Solar Panel Subsidy Scheme Maharashtra 2024: Free Electricity and Rs 78,000 Subsidy

Key Highlights

• Up to Rs 78,000 subsidy for solar panel installation.
• 300 units of free electricity per month.
• Earn money by selling excess electricity to the grid.
• Post-subsidy costs: 1 kW - Rs 20,000, 2 kW - Rs 40,000, 3 kW - Rs 67,000.
• Apply online via PM Surya Ghar's website.

On February 27, 2024, the Maharashtra government approved the PM Surya Ghar Free Electricity Scheme, a central government initiative designed to promote renewable energy usage. This scheme provides a subsidy for installing solar panels on rooftops, making it affordable for residents to harness solar power. Eligible individuals can receive up to 300 units of free electricity per month and can also sell excess electricity back to the grid, generating additional income. This scheme aims to support poor and middle-class families in Maharashtra by reducing their electricity expenses and promoting sustainable energy practices.

Also Read: Free Electricity to Farmers for Private Tube Wells in the Kharif Season

What is the Solar Panel Scheme Maharashtra 2024?

The Solar Panel Scheme Maharashtra 2024, under the PM Surya Ghar Free Electricity Scheme, is a significant step towards sustainable energy. Approved by the Maharashtra government, this scheme allows residents to benefit from free electricity and substantial subsidies for solar panel installation. By participating in this scheme, households can reduce their electricity bills to zero for up to 300 units per month. Additionally, any excess electricity generated can also be sold back to the grid, providing an extra source of income. This initiative is particularly advantageous for lower and middle-income families, helping them save money while contributing to environmental conservation.

Benefits of the Scheme

Free Electricity

Under this scheme, eligible households can consume up to 300 units of electricity per month without incurring any charges. This provides significant financial relief, especially for families with high electricity consumption.

Income from Excess Electricity

Households that generate more electricity than they consume can also sell the excess power back to the grid. This not only provides an additional income stream but also supports the overall energy infrastructure by contributing to the grid.

Environmental Benefits

By promoting the use of solar energy, the scheme helps reduce the reliance on fossil fuels, thereby decreasing greenhouse gas emissions and promoting a cleaner environment.

Solar Panel System Prices in Maharashtra

The cost of installing solar panels under the PM Surya Ghar Free Electricity Scheme varies based on the system's capacity. Below are the detailed prices for different system capacities:

• 1 kilowatt (kW) system: Rs 50,000
• 2 kilowatt (kW) system: Rs 1,00,000
• 3 kilowatt (kW) system: Rs 1,45,000

For installations above 3 kilowatts, the price per additional kilowatt is Rs 45,000. This pricing structure ensures that residents can choose a system that fits their energy needs and budget.

How Much Subsidy Will Be Given?

The scheme provides significant subsidies to make solar panel installation affordable. The subsidy amounts are as follows:

• 1 kilowatt (kW) system: Rs 30,000
• 2 kilowatt (kW) system: Rs 60,000
• 3 kilowatt (kW) system: Rs 78,000

Residents can install solar panel systems up to 10 kilowatts. It is important to note that the maximum subsidy amount is capped at Rs 78,000, regardless of the system size. This subsidy structure makes solar energy accessible to a broader range of households.

Post-Subsidy Costs

After applying for the subsidy, here are the net costs residents will incur for different system capacities:

These post-subsidy costs make solar panel installation more affordable, enabling more households to switch to renewable energy.

How to Apply for the Solar Panel Subsidy Scheme in Maharashtra

Applying for the scheme is a straightforward process that can be completed online. Follow these steps to apply:

1. Visit the official website of the scheme: PM Surya Ghar (https://www.pmsuryaghar.gov.in/).
2. On the home page, click on "Apply for Rooftop Solar."
3. Select your state and district.
4. Enter the name of your electricity distribution company and your consumer account number.
5. Click "Next" to proceed to the registration form.
6. Fill in the required information accurately.
7. Upload the necessary documents.
8. Submit the form to complete your application.

Documents Required

To apply for the Solar Panel Subsidy Scheme, you will need to provide the following documents:

• Applicant's Aadhaar card
• Permanent residence certificate
• Family ration card
• Latest electricity bill
• Family income certificate
• Bank account details and a copy of the passbook
• The mobile number linked with Aadhaar
• Passport size photo

By ensuring you have all the necessary documents ready, you can complete the application process smoothly and take advantage of this beneficial scheme.

Also Read: LPG Subsidy to Stop Starting June 1: Act Now to Ensure Uninterrupted Gas Supply

CMV360 Says

The Solar Panel Subsidy Scheme Maharashtra 2024 offers a remarkable opportunity for residents to adopt renewable energy, reduce their electricity bills, and even generate additional income. With substantial subsidies making solar panel installation affordable, this scheme is set to transform the energy landscape in Maharashtra, promoting sustainability and financial savings for households across the state. By following the simple application process and providing the required documents, eligible residents can enjoy the numerous benefits of this progressive initiative.