The ‘Subsidy’ Management on Solar Panels

solar-powerThe sellers of solar power panels are managing the subsidy of 50 per cent through the other way. The city based solar power panel sellers are offering 50 per cent discount on the actual price and later claiming the subsidy from the government. The subsidy was pronounced to the customers on purchasing the rooftop solar panels through reimbursement.

The NREDCAP has an empanelled list of sellers and producer and offers subsidy (30 per cent NREDCAP and 20 per cent MNRE) for equipping rooftop solar panels sold by them.

The newly formed system by the sellers are accepting applications on behalf of consumers and promising to manage the subsidy at an agreed amount.

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