The Rooftop Solar Yojana, or the PM Surya Ghar Muft Bijli Yojana, aims to provide 300 units of free electricity every month to light up one crore households. The objective of this scheme is to reduce the electricity costs of the house by installing rooftop solar panels and using solar energy.
What is a Rooftop Solar Scheme?
The Rooftop Solar Scheme targets to install solar panels in one crore households to supply power and earn additional money for excess electricity output. This scheme will help poor and middle-class households to save up to Rs. 15,000 to Rs. 18,000 crores annually by getting free solar electricity and selling surplus power to electricity distribution companies.
Benefits of Rooftop Solar
Savings of up to Rs. 15,000 to Rs. 18,000 crores annually from free solar electricity and selling the surplus power to the distribution companies for charging electric vehicles
Charging of electric vehicles.
The newly announced PM Surya Ghar Muft Bijli Yojana provides a subsidy to install solar panels ranging from Rs. 30,000 to Rs. 78,000, depending on the solar plant capacity
Entrepreneurship opportunities for many vendors for the supply and installation of solar panels
Employment opportunities for the youth with technical skills in the installation, manufacturing and maintenance of solar panels.
Rooftop Solar Installation Subsidies
Under the Rooftop Solar Scheme, the government will provide the below subsidies for installing solar panels.
For up to 2 kW – Rs. 30,000 per kW
For additional capacity up to 3 kW – Rs. 18,000 per kW
Total subsidy for systems larger than 3 kW – Maximum Rs. 78,000
The suitable rooftop solar plant capacity for households is as follows.