Prime Minister Surya Ghar Yojana for residential facility
The Pradhan Mantri Surya Ghar Yojana is a government initiative aimed at promoting the use of solar energy in homes across India. The scheme offers financial assistance in the form of subsidies to encourage households to install solar panels and utilize renewable energy. Here's a brief overview:
Key Features of the PM Surya Ghar Yojana:
Subsidy for Solar Panels:
The government provides a subsidy to individuals or households for the installation of solar panels. This is to reduce the initial financial burden and promote clean energy adoption.
Eligibility:
The scheme is available to residential households in both urban and rural areas, particularly those that have an existing roof to install solar panels.
Financial Assistance:
The subsidy amount typically covers a portion of the cost of the solar panel installation, which can vary depending on the capacity of the solar system. However, the exact percentage or amount of the subsidy may differ based on the state and the size of the system.
Easy Financing:
To make the scheme more accessible, the government also encourages financial institutions to provide loans to individuals for the installation of solar panels. These loans can be repaid over a period of time.
Reduction in Electricity Bills:
Once installed, solar panels help generate electricity from sunlight, which reduces reliance on the grid, resulting in lower electricity bills. This also helps reduce carbon footprints.
Objective:
The main objective of the scheme is to increase the adoption of renewable energy, reduce the carbon footprint, and provide affordable and clean electricity to every household.
How to Apply:
You can apply for the scheme through the official website or through state government portals, where you can also find more information on eligibility criteria, documentation, and the subsidy amount for your region.
This scheme is part of India's broader push towards renewable energy and its goal to promote solar power in the country.