In Goa, homes can soon pay EMIs to install rooftop solar plants

Given domestic households reluctance to install rooftop solar power systems, Goa Energy Development Agency (GEDA) plans to introduce a new scheme under which the government will foot the bill to install the rooftop Plants. Instead of a lump sum amount, a monthly fee will be collected from residents till the installation cost is recovered.
Currently, the Union ministry for new and (MNRE) and the State Government offer subsidies for the installation ofrooftop solar plantswith a capacity of up to 10kW. However, the steep initial cost and the delay in disbursement of the subsidies have deterred many from signing up.

At present, the MNRE gives 40% subsidy for domestic consumers who install 1kW to 3kW rooftop solar power plants with the state government providing an additional 10% subsidy.
Rooftopsolar plantswith a capacity between 4kW and 10 kW attract 20% subsidy from MNRE with Goa providing an additional 30% subsidy. The Union ministry is now shifting to a fixed subsidy which GEDA will also adopt.

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