Delhi Government’s New Solar Policy 2024

The Delhi Government has unveiled its Solar Policy 2024, marking a significant step towards energy sustainability and offering economic relief to residents. This initiative aims to provide sustainable and affordable energy solutions for both residential and commercial electricity consumers.

Highlights of the New Policy

Reduction in Electricity Bills

One of the key features of this policy is the complete waiver of electricity bills for consumers using up to 400 units. This move is designed to alleviate the financial burden on households while encouraging the adoption of renewable energy sources.

Production-Based Incentives

Consumers who install solar panels will receive production-based incentives, significantly reducing their electricity costs. The government will offer ₹2,000 per kilowatt for installation, making solar energy a more accessible option.

Impact on Consumers

This policy is transformative for residential consumers, enabling savings on electricity bills and allowing them to generate income through government incentives. Commercial users will also benefit from lower energy costs, enhancing profitability and encouraging sustainability.

Future Prospects

The policy aims to boost Delhi’s solar energy production to 4,500 MW by 2027. With a focus on improving air quality and promoting green energy, it also opens avenues for technological advancement and job creation in the energy sector.

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Summary at glance

The Delhi Government’s new Solar Policy 2024 aims to enhance energy sustainability while providing economic relief to residents and businesses. Key features include complete waivers on electricity bills for households using up to 400 units, production-based incentives for solar panel installation, and financial assistance of ₹2,000 per kilowatt. The policy is expected to boost solar energy production to 4,500 MW by 2027, promoting cleaner air and creating job opportunities in the energy sector.

Superfast News Coverage by DelhiBreakings.com team.

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