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Households to get a subsidy for installing solar rooftop

Published on Feb 29, 2024
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Renewable energy, especially in India, is growing rapidly🚀

In order to support further growth, MNRE (The Ministry of New & Renewable Energy) has extended the subsidy scheme to foster growth.

Earlier households have to get the solar rooftop from the listed vendors to get subsidies. These listed vendors were not easily available, leave alone the awareness people had about such schemes.

Now you can get the rooftop installed by yourself or any vendor of your wish. You just have to inform your electricity provider (DISCOM) and take a photograph of the installed system.

If you are wondering what the subsidy is, here it is:

The subsidy to be given by the Govt of India which is 40% for the rooftop of up to 3KW capacity and 20% beyond that up to 10KW will be credited to the account of the householder by the DISCOM within 30 days of the installation.

That’s amazing, isn’t it?
Here’s more. You will also be given ‘net-metering’ within 15 days. You can learn more about net metering here.

You can also apply for the subsidy scheme by visiting here; click on ‘Apply for Rooftop Solar’ and select your State & Electricity provider accordingly.

 

*Update as per PM's announcement on Feb 14, 2024, under PM Surya Muft Bijli Yojana:

 

Subsidy for residential households 

Rs. 30,000/- per kW up to 2 kW Rs. 18,000/- per kW 

for additional capacity up to 3 kW Total Subsidy for systems larger than 3 kW capped at Rs 78,000 

 

Subsidy for Group Housing Society/ Resident Welfare Association (GHS/RWA) Rs. 18,000 per kW for common facilities, including EV charging, up to 500 kW capacity (@3 kW per house) with the upper limit being inclusive of individual rooftop plants installed by individual residents in the GHS/RWA

Written by Zodhya

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