Q1. What is the free solar panel scheme by Government of India?

Ans: It’s a government solar panel scheme that offers up to 40% subsidy for rooftop solar installations, aiming to provide free electricity to one crore households.

Q2. Who can apply for the solar panel scheme?

Ans: Indian citizens who own their house, have a valid electricity connection, and haven’t availed solar subsidy before.

Q3. How do I apply for the government solar scheme?

Ans: Register online at the official portal, fill out the application, get approval, install the system, and submit your bank details for the subsidy.

Q4. How much solar loan subsidy will I get?

Ans: Up to ₹78,000, depending on your system size and average monthly usage.

Q5. Can I get a solar rooftop loan if I need extra funds?

Ans: Yes, you can apply for a loan for solar rooftop for home from various banks and NBFCs to cover the balance after subsidy.

Q6. Do I need to use a government-approved vendor?

Ans: Yes, only empanelled vendors listed on the portal are eligible for subsidy.

Q7. How long does it take to get the subsidy?

Ans: Usually within 30 days after installation and inspection.

Q8. Can tenants apply for the scheme?

Ans: No, only property owners are eligible.

Free Solar Panel Scheme by Government of India

Hey there, I'm Anjali Singh. With over 6 years of experience in finance, I specialize in creating content on banking, loans, and financial planning. My goal is to simplify complex financial topics and help readers make informed decisions through my articles.

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Free Solar Panel Scheme by Government of India

Frequently Asked Questions

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