EFFECT OF FINANCIAL AND FISCAL INCENTIVES ON THE INVESTMENT REQUIREMENT FOR SOLAR ENERGY TECHNOLOGIES

摘要

Development and dissemination of solar energy technologies in India has been aided by a variety of policy and support measures. One of the promotional measures is the provision of financial and fiscal incentives such as capital subsidy, low interest loan and accelerated depreciation related income tax benefits to the users on the purchase of solar energy technologies. These financial and fiscal incentives have varied with time, technology and category of end users. In this study an attempt has been made to determine the user’s investment requirement for the purchase and installation of solar energy technologies with one or more of such incentives. The effect of single or possible combination(s) of financial and fiscal incentives provided on some solar energy technologies such as solar water heating systems (domestic and industrial), a solar home lighting system and solar air heaters have also been studied.