Pradha Mantri Suryodaya Yojana 2024: What is it, eligibility, cost. All the details

Produced by: BT Desk

What is this scheme?

It is a scheme that will involve installing solar power systems at rooftops for residential consumers. You get subsidy. The scheme will not only help cut your power bills but also bolster India’s goal of becoming self-reliant in energy sector.

How can I avail of  this scheme?

A consumer can avail of benefits of the scheme through DISCOM tendered projects or through the National Portal (www.solarrooftop.gov.in).

What is the subsidy  I can get?

Centre gives a 40% subsidy on installation of solar panels with a 3-kilowatt capacity. For those opting for a larger capacity of 10 kilowatts, 20% subsidy is being offered.

What kind of rooftop solar  plant works?

Over 640 gigawatts of rooftop solar plants could be installed in homes. Around 7 to 8 lakh households have already embraced rooftop solar, benefiting from the subsidy scheme.

How do I go about it

Consumer can use to national portal to select any vendor and choose the brand and quality/efficiency of solar equipment. The DISCOMs role is limited to issuing of technical feasibility approval, installation of net-meter and inspection of the system.

What then?

After installation and inspection of the system, the scheme subsidy is sent directly to the bank account of the consumer.

What documents  are needed?

You have to give details such as the state name, electricity bill number, mobile number, email ID, and the name of the electricity distribution company.

Who is eligible?

Applicant’s annual income should not exceed Rs 1 or 1.5 lakh and they should not be involved in government service.