Capital Subsidies: The PM Surya Ghar Muft Bijli Yojana is a government scheme that provides subsidies for installing solar panels on rooftops to help make electricity free for households in India. The subsidy amount depends on the capacity of the solar system, as follows: 1 kW: ₹ 30,000 2kW : ₹ 60,000 3 kW and above : ₹ 78,000

SCHEME BENEFITS: 300 units of free electricity every month Annual savings of INR.15,000 to INR.18,000  from solar electricity and selling excess power to distribution companies

Easy Return on Investment 3.5 Years Net Metering: Allows consumers to sell surplus electricity generated from their rooftop solar installations back to the grid.

Accelerated Depreciation (AD): Solar projects are eligible for accelerated depreciation, allowing businesses to claim up to 40% of the project cost as depreciation in the first year.

Viability Gap Funding (VGF): Support for solar projects to reduce capital costs and enhance project viability. GST Benefits: Reduced GST rates (5%) on solar panels and components.

Income Tax Benefits: Tax holidays for solar power projects under Section 80-IA for 10 years.

Financing Options: Collateral-free, low-interest loans at around 7% are available for system installation​