claim every rupee.

Central Government Subsidy (Residential)

Under PM Surya Ghar Muft Bijli Yojana — Valid 2024-2026

System CapacitySubsidy RateMax Subsidy AmountBest For
Up to 2 kW30%₹30,000 - ₹60,000Small homes, 1-2 BHK
2 kW to 3 kW20% (on additional)Up to ₹78,000 totalMedium homes, 3 BHK
Above 3 kW (residential)No additional subsidy₹78,000 (capped)Large homes / villas
Government buildings60%Varies by projectSchools, hospitals, offices

⚠️ Note: Subsidy amounts are indicative and subject to state-specific DISCOM/SECI guidelines. ESSRCPS handles all documentation and ensures you receive maximum eligible subsidy.

Additional State-Level Incentives

Uttar Pradesh

CM Solar Swarojgar Scheme

50% subsidy for farmers + priority net metering

Rajasthan

Mukhyamantri Solar Krishi Pump

90% subsidy for agricultural solar pumps (SC/ST farmers)

Gujarat

Surya Gujarat

Grid-tied solar with tariff support + EV subsidy

Maharashtra

MSEDCL Net Metering

Fast net metering approval + equipment subsidy for rural

Haryana

Haryana Solar Power Policy

Priority approval + state capital subsidy of ₹20,000

Madhya Pradesh

CM Solar Pump Vitran

Free solar pumps for small/marginal farmers under scheme

💰 Zero-Cost Financing

₹0 Upfront. Pay From Your Savings.

Through our financing partners, you can go solar with absolutely no upfront investment. Your monthly EMI is often less than your current electricity bill reduction!

🎯
₹0 Down

Zero-EMI Plan

Manufacturer-backed zero-cost EMI through select banks. Pay in 12-24 months with no processing fee.

  • No processing fee
  • 0% interest
  • Quick approval
  • 12-24 months tenure
🏦
Low Interest

Solar Home Loan

Green home loans at 7-9% p.a. from leading banks. Collateral-free for up to ₹10 lakhs.

  • 7-9% p.a. interest
  • Up to ₹10L loan
  • No collateral
  • 5-7 year tenure
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Pay Per Unit

RESCO Model

A power purchase model where you pay per unit generated — lower than grid tariff. We own and maintain the system.

  • No ownership needed
  • Pay ₹/unit used
  • We handle maintenance
  • Long-term savings

Our Finance & Banking Partners

SBI
Bank of Baroda
HDFC Bank
Axis Bank
Tata Capital
HDB Financial

+ 12 more NBFC and state-level co-operative bank partners

How ESSRCPS Handles Your Subsidy — End to End

We do all the papework. You just enjoy the savings.

01

Eligibility Check

We confirm your eligibility for central + state subsidies based on your location, system size, and ownership type.

02

Documentation

We collect all required docs (ID proof, address, electricity bill, property documents) and prepare the application.

03

DISCOM Registration

We register your system with the local DISCOM for net metering and subsidy claim in the national portal.

04

Inspection & Approval

DISCOM inspector visits after installation. We coordinate and ensure smooth approval of your grid connection.

05

Subsidy Credit

Subsidy is credited directly to your bank account (typically within 30-60 days of approval). We track and follow up.

Don't Leave Government Subsidies On the Table

Our subsidy experts have helped customers claim over ₹5 Crore in government subsidies. Let us maximize your entitlement. Free consultation.