Guide To Solar Panel Subsidy In India
Solar energy is the most abundant and cheapest form of energy resource on our planet Earth. Despite being cost-saving, it also prevents the emission of greenhouse gases. Wouldn’t it be amazing if each one of us installed a solar module on our roofs? It would prove to be beneficial in so many ways. You will undoubtedly contribute something towards the environment, too. The best part of this endeavour is that the government of India is helping you through the solar subsidy. The present guide will elaborate on how to get solar panel subsidies in India.
Understanding Solar Panel Subsidy
A solar panel subsidy is a financial help provided by the government, which provides solar panels to every household. It is part of PM Surya Ghar Muft Bijli Yojana, also known as the Rooftop Solar Scheme. The plan is to install solar panels on 10 million homes across India. It encourages environmental sustainability and reduces the dependence on fossil fuels. This will help to make the future brighter and ultimately contribute towards national prosperity. By participating in the national programs, a person or organization can receive financial assistance, which will popularize solar adoption across India.
What Will be the Amount of Solar Subsidy Received?
Under the rooftop solar scheme, the amount of subsidy provided for the installation of solar panels is as follows:
1. Rs 30,000 subsidy for 1 kilowatt
2. Rs 60,000 for 2 kilowatts
3. Rs 78,000 for systems larger than 3 kilowatts
The subsidy for the Resident Welfare Association (RWA) is Rs 18,000 for common facilities.
Applying for the Solar Subsidy
By going through the above points, you must have been fully aware by now of the true meaning and need for solar panel subsidies. You must be thinking about how to grab the opportunity and apply for the subsidy. It is a lot easier than you might think. You can follow the steps given below to apply for PM Surya Ghar Muft Bijli Yojana:
Step 1. Visit the website of PM Surya Ghar Muft Bijli Yojana and log in.
Step 2. Click on the “Apply for Rooftop Solar” option on the left corner of the website.
Step 3. Next, you will have to provide some registration details like your name, age, state, nationality, mobile number, and others.
Step 4. Upload the documents required, such as identity proof, address proof, and bank details.
Step 5. After submitting the application form, you will receive an acknowledgement. The electricity company will inspect and come to check if your roof is strong enough for the solar panel to be installed there.
Step 6. After verification, you become eligible for the solar subsidy. You can then upload the required net metering certificate and the other documents, such as the bank details, as needed.
Step 7. The solar panel subsidy amount should be credited to your bank account within thirty days.
Requirements for Solar Subsidy in India
When applying for a solar subsidy, keep in mind some of the points mentioned below, and don’t forget to meet the required eligibility criteria:
- You should be an Indian citizen residing in India and have a household income belonging to the poor or middle class.
- You should not have previously received a subsidy for solar panels.
- You should have a legal and valid electricity connection.
- The roof of the house should be suitable for the installation of solar panels.
- The solar panel should be manufactured in India and installed through a government-approved organization.
Advantages of Rooftop Solar Scheme
-
The significant benefit of this scheme is that it will help to reduce the electricity cost.
- The surplus power can be sold to the distribution companies, which will lead to extra income.
- The supply and installation of solar panels will create entrepreneurship opportunities for many vendors.
- The youth will be able to garner more employment benefits with the technical skills in the installation, manufacturing, and maintenance of solar panels.
- Ultimately, by availing of this scheme, you are becoming more environment friendly and helping towards a clean and greener future. This will be a contribution towards our planet.
KLK Ventures: Your Ultimate Guide to Solar Panel Subsidy
KLK Ventures will provide you with expert consultation for the installation of the right system in your home. It manages all the formalities related to paperwork or certification, thereby making your job a lot easier. The solar panels will be installed by our team of efficient professionals. Our assistance will be given to you throughout the application process, including the required criteria and documents. You will get continuous support with our top-notch solar services and maintenance to ensure peak performance.
This guide will surely help you understand the workings and benefits of solar panel subsidies. The installation of solar panels on your house rooftops is beneficial at all levels. Therefore, you should not miss the great opportunity provided by the government. This will not only be cost-friendly and effective for you but will also be beneficial to our environment. We will, undoubtedly, provide all necessary assistance from our side. Hence, what are you all waiting for? Choose KLK Ventures to maximize benefits and financial savings and lead our world toward a greener, more sustainable future.