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Solar Subsidy Structure

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The Government of India has approved the PM - SURYA GHAR : MUFT BIJLI YOJNA on 29th February, 2024 to increase the share of solar rooftop capacity and empower residential households to generate their own electricity. The scheme has an outlay of Rs 75,021 crore and is to be implemented till FY 2026-27. The scheme will be implemented by a National programme Implementation Agency (NPIA) at the National level and by the State Implementation Agencies (SIAs) at the state level. The Distribution Utility (DISCOMs or Power/Energy Departments, as the case may be) shall be the State Implementation Agencies (SIA) at the State/UT level. c) Under the scheme, the DISCOMs shall be required to put in place several facilitative measures for promotion of rooftop solar in their respective areas such as availability of net meters, timely inspection and commissioning of installations, vendor registration and management, interdepartmental convergence for solarizing government building etc.

Who are eligible to apply for the Scheme?

The applicant must be an Indian citizen.
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 of any other subsidy for solar panels.

How does PM Surya Ghar Muft Bijlee Yojana work?

The scheme provides for a subsidy of 60% of the solar unit cost for systems up to 2kW capacity and 40 percent of additional system cost for systems between 2 to 3kW capacity. The subsidy has been capped at 3kW capacity.

At current benchmark prices, this will mean Rs 30,000 subsidy for 1kW system, Rs 60,000 for 2kW systems and Rs 78,000 for 3kW systems or higher.

The breif details are:

Solar energy systems with a capacity of up to 2 kW are eligible for a subsidy of up to ₹30,000/ kW.
For a system capacity of 3kW, consumer can avail a subsidy of ₹78,000.
For all system capacities exceeding 3kW, a fixed subsidy of ₹78,000 will be provided.
This CFA (Central Financial Assistance) will be calculated either the solar panels capacity or the inverter capacity, whichever is lower.