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The Solar Panel Subsidy Scheme in Maharashtra offers up to Rs 78,000 subsidy and 300 units of free electricity monthly.
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.
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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.
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.
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.
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.
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:
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.
The scheme provides significant subsidies to make solar panel installation affordable. The subsidy amounts are as follows:
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.
After applying for the subsidy, here are the net costs residents will incur for different system capacities:
System Capacity | Original Cost (Rs) | Subsidy (Rs) | Cost After Subsidy (Rs) |
1 kW | 50,000 | 30,000 | 20,000 |
2 kW | 1,00,000 | 60,000 | 40,000 |
3 kW | 1,45,000 | 78,000 | 67,000 |
4 kW | 1,90,000 | 78,000 | 1,12,000 |
5 kW | 2,35,000 | 78,000 | 1,57,000 |
6 kW | 2,80,000 | 78,000 | 2,02,000 |
8 kW | 3,70,000 | 78,000 | 2,92,000 |
10 kW | 4,60,000 | 78,000 | 3,82,000 |
These post-subsidy costs make solar panel installation more affordable, enabling more households to switch to renewable energy.
Applying for the scheme is a straightforward process that can be completed online. Follow these steps to apply:
To apply for the Solar Panel Subsidy Scheme, you will need to provide the following documents:
By ensuring you have all the necessary documents ready, you can complete the application process smoothly and take advantage of this beneficial scheme.
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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.