The Union Cabinet’s recent approval of the PM Surya Ghar Free Electricity Scheme heralds a new era of sustainable energy for Indian households.
With the promise of free electricity and substantial savings, understanding the application process and eligibility criteria becomes imperative for potential beneficiaries.
Overview of PM Surya Ghar Free Electricity Scheme:
This centrally-sponsored scheme aims to provide free electricity to one crore households across India through the installation of rooftop solar power units.
Beneficiaries stand to receive 300 units of free electricity monthly, with an estimated expenditure of Rs 75,021 crore.
Eligibility Criteria:
To qualify for the scheme, applicants must:
- Be Indian citizens.
- Possess a suitable roof for solar panel installation.
- Have a valid electricity connection.
- Not have availed any other subsidy for solar panels previously.
Application Process:
Interested consumers can apply online through the national portal www.pmsuryagarh.gov.in.
The process involves selecting the state and electricity distribution company, registering with necessary details, and choosing the preferred rooftop solar unit and vendor.
Loan Facility and Subsidy Process:
Consumers can avail of loans for residential rooftop solar systems up to 3 KW at a low interest rate of approximately 7%.
The subsidy process involves several phases, including registration, application, installation, net metering, and subsidy disbursement directly to the bank account within 30 days.
Benefits of Choosing Rooftop Solar:
Families can save significantly on electricity bills, with assured savings of up to Rs 15,000 annually for households consuming up to 300 units per month.
Surplus electricity can be sold to Discoms, providing additional income streams.
Reduction in carbon emissions through the promotion of renewable energy sources contributes to environmental sustainability.
