Delhi Solar Rooftop Policy 2024: Under the Delhi Solar Policy 2024, homeowners have the opportunity to install rooftop solar panels and receive a range of benefits. This includes a capital subsidy, a monthly income through the generation-based incentive (GBI), and significant savings on their power costs. To avail of these financial incentives, individuals can make use of the National Portal for Rooftop Solar and follow the application procedure. The policy also introduces innovative strategies such as peer-to-peer trading and community solar for more efficient deployment of solar energy. In this article, we will be discussing more about the Delhi Solar Rooftop Policy for 2024, how much the expected income is, how to apply for this policy, and much more that you must know.
The Delhi government has introduced a scheme to promote the use of solar power among residential users. Under this scheme, residential users can avail of a capital subsidy of Rs 2,000 per kW in addition to the subsidy provided by the federal government. Moreover, they can also expect a monthly revenue of Rs 700–900 through the GBI initiative. Not only that, but the government has also extended this program to include commercial and industrial users. These users will receive a subsidy of one rupee for every unit of solar electricity generated for a period of five years. The aim behind this initiative is to encourage the adoption of solar power and reduce dependence on traditional energy sources, ultimately bringing financial benefits to customers.
We’ll focus on the GBI and the incentives offered to commercial and industrial users. The GBI offers a monthly payout ranging from Rs 700 to Rs 900 for residential customers, which is definitely worth considering. On top of that, commercial and industrial clients can enjoy a subsidy of one rupee per unit of solar electricity generated for a period of five years. This is quite a lucrative offer! Below is the overview table that will give you a brief understanding of the Delhi Solar Rooftop Policy 2024 and other details that you might be eager to know, and hence, we recommend that you read this article carefully and fully to understand the policy concept.
Delhi Solar Rooftop Yojana 2024 – Overview
Policy Name | Delhi Solar Rooftop Policy |
Policy Year | 2024 |
Place | Delhi |
Purpose | Install Solar Panels on Rooftops and Earn Monthly Income via GBI |
Aim | Meet 20% of Power Demand via Solar by 2027 |
Incentive Name | Generation Based Incentive (GBI) |
Monthly Income | 700-900 INR (Residents) |
Residents Subsidy Amount (Installation) | 2000 – 10,000 INR |
Capital Subsidy | 2000 INR per kW (Residents) |
GBI For | Commercial and Industrial Consumers |
GBI (per unit) | 1 INR per unit |
GBI Duration | 5 years |
GBI Eligible Generation | 1500 kWh per kWp (Annually) |
Eligible Generation Based on | Grid Tariffs and Adoption Rates |
Official Website | https://www.solarrooftop.gov.in/ |
The GBI program sets a cap on the maximum generation per kWp each year at 1,500 kWh. However, this limit can be adjusted based on factors such as grid pricing and the rate of adoption. For more information, just continue reading this article, or if you wish to know more about the policy, you can also locate it on the Google Search Engine by typing the exact keywords on the Delhi Solar Rooftop Policy 2024. It’s an interesting topic, and hence we recommend you read this article fully for better understanding.
Delhi Solar Rooftop Policy 2024 – How to Apply for Subsidy?
Following are the steps that you need to know and follow to apply for the subsidy of the solar panel that will be installed on every resident’s rooftop in their homes:
- First of all, you must open any internet browser and visit the official website of the Rooftop Solar National website, which is mentioned in the overview table of this article.
- After that, you need to register with a few details on the website and then fill out the application form.
- After that, you need to click on the “Submit” button to submit and complete the application procedure.
- Finally, the Delhi government will upload a list of vendors who are registered on the website that we mentioned.
- You can easily download the list in PDF format and can also take a printout of it if required.
- After approval, the subsidy amount will be directly transferred to the applicant’s bank account.
Talking about these options, the eligible candidates can contribute to harnessing solar energy by availing a solar panel grant in Delhi.
Delhi Solar Rooftop Policy 2024 – Expected Subsidy Income
Solar panel revenue projections encompass various incentives, such as the GBI, tailored for business and industrial users. For home users, the GBI can generate a monthly income ranging from 700 to 900 rupees. Additionally, there exists a five-year incentive program specifically designed for businesses and industries, wherein they receive one rupee for each unit of solar electricity generated.
Delhi Solar Rooftop Policy 2024 – About Solar Energy
Solar energy, derived from the sun’s rays, is a sustainable form of power. Delhi, with its abundant sunshine (more than 300 days a year), is an ideal location for solar energy production. The government of Delhi has set an ambitious target of generating one gigawatt, or 1000 MW, of solar energy by 2025 as part of its Solar Energy Policy. This policy aims to promote the use of solar power plants.
To encourage the installation of solar panels on rooftops, the program offers various incentives and subsidies, such as the Generation-Based Incentive (GBI), which provides a monthly income and a capital subsidy. These incentives present an opportunity to significantly reduce power costs.
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Frequently Asked Questions – Delhi Solar Rooftop Policy 2024
The name of the policy that is initiated by the Delhi government is the Delhi Solar Rooftop Policy.
The purpose of the Daelhi Solar Rooftop Policy is to install solar panels on residents’ rooftops and earn monthly income through the GBI method.
The full form of GBI is Generation-Based Incentive.
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