About PM Surya Ghar Muft Bijli Yojana:
- It is a government scheme launched on February 15, 2024, that aims to provide free electricity to households in India.
- Under the scheme, households will be provided with a subsidy to install solar panels on their roofs.
- The subsidy will cover up to 40% of the cost of the solar panels.
- It would help one crore families get up to 300 units of free electricity per month with savings of up to Rs 18,000 annually.
- It is estimated that the scheme will save the government Rs. 75,000 crore per year in electricity costs.
- The scheme has an outlay of Rs 75,021 crore and is to be implemented till FY 2026-27.
- The benefits of the scheme include:
- Free electricity for households.
- Reduced electricity costs for the government.
- Increased use of renewable energy.
- Reduced carbon emissions.
- The household must be an Indian citizen.
- The household must own a house with a roofthat is suitable for installing solar panels.
- The household must have a valid electricity connection.
- The household must not have availed any other subsidyfor solar panels.
- Under the scheme, DISCOMs are designated as State Implementation Agencies (SIAs) responsible for facilitating various measures, including net meter availability, timely inspection, and commissioning of installations.
- DISCOMs will receive incentives based on their achievement in the installation of additional grid-connected rooftop solar capacity beyond a baseline level.
- The total financial outlay for the ‘Incentives to DISCOMs’ component is Rs 4,950 crore.
