PM Surya Ghar Muft Bijli Yojana

About PM Surya Ghar Muft Bijli Yojana:

• It is a government scheme launched on February 15, 2024, that aims to provide free electricity to households in India.
• Under the scheme, households will be provided with a subsidy to install solar panels on their roofs.
• The subsidy will cover up to 40% of the cost of the solar panels.
• It would help one crore families get up to 300 units of free electricity per month with savings of up to Rs 18,000 annually.
• It is estimated that the scheme will save the government Rs. 75,000 crore per year in electricity costs.
• The scheme has an outlay of Rs 75,021 crore and is to be implemented till FY 2026-27.
• The benefits of the scheme include:
  • Free electricity for households.
  • Reduced electricity costs for the government.
  • Increased use of renewable energy.
  • Reduced carbon emissions.
• Eligibility:
  • The household must be an Indian citizen.
  • The household must own a house with a roof that is suitable for installing solar panels.
  • The household must have a valid electricity connection.
  • The household must not have availed any other subsidy for solar panels.
• Under the scheme, DISCOMs are designated as State Implementation Agencies (SIAs) responsible for facilitating various measures, including net meter availability, timely inspection, and commissioning of installations. 
  • DISCOMs will receive incentives based on their achievement in the installation of additional grid-connected rooftop solar capacity beyond a baseline level.
  • The total financial outlay for the ‘Incentives to DISCOMs’ component is Rs 4,950 crore.

Q1: What are solar panels?

Solar panel is a component of a photovoltaic system that is made out of a series of photovoltaic cells arranged to generate electricity using sunlight.

News: PM Surya Ghar Muft Bijli Yojana receives 1.45 cr registrations: MoS Shripad Naik