Who is eligible to apply for free electricity under PM Surya Ghar Muft Bijli Yojana?
Who can apply for PM Surya Muft Bijli Yojana: After opting for PM Surya Muft Bijli Yojana, households will be able to save money on their electricity bills while also earning more money by selling surplus power to DISCOMs.
Who is eligible to apply for PM Surya Muft Bijli Yojana?
The government launched PM Surya Muft Bijli Yojana a couple of months ago. After opting for the scheme, households will be able to save money on their electricity bills while also earning more money by selling surplus power to DISCOMs.
According to the PIB release, here are steps to avail subsidy. Step 1
Register on the portal
Select your State & Electricity Distribution Company
Enter your Electricity Consumer Number, Mobile Number & Email.
Step 2
Login with Consumer Number & Mobile Number
Apply for the Rooftop Solar as per the form
Step 3
Once you get the feasibility approval, get the plant installed by any of the registered vendors.
Step 4
Once installation is completed, submit the plant details and apply for net meter.
Step 5
Commissioning certificate will be generated from the portal, after installation of net meter and inspection by DISCOM.
Step 6
Once you get the commissioning report. Submit the bank account details and a cancelled cheque through the portal. You will receive your subsidy in your bank account within 30 days.
The interested home owner must first create an account on the national website, pmsuryaghar.gov.in. Customers have the option of selecting the manufacturer and supplier of the rooftop solar system they want installed. . Households will benefit from the National Portal's provision of pertinent data, including vendor ratings, benefits calculators, and suitable system sizes.
How does PM Surya Ghar Muft Bijli Yojana work?
As per the PIB release, “The scheme provides for a subsidy of 60% of the solar unit cost for systems up to 2 kW capacity and 40 percent of additional system cost for systems between 2 to 3 kW capacity. The subsidy has been capped at 3 kW capacity. At current benchmark prices, this will mean Rs 30,000 subsidy for 1 kW system, Rs 60,000 for 2 kW systems and Rs 78,000 for 3 kW systems or higher.”
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Loan facility Currently, low-interest credit ways with no collateral requirements and interest rates as low as 7% are available to households for the installation of home RTS systems up to 3 kW. The interest rate is fixed at a 0.5% premium above the current repo rate, which is determined periodically by the Reserve Bank of India. The effective interest rate for consumers will drop from the current 7% to 6% if the Repo Rate, which is now 6.5%, is cut to 5.5%.
How to apply for PM Surya Ghar Muft Bijli Yojana 2024?
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The Finance Minister unveiled a rooftop solar power project in Budget 2024 that will provide up to 300 units of free electricity each month to one crore families. Prime Minister Narendra Modi announced the commencement of PM Surya Ghar: Muft Bijli Yojana on February 13, 2024, using his official X account.
The Finance Minister unveiled a rooftop solar power project in Budget 2024 that will provide up to 300 units of free electricity each month to one crore families. Prime Minister Narendra Modi announc..
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This project, with an investment of over Rs. 75,000 crores, aims to light up 1 crore households by providing up to 300 units of free electricity every month. the scheme will lead to more income, lesser power bills, and employment generation for people.
Prime Minister posted on social media X “In order to further sustainable development and people’s wellbeing, we are launching the PM Surya Ghar: Muft Bijli Yojana. This project, with an investment of over Rs. 75,000 crores, aims to light up 1 crore households by providing up to 300 units of free electricity every month.”
This project, with an investment of over Rs. 75,000 crores, aims to light up 1 crore households by providing up to 300 units of free electricity every month. the scheme will lead to more income, less..
Read More
Here is a look at how you can apply for a rooftop solar panel under the PM Surya Ghar: Muft Bijli Yojana, as per its official website.
Register in the portal with the following
Select your State
Select your Electricity Distribution Company
Enter your Electricity Consumer Number
Enter Mobile Number
Enter Email
Please follow the directions from the portal.
Login
Log in with your consumer number & mobile number.
Apply for the Rooftop Solar as per the form.
Wait for the feasibility approval from DISCOM. Once you get the feasibility approval install the plant by any of the registered vendors in your DISCOM.
Here is a look at how you can apply for a rooftop solar panel under the PM Surya Ghar: Muft Bijli Yojana, as per its official website. Register in the portal with the followingSelect your StateSelec..
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Once installation is over, submit the plant details and apply for a net meter.
After the installation of net meter and inspection by DISCOM, they will generate commissioning certificate from portal.
Once you get the commissioning report. Submit the bank account details and a cancelled cheque through the portal. You will receive your subsidy in your bank account within 30 days.
Once installation is over, submit the plant details and apply for a net meter.After the installation of net meter and inspection by DISCOM, they will generate commissioning certificate from portal.On..
Read More
• Saving on electricity bills by the consumer.
• Utilization of available vacant roof space, no additional land required.
• Low gestation period.
• No additional requirement for transmission and distribution (T&D) lines.
• Reduces T&D losses as power consumption and generation are collocated.
• Improvement in the tail-end grid voltages and reduction of system congestion.
• Long-term energy and ecological security by a reduction in carbon emission.
• Better management of daytime peak loads by DISCOM/ utility.
• Meeting of the Renewable Purchase Obligations (RPOs) of obligated entities.
• Saving on electricity bills by the consumer. • Utilization of available vacant roof space, no additional land required. • Low gestation period. • No additional requirement for transmission and dis..