Key Details of PM Suryodaya Yojana:

Who Started It? Prime Minister Narendra Modi

Goal? To reduce power bills for everyone

Who Can Benefit? People with low to medium income

How to Apply? Online application launched on January 22, 2024, on https://solarrooftop.gov.in/

Why should you know about PM Suryodaya Yojana?

If you worry about your electricity bills, this plan might help you. The government wants to lower household electricity costs by giving subsidies for installing solar panels. They aim to install these panels in one crore homes across the country in the coming years.

How to Apply for PM Suryodaya Yojana:

Step 1:

• Register in the portal with the following:
• Select your State
• Select your Electricity Distribution Company
• Enter your Electricity Consumer Number
• Enter Mobile Number
• Enter Email
• Please follow as per the direction from the portal

Step 2:

• Login with Consumer Number & Mobile Number
• Apply for the Rooftop Solar as per the form

Step 3:

Wait for the feasibility approval from DISCOM. Once you get the feasibility approval install the plant by any of the registered vendors in your DISCOM

Step 4:

Once installation is over, submit the plant details and apply for net meter

Step 5:

After installation of net meter and inspection by DISCOM, they will generate commissioning certificate from portal

Step 6:

Once you got the commissioning report submit bank account details and a cancelled cheque through the portal. Subsidy will come your account within 30 working days

Suryodaya Scheme Eligibility Criteria:

• Residential Status: You must be Indian.
• Income Criteria: Specific rules may apply to ensure the plan benefits those who need it.
• Property Ownership: You should own the property where solar panels will be installed.
• Previous Beneficiaries: Those who haven’t benefited from similar government solar projects may get preference.

Benefits of PM Suryodaya Yojana:

1. Lower Electricity Rates: Bills will be reduced for poor and middle-class citizens.
2. Energy Self-sufficiency: By using solar panels, India can rely less on traditional power sources.
3. 24-Hour Power Supply: Rooftop solar panels provide constant power to homes.
4. Financial Relief: People can save money that would otherwise be spent on power bills.
5. Self-Reliance: The plan makes people independent in using energy without worrying about bills.

Documents Needed for Registration:

• Aadhar Card
• Income certificates
• Domicile Certificate
• Mobile Number
• Electricity bill or bank passbook
• Passport-sized photo
• Ration card

PM Suryodaya Yojana is a great opportunity for everyone to have affordable and sustainable electricity. If you qualify, don’t miss the chance to apply and enjoy the benefits!

How Much Electricity Can Be Generated By Installing Solar Panels?

Installing solar panels can generate significant electricity for residential usage. A typical 3 kW solar rooftop system for a household can generate 4-6 units per kW per day on average, depending on location. This translates to around 12-18 units generated per day and 1500 to 2500 units generated annually from a 3 kW system. The electricity generated by solar panels can meet 40-60% of the power needs of a regular household. With higher-capacity installations, solar panels can take care of even larger portions of household electricity consumption through clean, renewable energy.

Subsidy Received So Far On Solar Panels under PM Suryoday Yojana

The Indian government has launched an initiative under the Rooftop Solar Program Phase 2 to make solar energy more accessible and affordable for homeowners and housing societies. To reduce the financial burden of installation, subsidies ranging from Rs. 9,000 to Rs. 18,000 per kW are available for rooftop solar systems up to 10 kW. This move is aimed at encouraging the adoption of renewable energy sources, thereby contributing to the country’s energy sustainability goals.

The concept focuses mostly on single-family houses. Eligibility for other types of dwellings may be determined later.

PM Suryoday Yojana: How to save Rs 15,000 annually

Under this scheme, even if the beneficiaries pay the loan instalment every month from the savings in electricity bills, they will still save money.

For example, if a consumer consuming 300 units of electricity installs a 3 kW rooftop solar plant, they will get the entire electricity free, and will not have to pay the electricity bill of around Rs 1875 every month.

Out of this savings, even after paying an EMI of about Rs 610, an amount of about Rs 1265 will be left, that is, more than Rs 15,000 will be saved every year.

PM Suryoday Yojana: RWAs to be given subsidy

RWA/Group Housing Societies will also be given a subsidy of Rs 18,000 per KW for rooftop solar plants up to 500 KW for common area lighting, EV charging, etc.

PM Suryoday Yojana: Saliant Features

• Rooftop solar panels will be installed on 1 crore houses
• 300 units of free electricity will be given
• 60 per cent subsidy will be available up to 2 kilowatts
• Loans for rooftop solar will be available at affordable interest rates
• For this, only 0.5 per cent interest rate will be kept above the repo rate
• A subsidy of Rs 18000 per kilowatt for 500 kilowatts will be available for EV and housing society.

For applying to install solar rooftop free of cost on your house, please contact Grameen Vikas Sansthan, New Delhi by sending an Email to- [email protected] or www.grameenvikassansthan.com