An analytic theory of harmonic generation in the plasma produced from the gas of hydrogen-like atoms in excited states is considered for relatively intense radiation. The consideration of l-degeneracy of the electrons in these excited states allowed deriving the dependence of generation efficiency on the principal quantum number. In the context of the Bethe model of gas ionisation, we revealed the threshold nonlinear dependence of the maximum generation efficiency on the degree of circular polarisation of the pump field for its given intensity. Analytic calculations were performed for the fifth and seventh harmonics. The results of these calculations allowed generalising to the case of excited atoms the previously obtained results for the third harmonic in the plasma arising from hydrogen-like atoms in the ground state.