Reviewed by: Fibe Research Team
In the Interim Budget 2024–2025, Finance Minister Nirmala Sitharaman unveiled the Solar Rooftop Scheme, also referred to as the PM Surya Ghar Muft Bijli Yojana. She affirmed in Budget 2024–2025 that the program would give up to 300 units of free electricity per month to 1 crore families. Under this program, more than 1.28 crore registrations have already been finished.
Scheme Name | Rooftop Solar Scheme or PM Surya Ghar Muft Bijli Yojana |
Launch Date | 15 February 2024 |
Target Beneficiaries | Indian citizens from low and middle-income households owning a house |
Subsidy Amount | ₹30,000 to ₹78,000 for solar panel installation |
Key Benefit | Free monthly electricity generated by solar panels for households |
Application Mode: | Online |
Official Website | https://www.pmsuryaghar.gov.in/ |
Helpline Number | 15555 |
Source
The PM Surya Ghar Muft Bijli Yojana, which was launched on February 15, 2024, is one of the primary government schemes for solar panels. Its objective is to install solar systems in one crore homes with subsidies that can cover as much as 40% of the cost. Households can save between ₹15,000 and ₹18,000 a year through reduced rates and excess power sales, while the government saves ₹75,000 crore yearly in electricity expenses.
The PM Solar Rooftop Yojana, also called the PM Surya Ghar Muft Bijli Yojana, aims to provide 300 free electricity units to one crore families each month. It reduces India’s reliance on conventional energy sources and promotes the use of renewable energy sources across the country by expanding solar energy, cutting electricity bills and encouraging sustainable practices.
This scheme, part of key government schemes for solar panels, provides households with affordable and sustainable energy while supporting environmental conservation and fostering economic growth.
This scheme provides households with cost-effective solar electricity, promoting environmental sustainability and fostering economic development.
The government offers subsidies under the Rooftop Solar Scheme, one of the prominent government schemes for solar panels, to promote solar panel installation.
Thus, the PM Surya Ghar Muft Bijli Yojana is a government scheme that subsidises rooftop solar panel installation for Indian citizens from low and middle-income households. It aims to reduce electricity bills, promote renewable energy use and benefit the environment.
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Applicants must be Indian nationals with a rooftop that is suitable for installing solar panels, a working electrical connection and no history of solar system subsidies in order to be eligible for the PM Solar Rooftop Yojana.
As part of government schemes for solar panels, electricity users can build a Rooftop Solar (RTS) system under net or gross metering frameworks. Candidates are eligible if they have a valid energy connection, pay their bills on time and have the owner’s consent to put solar panels on their roof.
For up to 300 units per month, PM Surya Ghar Muft Bijli Yojana provides free electricity; however, rooftop solar panel installation is required. The electricity is free. However, the setup is subsidised rather than free because the government provides a 40% installation cost rebate.
To get a solar subsidy in India: