A solar rooftop system is composed of a set of solar PV panels,
Inverter, mounting structure mounted on the rooftop of a
residential or commercial building, connected together to generate
electricity by converting solar radiation into electrical energy.
Such rooftop system has battery as storage facility. The solar
electricity is stored in the battery and can be utilized during
night also when the sun is not available.
In grid connected rooftop solar PV system, the DC power generated
from Solar PV panels is converted to AC power using an inverter
and is fed to the grid depending on the capacity of the system
installed.
Such rooftop systems can be installed at the roofs of residential
and commercial complex, industrial properties, housing societies,
community centres, government organizations, private institutions
etc.
There is a provision of Govt. Subsidy of 40% for upto 3kW system
and 20% for 3kW to 10kW on the total cost under the Grid Connected
Rooftop Govt. subsidy for Residential Installations. For Example: If you plan to install 5kW Solar Power System
then you can get subsidy benefits of: 40% subsidy benefit on 3 kW
capacity and 20% subsidy benefit on 2 kW capacity
Sanctioned load means the load in kW/HP (kilo Watt/Horse Power)
which the power distribution company has agreed to supply to the
consumer subject to the governing terms and conditions.
There are provisions of concessional import duty/excise duty
exemption, accelerated depreciation and tax holiday for setting up
of grid connected rooftop power plants.
