What is the subsidy scheme for solar rooftop systems?
Due to increased demand for electricity, the power sector and power producing companies are experiencing increased electricity production by means of renewable energy sources (RES) and distributed generation (DG). The major issue arises for a common man when their monthly bills pile up. One solution recommended by the government is to utilize solar energy as a substitute.
Solar energy saves money and serves all-purpose that electricity does. Solar rooftop systems are designed in a way that takes less space and is energy efficient. The government of India launched a solar rooftop subsidy scheme to promote solar rooftop systems installation in India. Visit the official website https://solarrooftop.gov.in/ to apply online.
The procedure for installing rooftop solar plants will begin with the registration of applications. After installation and inspection of the plant, which can be followed online at the national portal, the subsidy will be sent into residential consumers’ (beneficiaries’) bank accounts.
Rooftop PV system installation costs on average should be between Rs 60,000 and Rs 70,000 in order to qualify for subsidies. The consumer should produce between 1100 and 1500 kWh annually to qualify for all generation-based incentives.