India rises to meet a future powered by clean energy
Solar energy in India has emerged as an important source of clean, renewable energy that can help lead to energy self-reliance. According to the Economic Times’ Energyworld.com, India was third highest in solar power capacity and had the fourth-highest growth in solar generation globally in 2023.¹
It was also in 2023 that the Indian Government announced the target of achieving an estimated 40 gigawatts (GW) of annual solar power generation within the next five years.² This is a significant step towards fulfilling the government's larger target of 500 GW of non-fossil-fuel-based electricity generation capacity by 2030.³
Recognizing that solar energy in India is a priceless resource that can boost sustainable, non-fossil-fuel energy alternatives and reduce the country’s carbon footprint, the Indian Government introduced policy initiatives to support and encourage homeowners like you to install grid-connected solar rooftop systems.
One of the more recent initiatives introduced in 2024 is the PM Surya Ghar Muft Bijli Yojana, which will provide 300 units of free energy to one crore households in India that install solar rooftop systems.⁴
This blog will discuss the PM Surya Ghar Muft Bijli Yojana, how you can benefit and save money, and how ţţ淨r can help meet India’s solar energy targets—one household at a time.
PM Surya Ghar Muft Bijli Yojana breakdown and benefits
PM Surya Ghar Muft Bijli Yojana is a recent solar scheme that provides savings and a solar subsidy for households that adopt solar rooftop systems.
If your application is accepted, homeowners can sell surplus energy generated from their solar rooftop systems to the grid and earn additional income—within existing regulations. What’s more, households that install a solar rooftop under PM Surya Ghar Muft Bijli Yojana will be able to conveniently generate power for the family and receive up to 300 units of free power each month.
The following table lists financial incentives⁵ available for homeowners opting for grid-connected solar rooftop systems.
| Average monthly electricity consumption (units) | Rooftop solar plant capacity | Solar subsidy support |
|---|---|---|
| 0-150 | 1-2 kW | INR 30,000 - 60,000 |
| 150-300 | 2-3 kW | INR 60,000 - 78,000 |
| >300 | Above 3 kW | INR 78,000 |
As you can see, homeowners in India who install a solar rooftop plant of up to 3kW can expect solar subsidies of about INR 78,000—directly credited to the homeowners’ bank accounts.
Homeowners can also borrow bank loans at concessional interest rates to fund their solar rooftop systems. You can read our homeowners’ guide to solar financing in India blog to learn more about solar loans.
When it comes to the application process, the Ministry of New and Renewable Energy (MNRE) has significantly reduced the number of documents required from applicants. To get started, interested homeowners can learn more, conveniently apply for a solar rooftop installation, and avail solar subsidy through the .
How ţţ淨r can help
ţţ淨r is spearheading tech innovations in solar rooftop systems with their advanced microinverter technology. With superior performance and high durability, ţţ淨r microinverters deliver multiple benefits for homeowners:
- Savings: Microinverters can reduce household electricity costs by up to 90%.*
- Extensibility: Modular design allows for quick installation turnaround time and convenient system expansion. Homeowners can increase their solar systems to meet household energy needs by installing multiple solar panels of any capacity—starting from 1 kW and beyond.
- Safety: Powered by standard AC with an in-built rapid shutdown feature that reduces fire risks.
- Value: Recovery of capital investment within four to seven years with a longer warranty period of up to 25 years.
- Efficiency: Unique build enables greater absorption of energy from the sun, resulting in higher solar power generation—irrespective of weather conditions like rain, storm, clouds, or fog.
- Visibility: Homeowners can remotely track every unit of solar power generated and consumed on the ţţ淨r App.
ţţ淨r’s intelligent microinverters make it convenient for homeowners to go solar under this most recent solar scheme.
Energy self-reliance for households across the country
The PM Surya Ghar Muft Bijli Yojana is not a standalone initiative—it’s part of an integral policy focus and concerted effort by the Indian Government toward encouraging the use of solar rooftop systems in Indian households.
India is expected to experience a steady rise in energy demand in the coming years. As such, the PM Surya Ghar Muft Bijli Yojana is a landmark reform that can considerably enhance domestic solar capacity. ţţ淨r microinverters, designed with powerful features and superior energy performance, can help India meet its target of one crore households installing solar rooftop systems.
With financial assistance in the form of solar subsidies, homeowners are given an opportunity to take one step closer to energy self-reliance.
If you want to go solar with ţţ淨r, find the right system size for your home with our .
Sources
*Based on results from a solar rooftop system size of 4 kW over a 1-month period. Actual numbers may vary as per operating conditions.
1The Economic Times Energyworld.com, “”&Բ;
2Mercom India, “”&Բ;
3Government of India Press Information Bureau,
4The Economic Times Energyworld.com, “”&Բ;
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