India has earned the title of being the fastest developing solar power industry in the world. It is known for being the lowest cost producer of solar power in the world.
In all probability, all your household appliances and gadgets run on the electricity. We get that from the state-run electricity grid wouldn’t it be wonderful if you could get solar subsidy for your residential purpose where you can enjoy the solar power with reduced cost.
The Central Government and State Nodal Agencies offers subsidy schemes to the people for installing rooftop PV systems. It encourages people to exploit renewable energy and reduce their electricity bill. The cost of installation of a rooftop PV system is high, and it is inexpensive in the long run when compared to electric generators. Once the rooftop PV system is installed, they don’t need any other expenses as they use solar energy instead of fossil fuels.
The Ministry of New and Renewable Energy, Government of India, also known as MNRE in principle, accorded sanction of 10 MW capacity each to BRPL, BYPL and TPDDL. For the promotion of grid-connected rooftop solar PV projects in the Residential sector and IPGCL which have designated as anchor agency and DISCOM as implementing agency.
It reduces fossil fuel-based electricity, making buildings self-sustainable from the point of electricity. The scheme with aggregate capacity of10MWp within each Power Distribution company in the NCT of Delhi ensures the installation of grid-connected to roof top solar PV projects on the roofs of Residential, RWA/GHS and the subsidy is available broadly in categories.