Solar Water Heater Subsidy
The Government of India aims to promote renewable energy across various states, leveraging the abundant sunlight to generate electricity. In line with this initiative, the Uttarakhand Renewable Energy Development Agency (UREDA) has launched the Solar Water Heater Subsidy Yojana, encouraging residents to install solar water heaters by providing financial incentives.
This scheme sets an ambitious target of installing 75,000 liters of solar water heater systems each year, with options available in capacities ranging from 100 to 800 liters. Uttarakhand residents can benefit from a substantial 60% subsidy on installation costs, while businesses can avail themselves of a 30% discount. For instance, a 100-liter system costs approximately ₹1,52,000.
Benefits of the Scheme
- Reduction in monthly electricity bills.
- Annual savings of around 1,500 units of electricity.
- Prevention of 1.5 tonnes of CO2 emissions each year with a 100-liter system.
- Longevity of the solar water heating system, lasting 15-20 years.
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Summary at glance
The Government of India aims to promote renewable energy, particularly through the Solar Water Heater Subsidy Yojana initiated by the Uttarakhand Renewable Energy Development Agency (UREDA). This scheme offers a 60% subsidy for domestic installations and 30% for commercial use, targeting the installation of 75,000 liters of solar water heaters annually. Savings include reduced electricity bills and significant carbon emission reductions. A 100-liter system costs Rs 1,52,000, saving approximately nine lakh units of electricity each year.
Superfast News Coverage by DelhiBreakings.com team.
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