PM Surya Ghar Muft Bijli Yojana 2024, Check Here For More Information

The PM Surya Ghar Muft Bijli Yojana is a progressive initiative by the Indian government that provides subsidized rooftop solar panels to households nationwide. The primary objective of this scheme is to reduce electricity expenses and encourage the use of renewable energy. It empowers families to generate their own electricity and sell any surplus power back to the grid. This initiative is particularly beneficial for economically disadvantaged and middle-class families.

PM Surya Ghar Muft Bijli Yojana 2024

The PM Surya Ghar Muft Bijli Yojana was introduced in the 2024-25 budget by the then Finance Minister, Nirmala Sitharaman. Its primary objective is to enhance the affordability and accessibility of solar energy for households by providing them with subsidized rooftop solar panels. By using these solar panels to generate their own electricity, families can significantly reduce their electricity bills.

Furthermore, if they produce surplus electricity, they can sell it back to the electric grid, thus generating extra income. The government directly provides financial support to families bank accounts and offers low-interest loans to ensure that the installation of solar panels does not become a financial burden. This initiative focuses particularly on aiding low- and middle-income households by cutting their energy expenses and promoting sustainable energy sources.

Key Details of the Scheme

The Prime Minister initiated the scheme on February 15, 2024, with the objective of equipping one crore households with solar panels to capture solar energy for powering their homes. The government directly subsidises up to 40% of the installation expenses to the beneficiaries’ bank accounts and extends concessional loans. Families can save around Rs. 15,000 to Rs. 18,000 crores annually by utilizing solar electricity for free and selling surplus electricity to the grid.

Objectives of PM Surya Ghar Muft Bijli Yojana

The PM Surya Ghar Scheme is designed with several key objectives:

• Lower Electricity Costs: It provides households with up to 300 units of free solar electricity monthly, significantly reducing their power bills.
• Promote Green Energy:Promotes the transition from non-renewable fuels to eco-friendly solar power, lessening the environmental footprint.
• Enhance Self-Sufficiency: Helps families become energy-independent by generating their own electricity.
• Create Jobs: Generate employment opportunities for installing and maintaining solar panels.
• Improve Energy Security: Diversifying energy sources and reducing reliance on the grid enhance national energy security.

Benefits of PM Muft Bijli Yojana

The yojana offers several key benefits:

• Saving Money: Families can save a lot of money by using free solar electricity from their rooftop panels. Plus, if they make more power than they use, they can sell it back to the electricity companies and make some extra money.
• Help for Electric Vehicles: The extra electricity that’s made can also be used to charge electric cars, which saves money and is good for the environment.
• Job Opportunities: The scheme helps the local economy by creating a need for solar panel vendors and installers. This opens up new business opportunities and gives jobs to people who know how to install and maintain solar panels.
• Government Savings: The scheme helps the government save money on energy costs by reducing the need for electricity from the national grid. This could allow the government to use resources for other important services.
• Helping the Environment: Using more solar energy means using less fossil fuels, leading to less carbon emissions and less environmental harm.
• Better Energy Security: The scheme promotes a shift to decentralized solar power generation, improving the country’s overall energy security by making it less dependent on centralized power sources that can fail and be inefficient.

Eligibility Criteria

• Living in India: To apply for the scheme, you must be living in India.
• Income Level: The scheme is aimed at helping poor and middle-income households. It’s designed to provide financial help and energy independence to needy people.
• Owning a Home: You need to own a home with a roof suitable for installing solar panels. This ensures that the installations are secure and possible.
• Active Electricity Connection: You must have an active electricity connection. This is needed to connect the solar panels with the existing power infrastructure and to set up net metering.
• No Previous Subsidies: If you’ve already received subsidies for solar panel installations under different schemes, you’re not eligible. This ensures that the benefits are distributed fairly and that government resources reach as many people as possible.

Subsidies Under PM Surya Ghar Muft Bijli Yojana

The Indian government offers substantial financial subsidies through the PM Surya Ghar Muft Bijli Yojana to incentivize the installation of rooftop solar panels in households. The subsidy structure is as follows:

• Subsidies Based on Capacity:
  • For solar panels up to 2 kW: Households can get Rs. 30,000 per kW.
  • For extra capacity up to 3 kW: If the installation is more than 2 kW and up to 3 kW, a lower subsidy of Rs. 18,000 per kW is given.
  • For systems larger than 3 kW: The total subsidy for systems over 3 kW is Rs. 78,000.
• Group Housing Societies and Resident Welfare Associations:
  • Subsidies are also given for installations in group housing societies and resident welfare associations for common facilities like lights in shared spaces and electric vehicle charging stations.
  • Up to a capacity of 500 kW, these shared installations can get a subsidy of Rs. 18,000 per kW.

How to Apply

• Go to the PM Surya Ghar Muft Bijli Yojana’s official website.
• Find and click the button that says ‘Apply for Rooftop Solar’.
• Please select your state, district, and electricity distribution company, type in your customer account number, and click ‘Next.’
• Type in your mobile number and email, then follow the instructions to finish the registration.
• Log in using your customer account number and mobile number.
• Fill out the ‘Rooftop Solar’ form and submit it.
• Wait for DISCOM to approve the feasibility. Once it’s approved, get the plant installed by a registered vendor.
• After installation, submit the plant details and apply for a net meter.
• A commissioning certificate will be created once the net meter is installed and DISCOM has done an inspection.
• Finally, submit your bank account details and a cancelled cheque to get the subsidy in your bank account within 30 days.

Click the link to know more.

Gaurav

Gaurav, an exam specialist with a passion for education, writes comprehensive articles on exam results and admit cards. His expertise ensures students receive reliable information and useful tips to excel in their exams.