An investment exceeding Rs. 75,000 crore, PM Surya Ghar Muft Bijli Yojana aims at lowering the electricity bills while boosting employment opportunities. This newly launched free electricity scheme promises free electricity to one crore households in India, who install rooftop solar panels. Prime Minister Narendra Modi launched this scheme on 15th February 2024 to cover up to 40% of the cost of solar panels. In this blog, we will look into the salient features of the scheme and how Tamil Nadu homeowners can be benefitted from it.
What is this Scheme all About?
Launched by the central government, this scheme aims to offer financial benefits to homeowners opting for rooftop solar panels. The scheme will grant up to 300 units of free electricity every month to approximately one crore households across India. The PM Surya Ghar Muft Bijli Yojana in Tamilnadu promises an annual savings of Rs. 15,000 for homeowners consuming upto 300 units per month by installing a 3kW rooftop solar panel.
In addition, a 40% extra subsidy is offered for systems between 2 and 3 kW in capacity, and 60% of the cost of the panel is covered for systems up to 2 kW in capacity. According to the scheme, 1 kW, 2 kW, and 3 kW systems will fetch a benefit of Rs. 30, 000, Rs. 60,000, and Rs. 78, 000 (or more) respectively.
Benefits of PM Surya Ghar MUFT Bijli Yojana for Tamil Nadu Homeowners
Below mentioned is the approximate subsidy one can avail from PM Modi’s solar scheme:
Average Monthly Electricity Consumption (units) | Suitable Rooftop Solar Plant Capacity | Subsidy |
0-150 |
1-2 kW | ₹ 30,000/- to ₹ 60,000/- |
150-300 |
3-3 kW |
₹ 60,000/- to ₹ 78,000/- |
>300 | Above 3 kW |
More than ₹ 78,000/- |
Further, the scheme will provide numerous benefits to the homeowners including:
- Providing free electricity to households
- Government electricity charges will be reduced
- Additional income through sales of surplus power to distribution companies
- Living a sustainable lifestyle while reducing the carbon footprint
- Collateral-free, low-interest loans for buying residential rooftop solar panels up to 3 kW
By participating in the PM Surya Ghar Muft Bijli Yojana, homeowners can significantly reduce their electricity expenses and contribute to environmental sustainability. Installing rooftop solar panels provides free electricity and offers the opportunity to sell surplus power back to the grid, creating an additional income stream. This initiative empowers households to achieve energy independence while promoting a greener future.
How to Apply?
Follow these step-by-step procedures to register for the scheme:
- Register on the subsidy website with state, electricity company, consumer number, mobile, and email.
- Log in with your consumer number and mobile number and fill out the application form.
- Once feasibility approval is done, contact a registered vendor from your DISCOM.
- Once the panels are installed, apply for a net meter after submitting plan details.
- After the net meter installation & DISCOM inspection, you will receive a commissioning certificate.
If you, too, want to avail this solar energy subsidy and become a part of a sustainable future follow the above-mentioned application steps and get registered for the scheme. However, if you need further information about the same, feel free to get in touch with KCP Solar to easily secure your subsidy.