Loom Solar : PM Surya Ghar Yojana : Rs. 78,000 Government Subsidy for free electricity
If I told you that your monthly electricity bill could become zero, because the government is offering up to 78,000 in subsidy? It may sound like an advertisement offer but it is actually true. Millions of people are taking advantages from this scheme but most of people still don’t know about this scheme. A solar loan can help you saving of money. If you wondered how to reduce electricity bills and how to make your rooftop work for you then solar installing is best option.
What is PM Surya Ghar Yojana is?
First of all we understand what is the PM Surya Ghar Yojana is? Government is encouraging more thousand people to adopt solar energy. PM Surya Muft Bijli Yojana launched. Under this scheme of Muft Bijli Yojana a subsidy for installing solar panels on rooftops and its installation cost is covered by the government. Now there is one big question is that how much we get susbsidy? If you want to install 1- kilowatt solar system then you will receive 30,000 and if you want to install 2 kilowatt solar system then subsidy will increases and systems of 3 kilowatt approximately 78,000. Biggest question is that scheme is attracting so much attention.
Where Solar Loans come into picture?
Many banks and financial institutions now offer loans for solar installations. Government give you subsidy for 1 lakh to 1.5 lakhs don’t need to pay attention. You can install solar system and pay the remaining amount through easy EMIs. Paying on electricity bill reduce every month and on the other side that same amount can go towards EMI. Many people think that solar is not an expense but it is an investment.
Suppose if your monthly electricity bill is between 2,500 and 3,000. If you install solar system on rooftop your electricity bill could reduce. In some cases It may even solar system depending on your energy consumption and system capacity. In come cases your electricity bill close to be zero and energy consumption depends on system capacity . You can save thousands of Rupees every month. Many people consider that solar energy is the future but they make mistakes.
Don’t you decide solar installation just because of the subsidy. Things to remind in mind before installation are
- heck that you rooftop has enogh space
- Then check how much sunlight it receives
- What quality of panels and inverters are want to be used?
- Installations with quality of installation company which is long term performance.
Most of people focus on installation costs but smart homeowners focus on something. If rising bill become a burden then you should focus on expense in the future bills and PM Surya Ghar Yojana and solar loan
Conclusion
So at the end of the topic – the question is that do you want to keep paying higher electricity bills after years you would invest with PM Surya Ghar Yojana, government subsidy of upto78,000 and easy solar loans become much more accessible. Next 10 to 25 years Your Bills almost zero. What would be your first saving in every month after solar installation told be in comment box and i would be happy to read your answers and thanks for reading this blog. Take care and stay informed and mentally free of hight paying bills.