The recently launched Solar Subsidy Scheme in 2024, “PM Surya Ghar Muft Bijli Yojana,” is attracting every homeowner for a reason. From lowering electricity bills to generating more employment, the scheme promises a life of abundance and sustainability. Backed by an investment of more than Rs. 75,000 crores, the solar scheme aims to illuminate up to 1 crore households monthly by offering up to 300 units of free electricity.
The scheme also enables homeowners to earn extra by selling excess power to DISCOMs. To begin with, let us understand the scheme in detail and the application procedure to avail the maximum benefits.
What is PM Surya Ghar Muft Bijli Yojana?
PM Surya Ghar Muft Bijli Yojana is a central government launched on February 2024 that offers subsidies upon installation of solar panels. Under this scheme, the Government is offering low-interest rates on solar panels and aims to provide upto 300 units of free electricity to one crore households.
What are the Benefits of PM Solar subsidy scheme Tamilnadu?
The Solar subsidy scheme in Tamilnadu will positively impact the commoner’s life allowing them to enjoy reduced electricity bills and more savings. To elaborate, the following are the benefits of this subsidy scheme:
- The scheme will enable annual savings of Rs.15,000 to Rs.18,000 crores through free electricity and surplus power sales to distribution companies
- The scheme will facilitate electric vehicle charging.
- It will generate more employment opportunities by creating entrepreneurial opportunities for solar panel and installation vendors.
- The subsidy scheme will improve the job prospects for young people in solar panel manufacturing, installation, and maintenance.
Who is Eligible for the Scheme?
According to the Press Information Bureau (PIB) from 1st March 2024, homeowners must meet the underlined Eligibility criteria for PM Surya Ghar scheme:
- The homeowner should have Indian citizenship.
- The owner should have a suitable roof for solar panel installation.
- Must have a valid electricity connection.
- The owner didn’t enjoy any subsidies prior.
How to Apply?
Homeowners can make an Online application and submit the required documents to fulfill their eligibility criteria for availing of the benefits. However, as this is a multi-faceted application, homeowners often face confusion while applying. For this reason, we advise you to make an Offline application through a reliable solar panel vendor like us.
At KCP Solar, we make the PM Surya Ghar Muft Bijli Yojana registration procedure hassle-free and ensure that all your documents are submitted on time during the application procedure. Our experts take care of the entire application procedure so that you don’t miss out on any step and can get the grant at the earliest. Contact us now.