The Department of Post aims to support up to one crore families nationwide in installing rooftop solar panels. Postmen will facilitate registration, ensuring easy access to cleaner and more affordable energy. For additional information, visit https://pmsuryaghar.gov.in/ or contact your local postman. Visit your nearest Post Office for further assistance.
What is the PM Surya Ghar Muft Bijli Yojana about?
This initiative provides households with free electricity on installing rooftop solar power systems. Participants will benefit from receiving 300 units of electricity free every month. The subsidy amount is calculated based on current benchmark prices, equating to Rs 30,000 for a 1 kW system, Rs 60,000 for a 2 kW system, and Rs 78,000 for a 3 kW system or larger, according to the PIB release.
Additionally, households can access low-interest loan products, free of collateral, with interest rates around 7% for installing residential rooftop solar (RTS) systems up to 3 kW.
How to apply for the PM Surya Ghar Muft Bijli Yojana?
•visit website and start registering by selecting your State & Electricity Distribution Company. Provide your Electricity Consumer Number, Mobile Number & Email.
•Log in by using your Consumer Number & Mobile Number and proceed to apply for Rooftop Solar using the form.
• On receiving feasibility approval, make arrangements for the installation of the solar plant by any registered vendors in your DISCOM.
• After successful installation, submit the plant details and apply for a net meter.
• A commissioning certificate will be generated from the portal following net meter installation and DISCOM inspection.
•Upon receiving the commissioning report, submit your bank account details and a cancelled cheque through the portal. Your subsidy will be credited to your bank account within 30 days.
Who is eligible for the PM Surya Ghar Muft Bijli Yojana?
As per the Press Information Bureau (PIB) release dated March 1, 2024:
1.Applicants must be Indian citizens.
They must own a house with a suitable roof for solar panel installation.
2.The household must possess a valid electricity connection.
3. No other subsidy for solar panels should have been availed by the household.
4. Registration for the PM Surya Ghar Muft Bijli Yojana: The postal department commences registrations for the solar rooftop scheme.
Loan Facility:
Presently, households have access to low-interest credit options without the need for collateral, offering interest rates as low as 7% for the installation of residential rooftop solar (RTS) systems up to 3 kW. The interest rate is set at a 0.5% premium above the prevailing repo rate, which is periodically determined by the Reserve Bank of India. If the Repo Rate, currently at 6.5%, is reduced to 5.5%, the effective interest rate for consumers will decrease fro
m the current 7% to 6%.
.webp)
