Solar Rooftop Subsidy Yojan: With India’s population and energy demands rising, the power industry faces challenges. To tackle this, a shift to solar and other renewables is underway. However, limited resources relative to consumption persist. To address high monthly power costs, the government advocates for solar energy as a feasible alternative.
The government is now receiving online applications for the Solar Rooftop Subsidy Scheme, accessible via an online portal. This article provides insight into the scheme’s objectives, benefits, eligibility criteria, and guidance on completing the online form.
Solar Rooftop Subsidy Yojana 2024
Solar panels capture sunlight, providing versatile energy for various purposes. With their space-efficient design, they offer numerous advantages, including energy generation in limited areas. Their adoption is increasingly prevalent in urban areas, as people seek to decrease reliance on traditional power sources and mitigate expensive electricity bills.
To boost the adoption of solar rooftop systems, the Indian government has launched the Solar Rooftop Subsidy Scheme. This initiative aims to promote nationwide use of solar energy by assisting customers in financing the installation of solar panels on their rooftops. By facilitating this transition to renewable energy, customers stand to benefit significantly. The government’s objective under this scheme is to achieve 1 lakh megawatts of solar energy production by 2022, with 40,000 megawatts generated from rooftop solar power plants.
solarrooftop.gov.in Portal Details in Overview
| Scheme Name | Solar Rooftop Scheme |
| Scheme Modification | 15 March |
| Objectives | To promote and boost solar energy in the country, |
| Benefits | Subsidies |
| Website | solarrooftop.gov.in |
Solar Rooftop Subsidy Yojana Objectives
The primary objective of the solar rooftop subsidy scheme, established by the central government, is to encourage widespread adoption of solar panels on rooftops. By doing so, the scheme aims to reduce dependency on the grid station for power. This initiative benefits not only the government and the nation as a whole but also local communities and individuals.
Solar Rooftop Subsidy Yojana Benefits
The scheme offers various benefits:
- By utilizing rooftop space, it conserves land otherwise required for electricity generation, simplifying operations for customers who can reduce reliance on grid power.
- Solar rooftops reduce reliance on diesel generators, contributing to environmental preservation.
- Particularly advantageous for commercial entities, solar rooftops generate maximum power during peak hours at lower costs compared to grid power.
- It represents a one-time investment that leads to reduced utility expenses.
- Applicable to households, industries, and social institutions, this scheme aids businesses while offering ongoing savings post-installation.
- With no ongoing costs, individuals can save substantially.
- The system’s cost of Rs.6.50/kWh is significantly lower than diesel generators and standard power.
- Under the National Solar Mission, the government plans to allocate 600 to 5,000 crore over five years.
- By reducing carbon emissions, the program contributes to combating global warming.
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