Free Electricity Scheme: This government scheme will give you a benefit of Rs 70000! Apply soon

By

Himansh

Free Electricity Scheme: The Free Electricity Scheme has been approved by the Union Cabinet. Under this scheme, the government will provide a total assistance of Rs 75,021 crore for installing solar panels on the roof in one crore houses. Under this scheme, 300 units of free electricity will be given every month.

Key Features

1. Financial assistance: A subsidy of 60% will be given for 2 kW systems and 40% for 2-3 kW systems. The maximum subsidy will be applicable on systems up to 3 kW.

2. Loan at low interest rate: Loan without guarantee for installing solar panels on the roof of the house will be available at an interest rate of about 7%.

3. Model Solar Village: A model solar village will be developed in every district to promote rooftop solar panels in rural areas.

4. Results and impact: This scheme will save electricity bills and also generate income by selling excess electricity.

Free Electricity Scheme

This scheme will add 30 GW of solar capacity, which will reduce 72 million tons of CO2 emissions over a period of 25 years and create around 17 lakh jobs

You will get a variety of benefits and facilities under the PM Surya Ghar Free Electricity Scheme. The main objective of this scheme is to promote solar energy in the country and provide relief in electricity costs to domestic users. Here is some more important information:

Application Process

Visit [this website](https://pmsuryaghar.gov.in) to apply under the scheme.

Visit the website and upload your required documents like Aadhaar card, electricity bill and bank account details.

Select the appropriate vendor who will install the solar panels for you.

Subsidy and Financial Assistance

The price of a 1 kW solar panel can range from around ₹50,000 to ₹80,000, out of which you will get a subsidy of ₹30,000.

A subsidy of ₹60,000 will be available for 2 kW solar panel and ₹78,000 for 3 kW.

Solar panel installation

Adequate roof space is required to install solar panels, where there is regular sunlight.

Vendors prescribed by the government can be selected to install solar panels under the scheme.

Other benefits

Through the scheme, there will be savings in electricity bills and income can be earned by selling excess electricity to DISCOMs.

The use of solar energy will reduce carbon emissions and protect the environment.

This scheme will also increase employment opportunities in rural and urban areas.

Eligibility

To avail the scheme, the applicant must be an Indian citizen.

The applicant must have an electricity connection and should not be a beneficiary of any other central or state sponsored solar scheme.

This scheme will not only reduce electricity expenses but will also play an important role in promoting green energy and protecting the environment.

Himansh के बारे में
Himansh With 3 years of experience as a content writer, Himansh crafts informative and engaging articles across a wide range of topics. His expertise spans personal finance, government schemes (Yojana), the latest automotive news, ever-changing technological trends, and the dynamic business world. Himansh's ability to adapt his writing style to each subject ensures his readers receive clear and valuable information, regardless of the category. Read More
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