PM Surya Ghar Muft Bijli Yojana Benefits | PM Free Rooftop Solar Scheme Benefits

PM Surya Ghar Muft Bijli Free Rooftop Solar Electricity Yojana Benefits

The 'PM Surya Ghar Muft Bijli Yojana' or the 'Rooftop Solar Scheme' was introduced by Finance Minister Nirmala Sitharaman in the 2024-25 budget. Launched by Prime Minister Narendra Modi, the initiative aims to install solar panels in one crore homes, providing up to 300 units of free electricity each month. Click here to know more about PM Surya Ghar Muft Bijli Yojana Apply Online Registration Process. Its primary partners are the Ministry of New and Renewable Energy (MNRE), state governments, DISCOMs, financial institutions, and solar panel manufacturers and installers. The goal is to provide subsidies for installing rooftop solar panels in residential houses. The Central Government will directly give substantial subsidies to individuals' bank accounts and offer heavily concessional bank loans, easing the financial burden on beneficiaries. Click here to know more about PM Surya Ghar Muft Bijli Yojana Installation Subsidies Loans.

The PM Surya Ghar: Muft Bijli Yojana, with an investment of over Rs. 75,000 crores, focuses on promoting clean energy and improving citizens' well-being. The Union Cabinet's approval of this scheme marks a big move towards offering free electricity to nearly one crore households. The scheme focuses on providing financial relief to poor and middle-class households, potentially saving them Rs. 15,000 to Rs. 18,000 crores annually through free solar electricity and surplus power sales. Click here to know about PM Surya Ghar Muft Bijli Yojana Eligibility Criteria Requirements.

PM Surya Ghar Muft Bijli Free Rooftop Solar Electricity Yojana Details
Scheme Name PM Surya Ghar: Muft Bijli Yojana
Launched By Prime Minister Narendra Modi
Launched In India, February 1, 2024 (Budget 2024-25)
Investment 75,000 Crore Rupees
Primary Objective 300 free electricity units monthly supply, promoting rooftop solar energy, reducing dependence on traditional energy sources
Target Beneficiaries 1 crore low income households
Benefits Free electricity (up to 300 units/month), direct subsidies, concessional loans, net metering system for excess electricity generation
Official Website https://pmsuryaghar.gov.in/

Benefits offered by PM Surya Ghar Muft Bijli Free Rooftop Solar Electricity Yojana

  • Financial Benefits:
    1. Eligible households get free electricity, saving up to Rs. 15,000 to Rs. 18,000 crores annually from free solar electricity on monthly bills.
    2. Low-income families benefit by having more funds for essential needs.
    3. Reduction of poverty by improving finances for disadvantaged households.
    4. The scheme offers easy loan options with attractive interest rates to access sustainable energy options. Click here to know more about PM Surya Ghar Muft Bijli Yojana Installation Subsidies Loans.
  • Improved Living Benefits:
    1. Beneficiaries enjoy a better quality of life with free electricity for lighting and appliances.
    2. It promotes fairness by ensuring even economically disadvantaged households have basic amenities.
    3. Health and safety improve as households can use medical equipment and adopt safer lighting.
    4. Creates more job opportunities in the solar energy sector and for skilled youth in panel installation, manufacturing, and maintenance.
  • Environmental Impact Benefits:
    1. Encourages energy-efficient practices, leading to lower energy use and fewer emissions.
    2. Promotes renewable energy sources like solar power for sustainability.
    3. Reduces air pollution by lessening reliance on polluting energy sources.
  • Governmental Support Benefits:
    1. Addresses basic needs of low-income households, potentially gaining political support.
    2. Aligns with broader development goals, ensuring access to essential services for socio-economic development.
    3. Provision of substantial subsidies to encourage affordable installation of solar power systems. Click here to know more about PM Surya Ghar Muft Bijli Yojana Installation Subsidies Loans.

PM Surya Ghar Muft Bijli Free Rooftop Solar Electricity Yojana eligibility criteria requirements

  1. Applicants must be Indian citizens.
  2. Eligibility requires individuals to be over 18 years old.
  3. The scheme is available for individual homeowners across India with suitable rooftops for solar panel installation. It primarily targets middle and low-income families whose annual income does not exceed Rs 1.50 lakh.
  4. Having a valid electricity connection in their homes is a prerequisite.
  5. Have not received any prior subsidies for installing solar panels.
  6. None of the family members of the applicant should be employed by the government or paying income taxes.

Click here for PM Surya Ghar Muft Bijli Yojana Apply Online Registration Process.
Click here for PM Surya Ghar Muft Bijli Yojana Eligibility Criteria Requirements.
Click here for PM Surya Ghar Muft Bijli Yojana Check Status Online.
Click here for PM Surya Ghar Muft Bijli Yojana Installation Subsidies Loans.

Frequently asked questions regarding PM Surya Ghar Muft Bijli Free Rooftop Solar Electricity Yojana benefits

Are there any job opportunities in the solar industry?

  • The solar industry offers entrepreneurship opportunities for vendors involved in the supply and installation of solar panels, along with employment prospects for skilled youth in panel installation, manufacturing, and maintenance.
What kind of support does the government provide and how is it accessed? What is the limit for the free electricity I can receive?
  • You can receive a maximum of 300 units of free electricity monthly depending on capacity of the system and its generation.
Are there any disadvantages about the PM Surya Ghar Muft Bijli Yojana?
  • Yes, there are a few disadvantages to consider. While there are subsidies to assist installation, initial costs for solar installation can be high and not all homes have suitable roof space. Grid connectivity issues and maintenance requirements may also pose challenges. Solar power generation depends on weather conditions, causing supply to be inconsistent.