The Indian government, under the leadership of the Prime Minister, has launched an exciting initiative that aims to bring down electricity bills to zero for domestic consumers by installing rooftop solar power systems. This program is not just about saving money on electricity; it’s about generating clean energy and even earning an income by selling surplus power back to the Maharashtra State Electricity Distribution Company Limited(MSEDCL)
Benefits of Installing Rooftop Solar
Subsidies for Residential Consumers
Loan Availability and Benefits
Banks are also offering loans at reduced interest rates for installing solar power systems, making it easier for homeowners to make the switch. Given that the power generation capacity of these rooftop systems can last for up to 25 years, this is a long-term investment that pays off significantly over time.