What Are Solar Subsidies?
Solar subsidies are financial benefits provided by the government to help solar panel consumers reduce the burden of initial installation costs. In India, PM Surya Ghar Muft Bijli Yojana is a solar subsidy scheme that has transformed how consumers perceive the adoption of alternative energy sources.
The government solar scheme offers subsidies ranging from ₹30,000 to ₹78,000, depending on the system size, helping reduce the financial burden of going solar.
As of now, only individual consumers and housing societies are benefiting from the scheme. This revolutionary change has led over 1 crore people across India to register and benefit from it, transforming how renewable energy sources are perceived.