Rooftop Solar Plant Government Scheme for Households
The solar plant government scheme for household rooftops or PM Surya Ghar Muft Bijli Yojana is a central government initiative to boost solar power generation at subsidised installation cost. You might be thinking about what it is in detail, its benefits, subsidy amount and eligibility criteria. Here are the answers to your questions.
What is the Solar Plant Government Scheme?
PM Surya Ghar Muft Bijli Yojana aims to help 1 Crore households generate electricity by installing rooftop solar panels. This scheme will provide up to 300 units of free electricity to each household every month (With a 3-KW solar system). Thus, the purpose of the scheme is to reduce monthly electricity bills for poor and middle-income groups in the country.
This scheme is to boost the new solar system installation across the country. Therefore, it will help to reduce the dependence of households on non-renewable energy sources to get electricity. In this scheme, the government is providing up to Rs. 78,000 for new solar system installations.
It is best to contact the best solar company in Durgapur if you stay here and want to avail the subsidy amount. Therefore, they will guide you better.
Benefits of Solar Plant Installation
PM Surya Ghar Muft Bijli Yojana is making the solar system affordable. After the installation, you will get multiple benefits from it. Here are the benefits you can reap by installing rooftop solar panels:
1. Reduced Monthly Electricity Bills
Your electricity bill will decrease with on-grid rooftop solar panels based on the net meter reading. A 1KW rooftop solar panel produces approximately 4 – 5 units of electricity each day. Suppose you install a 2KW on-grid solar panel, then it can produce 240 – 300 units of electricity each month.
Here is an example to help you understand how your monthly electricity bill will decrease.
- Monthly electricity needs = 250 units
- Solar panel-produced electricity =240 units
- Consumption from solar panel-produced electricity = 150 units
- Export to grid = 90 units (excess)
- Import from Grid = (250 – 150 units) = 100
Thus, to meet your energy needs in a month you will have to pay for only 10 units (100 -90 units). You will not have to pay for 250 units.
For solar installation in Howrah, you need to contact a solar company in Howrah empanelled under any of the DISCOMs to become eligible for the subsidy.
2. Increased Annual Savings
Installing rooftop solar panels will help you increase your annual savings. As your monthly electricity bills reduce, the amount you save each month will increase. Thus, you can save approximately Rs. 15,000 to Rs. 18,000 every year with residential rooftop solar installation (10 kW solar system).
Even for bigger needs, you can save your electricity bills with solar energy. For example, solar solutions for schools, colleges & universities is one of the best options to save the high electricity cost in a sustainable way. However, here you will not get the PM Surya Ghar subsidy.
3. Relief from Utility Inflation
The cost of each unit of electricity will likely increase in the forthcoming years. In the absence of a rooftop solar system, you will have to pay the increased cost for all the units consumed. However, installing an on-grid rooftop solar panel will reduce the units of electricity imported from the grid. Thus, you will have to pay for fewer units at an inflated rate.
Solar systems can last up to 25 – 30 years. Therefore, you can safeguard your pocket from electricity cost inflation with solar energy.
Are you a resident of Hoogly and want to save your pocket from higher electricity bills? Hire a solar company in Hooghly to get immediate solutions with solar energy.
Solar Government Subsidy Amount Under the Latest Scheme
The Indian government will provide subsidies for rooftop solar system installation based on its capacity. Here is the subsidy amount, capacity and electricity needs for you:
- If your household electricity requirements stand between 0 – 150 units monthly, you have to install a solar system between 1KW – 2KW. In this solar system, you will get Rs. 30,000 – Rs. 60,000 as subsidy.
- For requirements between 150 – 300 units monthly, the ideal solar system size is 2KW – 3KW. For these systems, you will get Rs. 60,000 – Rs. 78,000 as solar subsidy.
- If your monthly electricity requirement is more than 300 units, then you have to install a solar system of more than 3KW. Please note that the subsidy amount is capped at Rs. 78,000. Therefore, even if you install a bigger solar system, you cannot get above this amount.
Now after this scheme, the consumers across India are showing heavy interest in shifting to solar energy. In a recent report, India Today published the experience of people across India after speaking to consumers.
Eligibility Criteria for Government Solar Plant Scheme
The eligibility criteria for this scheme are as follows:
- The applicant should be an Indian citizen
- You should be the owner of the house and must have roof rights.
- The meter should be in your name.
- You should not have availed subsidy earlier.
Things to Remember While Applying for The Subsidy
Remembering the following important things can help you avail of subsidy seamlessly:
- You should apply for on-grid solar systems.
- The solar panels or cells should be DCR-marked (domestic content requirement) or manufactured in India.
- ALMM-listed solar modules should be chosen.
- The vendor should be DISCOM-empanelled.
Further, you can compare quotes from different vendors to select the right one and avail subsidy under PM Surya Ghar Muft Bijli Yojana.
Afterword
The solar plant government scheme can help you reduce on-grid rooftop solar installation costs for you. Besides, you can reap the benefits of reduced electricity bills and increased savings with this scheme to reduce your financial burden.
Please note that after the solar system installation, the DISCOM officials will visit your location. After a thorough verification, they will give the approval. After that, your subsidy will be credited in yoru bank account in the next 30 days.
