The PM Surya Ghar Free Electricity Scheme, approved by the Union Cabinet, aims to provide free electricity to one crore households in India through the installation of rooftop solar power units. Here’s all you need to know about this scheme, including eligibility criteria, application process, and potential savings.
Understanding PM Surya Ghar Free Electricity Scheme
The PM Surya Ghar Free Electricity Scheme is a central initiative designed to offer 300 units of free electricity per month to households opting for rooftop solar power units. With a total expenditure of Rs 75,021 crore, the scheme aims to subsidize the installation costs for up to 3 kilowatts capacity systems.
Eligibility Criteria for Applicants
To be eligible for the scheme, applicants must meet the following criteria:
- Be Indian citizens.
- Possess a suitable roof for solar panel installation.
- Have a valid electricity connection.
- Not have availed any other subsidy for solar panels previously.
Application Process
- Registration: Interested consumers need to register on the national portal www.pmsuryagarh.gov.in, selecting their state and electricity distribution company.
- Selection: The portal provides information on system size, benefit calculation, and vendor ratings. Consumers can choose their preferred vendor and rooftop solar unit.
- Loan Facility: Families can avail of loans for residential rooftop solar systems up to 3 kW at a low interest rate without any guarantee, currently around 7 percent.
- Subsidy Application: The application process involves several steps:
- Register on the portal and provide necessary details.
- Apply for rooftop solar installation.
- Install the solar unit from a registered vendor.
- Apply for a net meter after installation.
- Receive a commissioning certificate after inspection by the distribution company.
- Submit bank account details for subsidy disbursement, which occurs within 30 days.
Cost Savings and Benefits
- Families can save significantly on electricity bills and even earn additional income by selling surplus electricity to Discoms.
- The scheme promises assured savings of about Rs 15,000 annually for families consuming up to 300 units per month with a 3 kW rooftop solar unit.
- After deducting the EMI of Rs 610 for the loan, families can still save approximately Rs 1,265 per month or Rs 15,000 annually.
- These savings contribute to reducing carbon emissions by promoting renewable energy production.
By leveraging the PM Surya Ghar Free Electricity Scheme, households can not only reduce their electricity expenses but also contribute to a greener and more sustainable future.
