Get insights into the transformative PM Surya Ghar Muft Bijli Yojana—a government initiative that’s reshaping India’s energy landscape by promoting rooftop solar installations.
🔍 What is PM Surya Ghar Muft Bijli Yojana?
Launched on February 13, 2024, this scheme aims to provide up to 300 units of free electricity per month to 1 crore households by facilitating rooftop solar panel installations. With a substantial budget of ₹75,021 crore, the program not only reduces electricity bills but also fosters sustainable energy practices across the nation .
💰 Subsidy Details
To make solar energy more accessible, the government offers significant subsidies:
- Up to 2 kW systems: ₹30,000/KWp
- 2–3 kW systems: ₹18,000/KWp on the additional capacity
- Maximum subsidy: ₹78,000 for systems of 3 kWp or more
- For GHS/RWS up to 500KWp: ₹18,000/KWp
These subsidies are directly transferred to beneficiaries’ bank accounts, simplifying the financial aspect of adopting solar energy.
🏠 Benefits for Homeowners
- Significant Savings: Reduce annual electricity expenses by approximately ₹15,000.
- Income Generation: Sell surplus electricity back to the grid through net metering.
- Eco-Friendly: Contribute to a greener environment by reducing carbon footprints.
- Financial Support: Access to collateral-free, low-interest loans (around 7%) for systems up to 3 kW .
✅ Eligibility Criteria
To benefit from this scheme, applicants must:
- Be Indian citizens.
- Own a residential property with a suitable rooftop for solar panel installation.
- Have a valid electricity connection.
- Not have previously availed any solar subsidy .
📝 How to Apply
- Register on the official portal: pmsuryaghar.gov.in.
- Submit necessary documents: Aadhaar card, electricity bill, bank details, etc.
- Select an empanelled vendor for installation.
- Install the solar system and apply for net metering.
- Receive the subsidy directly into your bank account within 30 days post-installation .
🤝 Join Our Solar Community
At Innoverge Energy, we’re dedicated to accelerating India’s transition to renewable energy. Whether you’re a homeowner looking to reduce electricity bills or a professional aspiring to become a certified solar installer, our community offers:
- Expert Guidance: From application to installation.
- Training Programs: For aspiring solar entrepreneurs.
- Support Network: Connect with industry experts and peers.
📞 Contact Us: +91-916666 7630
🌐 Visit: www.innovergeenergy.com
Let’s collaborate to harness the power of the sun and illuminate every home sustainably.
Empower your home with solar energy. Join the movement today!