Delhi updates Solar Energy policy, trebles subsidy
Delhi government has significantly increased subsidies for rooftop solar systems, effective July 10. Households can now receive ₹10,000 per kW, up to ₹30,000. Group housing societies and RWAs are eligible for ₹2,000 per kW for common facilities, i...
The changes, aimed at boosting rooftop solar adoption, are effective from July 10.
Earlier, the government provided a subsidy of ₹2,000 per kW, capped at ₹10,000.
The amendment also introduced a new capital subsidy for group housing societies and resident welfare associations. These entities will now be eligible for ₹2,000 per kW for solar systems for common facilities, including electric vehicle charging infrastructure for systems up to 500 kW.
The policy also refined the hybrid renewable energy service company, or the RESCO model, a financing structure where solar installations are funded and owned by developers.
Under the updated model, consumers will pay the RESCO developer through their regular electricity bills, which will remove the need for upfront investment and simplify the billing process through distribution companies.
The subsidies will be credited directly to consumers' bank accounts, with application data sourced either from the National Rooftop Solar Portal of the PM Suryaghar Muft Bijli Yojana or the Delhi Solar Portal, depending on the channel used.
The amendment also provides flexibility in the application process.
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