PM Surya Ghar Muft Bijli Yojana Turns One As we speak; Subsidy Help Up To Rs 78,000: Test Direct Hyperlink To Apply | Economic system Information
New Delhi: PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) mark its first anniversary right this moment. PM Surya Ghar: Muft Bijli Yojana gives households with free electrical energy by way of the set up of backed rooftop photo voltaic panels, considerably lowering their power prices.
Households could have entry to collateral-free, low-interest loans at round 7% curiosity for the set up of residential rooftop photo voltaic (RTS) techniques as much as 3 kW.
The scheme encourages the adoption of renewable power sources, contributing to a extra sustainable and environmentally pleasant power combine in India.
Launched by Prime Minister Narendra Modi on 13 February 2024, initiative goals to supply free electrical energy to households by facilitating the set up of rooftop photo voltaic panels. The PMSGMBY, the world’s largest home rooftop photo voltaic initiative, is reshaping India’s power panorama with a daring imaginative and prescient to produce solar energy to 1 crore households by March 2027.
“As of January 27, 2025, the scheme has already benefitted 8.46 lakh households by way of rooftop photo voltaic installations. The fast adoption of photo voltaic power is obvious within the tenfold enhance in month-to-month set up charges, which now stand at round 70,000 installations monthly, considerably surpassing pre-scheme ranges. The scheme gives a subsidy of as much as 40%, making renewable power extra reasonably priced and accessible. To this point, ₹4,308.66 crore has been disbursed as Central Monetary Help (CFA) to five.54 lakh residential shoppers, with a median subsidy of ₹77,800 per family. Moreover, an estimated 45% of the beneficiaries are actually receiving zero electrical energy payments, relying on their solar energy era and consumption patterns,” mentioned an official launch.
PM Surya Ghar: Muft Bijli Yojana Subsidy Particulars
The subsidy offered below the scheme varies based mostly on the family’s common month-to-month electrical energy consumption and the corresponding appropriate rooftop photo voltaic plant capability:
How To Apply For PM Surya Ghar Muft Bijli Yojana: Direct Hyperlink To Apply
Households can apply for the subsidy by way of the Nationwide Portal: https://www.pmsuryaghar.gov.in/consumerLogin. They’ll additionally choose an appropriate vendor for putting in rooftop photo voltaic. The Nationwide Portal will help in decision-making by offering data on applicable system sizes, a advantages calculator, vendor scores, and different related particulars. With all credentials are entered appropriately on the Nationwide Portal, the common time taken in processing the CFA is round 15 days after redemption request made by the buyer.
