- Install a 1 kW solar panel system for only ₹13,000.
- Benefit from government subsidies covering up to 78% of the cost.
- Save on electricity bills while contributing to a cleaner environment.
Prime Minister Solar Home Subsidy Scheme: What is it?
Solar energy usage has become a fantastic alternative given the increasing electricity demand and environmental concerns. Now is the perfect time to consider installing a solar panel system in your home. With the 1 kW solar panel system available for just ₹13,000, you can save significantly on your electricity bills.
Government Subsidy for Solar Panel Systems
To promote solar energy, the Government of India offers special subsidies aimed at making solar panel installations affordable. By availing of these subsidies, you can set up a solar system at a minimal cost. If you’re looking to install a 1 kW solar panel system, you can receive a subsidy of up to 78%, making it easier on your pocket.
Understanding the Prime Minister’s Solar Subsidy Scheme
Launched by Prime Minister Narendra Modi, the Prime Minister Solar Home Scheme is designed to assist citizens in installing solar panels with significant subsidies. The goal of this initiative is to provide solar panels to 1 crore families in India. Here are some key features of the scheme:
- Beneficiaries receive 300 units of free electricity every month.
- Subsidies available for systems between 1 kW to 10 kW.
By applying under this scheme, you can enjoy substantial discounts on the total cost of your solar panel system.
How to Obtain Solar Subsidies
To qualify for the subsidies, here are some essential requirements:
- Your home must have enough roof space to install solar panels.
- A electricity bill is necessary to take advantage of this scheme.
- Solar panels must be purchased from registered vendors.
To sum it up, you can acquire a 1 kW solar panel system for just ₹13,000 due to significant government subsidies. The overall cost of a solar panel system would typically be around ₹60,000, but thanks to the combined efforts of the central government (₹30,000) and state government (₹17,000), you can benefit from a total subsidy of ₹47,000.
How to Apply for Solar Panel Installation?
To get started with your solar installation:
- Apply through a registered vendor recommended by your state’s electricity distribution company (DISCOM).
- Your solar system will be examined and subsequently installed.
- The net electricity usage will be calculated, allowing you to see the benefits of the subsidy.
Apply Online at this official website: https://pmsuryaghar.gov.in
Advantages of Solar Panel Systems
Solar panel systems not only reduce your utility costs but also impart a positive impact on the environment. Electricity generated through solar energy does not produce any pollution, keeping both your home and environment clean.