In a recent announcement, Delhi Chief Minister Arvind Kejriwal unveiled the Solar Policy 2024, a pioneering initiative aimed at making Delhi self-reliant in electricity and offering economic benefits to its residents.
Key Highlights of Delhi Solar Policy 2024
- Zero Electricity Bills: The policy encourages households to install solar panels, ensuring that those consuming over 201 units of electricity will have zero electricity bills.
- Four-Year Payback: Individuals investing in solar panels can expect a return on investment within four years.
- Focus on Awareness: Despite the success of the 2016 Solar Energy Policy, public awareness remains limited. The new policy seeks to increase awareness and adoption of solar energy.
- Mandatory Solar Panels on Government Buildings: All government buildings with an area of 500 square meters will be required to install solar panels within the next three years.
- Subsidies and Incentives: The Delhi government will provide a subsidy of Rs. 10,000 for solar panel installation. Additionally, incentives will be offered for setting up systems of 300 kilowatts.
Potential Impact
This policy marks a significant shift towards sustainable energy, potentially reducing the reliance on traditional power sources. It aligns with the global movement towards green energy, positioning Delhi as a leading city in environmental responsibility.
The Solar Policy 2024 by the Delhi government is not just an environmental initiative but also a financially beneficial scheme for its residents. It reflects the government’s commitment to reducing carbon footprints and encouraging the use of renewable energy sources, setting a precedent for other states and regions to follow