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Dailymiorror.News,Mumbai,14 November, 2024:The PM Free Solar Yojana is a government initiative aimed at encouraging the use of solar energy across India. As part of this scheme, the government has now doubled the subsidy for solar panel installation, making it much more affordable for citizens to harness solar power.
Why Has the Subsidy Been Doubled?
The main goal behind this doubling of the subsidy is to provide cost-effective and eco-friendly electricity to millions of households. The government is targeting the installation of solar panels in 1 crore homes, helping to reduce reliance on conventional sources of power and curb rising electricity costs. By offering greater financial assistance, this initiative aims to make solar energy more accessible to the common man.
The program provides subsidies for solar systems with capacities ranging from 1 kW to 10 kW, allowing families not only to meet their electricity needs but also to send excess energy back to the grid. This grid-connected solar system will drastically lower your electricity bill, and in some cases, can even make your electricity free.
Who Can Apply for the PM Free Solar Yojana?
The scheme is designed for:
Families living below the poverty line (BPL).
Middle-class households seeking affordable energy solutions.
To apply, the following conditions must be met:
Space Requirement: A 1 kW solar system requires a roof space of at least 10 square meters.
Electricity Bill: Applicants must have a valid electricity bill with a consumer number.
Approved Vendors: You must purchase solar systems only from registered and approved vendors within your state.
How Does the Double Subsidy Work?
For example, if you wish to install a 2 kW solar system, which costs around ₹1,20,000, the subsidy you will receive is as follows:
Central Government Subsidy: ₹60,000
State Government Subsidy: ₹34,000
Total Subsidy: ₹94,000
In this case, you would only need to pay ₹26,000, meaning a 78% subsidy on the total cost of installation.
Here’s the subsidy breakdown for different solar system capacities:
Solar System Capacity Central Government Subsidy State Government Subsidy Total Subsidy
1 kW ₹30,000 ₹17,000 ₹47,000
2 kW ₹60,000 ₹34,000 ₹94,000
3 kW ₹78,000 ₹51,000 ₹1,29,000
Step-by-Step Guide to Applying for the Subsidy
Visit the Official Website: Go to the National Portal for Rooftop Solar at pmsuryaghar.gov.in.
Select an Approved Vendor: Choose a registered solar vendor in your area who is authorized to provide and install the solar system.
Fill Out the Application: Complete the application form on the portal with the required details.
Verification: Your application will be reviewed and verified by the concerned authorities.
System Installation: After verification, the solar system will be installed at your residence.
Net Metering: Once installed, net metering will be set up, allowing you to send any excess power back to the grid.
Subsidy Credit: After installation, the vendor will upload the system details to the portal, and the subsidy amount will be credited to your account.
Key Benefits of Installing Solar Panels
Zero Cost Electricity: With solar power, you can generate up to 300 units of free electricity each month, greatly reducing your reliance on the traditional power grid.
Reduced Electricity Bills: The power generated by your solar panels will significantly cut your electricity costs.
Long-Term Savings: Solar panel systems typically last between 25 to 30 years, so you can enjoy decades of free electricity.
Eco-Friendly: Solar energy is a clean, renewable source of power that reduces your carbon footprint, helping combat climate change.
If you’re fed up with escalating electricity bills, this is the perfect opportunity to switch to solar energy. With the double subsidy, you can install a solar system at a fraction of the cost and enjoy the long-term benefits of free electricity. Take advantage of this government scheme and make the switch to solar power today!
