How to Apply for the New Solar Rooftop Subsidy Scheme
The rising cost of electricity has prompted the Government of India to launch a free solar rooftop scheme aimed at economically disadvantaged citizens. This initiative allows homeowners to install solar panels on their rooftops, enabling them to enjoy free electricity.
To benefit from this scheme, homeowners must submit an application. The government is facilitating the installation process to encourage more people to adopt solar energy. Hereβs how you can apply for this subsidy program.
Overview of the Government’s New Solar Rooftop Scheme
This scheme encourages both residential and industrial users to install solar panels, helping to meet their energy needs sustainably. A 1 kW solar panel requires about 10 square meters of space and can provide benefits for up to 25 years, significantly reducing electricity bills.
Objectives of the Scheme
The primary aim is to alleviate the burden of high electricity costs. By installing solar panels, users can potentially reduce their bills by 30% to 50%. The government offers subsidies of up to 20% for installations up to 500 kW, making solar energy more accessible.
Costs and Government Subsidies
Eligible applicants can receive a 30% subsidy from the Ministry of New and Renewable Energy. For instance, if the total cost of a solar system is βΉ1,00,000, the homeowner would only need to pay βΉ70,000 after the subsidy. To apply, necessary documents include an Aadhar Card, PAN Card, and electricity bill.
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Summary at glance
The Government of India has introduced a Solar Rooftop Subsidy Scheme to help economically disadvantaged citizens reduce electricity costs through solar energy. Homeowners can install solar panels and enjoy free electricity while receiving a subsidy of up to 30%. To apply, individuals must submit various documents, including an Aadhaar card and electricity bill. This initiative aims to alleviate the financial burden of high electricity bills, enabling significant savings over time.
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