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PM Surya Ghar Muft Bijli Yojana First Anniversary: How to Apply for Solar Panel​ in India?

Written by: Sachin GuptaUpdated on: Feb 13, 2025, 1:03 PM IST
PM Surya Ghar Muft Bijli Yojana has already benefited 8,46,000 households through rooftop solar installations as of January 27, 2025.
PM Surya Ghar Muft Bijli Yojana First Anniversary: How to Apply for Solar Panel​ in India?
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Feb 13, 2025, marks the one-year anniversary of PM Surya Ghar: Muft Bijli Yojana (PMSGMBY). A year back, Prime Minister Narendra Modi launched this yojana to provide free electricity by facilitating the installation of rooftop solar panels. The scheme makes renewable energy more accessible and affordable by offering subsidies of up to 40% on rooftop solar installations.

As the world’s largest domestic rooftop solar program, PMSGMBY is transforming India’s energy landscape, with an ambitious plan to provide solar power to 10 million households by March 2027. Let’s look at how you can get free electricity by installing solar panels through this Yojana.

How to Apply for Subsidy under PM Surya Ghar Muft Bijli Yojana?

You can follow the below steps to apply for PM Surya Ghar Muft Bijli Yojana:

Step 1: Visit the official website

Step 2: Provide personal details for registration

Step 3: Now, login with consumer number and mobile number

Step 4: Apply for the rooftop solar as per form

Step 5:  Fill the online application form

Step 6: Now, you need to wait for DISCOM approval and install plant with a registered vendor

Step 7: After installation is finished, you need to submit plant details and apply for net meter

Step 8: Post net meter installation and DISCOM inspection, obtain the commissioning certificate from the portal

Step 9: Submit bank details and a cancelled cheque, receive subsidy within 30 days

Achievement of PM Surya Ghar Muft Bijli Yojana

As per the government data, the scheme has already benefited 8,46,000 households through rooftop solar installations as of January 27, 2025. This rapid adoption is reflected in the tenfold increase in monthly installations, now averaging around 70,000 per month, far exceeding pre-scheme figures.

To date, ₹4,308.66 crore has been allocated as Central Financial Assistance (CFA) to 5,54,000 residential consumers, with an average subsidy of ₹77,800 per household. Additionally, approximately 45% of beneficiaries are now receiving zero electricity bills, depending on their solar power generation and consumption patterns.

Key Benefits of PM Surya Ghar Muft Bijli Yojana

  • Free Electricity for Households: The scheme provides households with free electricity by subsidising rooftop solar panel installations, significantly lowering their energy bills.
  • Reduced Government Electricity Costs: By encouraging widespread use of solar power, the scheme is expected to save the government an estimated ₹75,000 crore annually in electricity expenses.
  • Increased Renewable Energy Use: The initiative promotes the adoption of renewable energy sources, contributing to a greener and more sustainable energy mix in India.
  • Lower Carbon Emissions: The transition to solar energy through this scheme will help reduce carbon emissions, supporting India’s goals for a lower carbon footprint.
  • Collateral-Free Loans: Households can also access collateral-free, low-interest loans with an interest rate of around 7% for the installation of rooftop solar systems up to 3 kW.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Published on: Feb 13, 2025, 1:03 PM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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