Imagine slashing your electricity bill or even getting free electricity every month! That’s the promise of the PM Surya Har Ghar Muft Bijli Yojana (PM-SGBMY), a game-changer for Indian households. Launched in February 2024, this scheme is putting the power of affordable electricity in the hands of the people, literally. It has partnered with some of the best Solar Plant Installation companies namely BENSUN, to make the campaign more feasible. Let’s dive into how PM-SGBMY makes electricity more accessible.
Sunshine on Your Bills with the Best Solar Plant Installation
The heart of the scheme lies in rooftop solar panels. By installing these panels on your house, you can harness the sun’s energy to generate your electricity. This reduces your dependence on the traditional grid, leading to significant savings on your electricity bills.
Free Power Potential:
PM-SGBMY offers a subsidy of up to 40% on the cost of installing solar panels. This makes the initial investment much more manageable. Additionally, the scheme targets providing up to 300 units of free electricity every month. So, if your solar panel system generates enough power to meet your needs, you could potentially eliminate your electricity bill!
Long-Term Savings:
Solar panels have a lifespan of 25 years or more. Once the initial investment is paid off, you’ll enjoy years of free or significantly reduced electricity bills. This translates to substantial savings over the long run. Some of the best solar plant installers like BENSUN provided feasible payment policies like the CAPEC and OPEC.
Beyond the Bill:
The affordability benefits extend beyond just your monthly bill. By relying less on the grid, you’re helping to reduce the overall electricity demand. This can lead to lower electricity prices for everyone in the long run.
Is PM-SGBMY Right for You?
The scheme targets 1 crore households across India. To be eligible, you’ll need to have a suitable rooftop space for the solar panels and meet any other criteria set by the government.
Making the Switch:
With government subsidy and readily available information online and through government channels, installing solar panels has become easier than ever. The scheme also promotes net metering, where any excess electricity you generate can be sold back to the grid, earning you additional income.
A Brighter Future:
PM-SGBMY is not just about saving money, it’s about empowering citizens and promoting sustainable energy practices. By harnessing the power of the sun, we can create a brighter future with cleaner energy and more affordable electricity for all. From the above blog, you might have some questions coming up to your mind, we have tried to answer them with our FAQs.
- How long will it take to install?
Installation timelines can vary depending on the complexity of your system and workload of installers in your area. Typically, it takes [X weeks/months] after the feasibility approval.
- Feasibility test waiting?
This means technicians are assessing your rooftop suitability for solar panel installation. It ensures optimal sunlight reception and structural integrity. Approval is needed before proceeding.
- What PV modules are offered?
PM-SGBMY partners with various approved vendors. Specific options may vary by region. Contact your chosen vendor for details on available PV modules.
- Installing Bifacial/Topcon panels?
While PM-SGBMY promotes high-efficiency panels, specific options depend on vendor offerings and government program compatibility. Check with your chosen vendor to see if Bifacial or Topcon panels are included in the subsidized options.
- Is the GST extra?
Yes, GST (Goods and Service Tax) is typically added to the cost of the solar panel system after the government subsidy is applied. Be sure to factor this into your overall budget discussions with the vendor.
