Bihar Solar Panel Subsidy: In Bihar, there is a growing emphasis on installing solar panels to reduce household electricity bills. In addition to the subsidy provided under the central government’s PM Surya Ghar Yojana, the state government is now also providing financial assistance. Consequently, installing solar panels on your rooftop can be significantly cheaper than before.
Subsidy of up to ₹98,000 on 3 kW solar panels
If a person installs a 3 kW solar panel on their home, they can receive a maximum subsidy of up to ₹98,000.
This includes a maximum subsidy of ₹78,000 from the central government. The state government has announced an additional subsidy of ₹20,000.
Cost reduced from ₹2.10 lakh to ₹1.12 lakh
Installing a 3 kW solar panel costs approximately ₹2.10 lakh. If the beneficiary receives the full ₹98,000 subsidy, their actual cost will be reduced to approximately ₹1.12 lakh. This means the initial investment will be reduced and there can be significant savings on your electricity bill in the future.
350 to 400 units of electricity from 3 kW solar
According to solar vendors and electrical engineers, a 3 kW solar panel can generate approximately 350 to 400 units of electricity per month. This can meet a significant portion of a household’s electricity needs. Consequently, the monthly electricity bill will be significantly reduced.
Which solar panels are required for the subsidy?
To benefit from the scheme, it is mandatory to install on-grid solar panels at home. Off-grid systems do not receive government subsidies. Hybrid solar systems are also eligible for subsidies, although they cost more.
Why is on-grid solar beneficial?
According to officials, on-grid solar systems do not pose many load problems: the solar system and the electricity meter work in coordination.
This allows for optimal home power consumption. Even in the event of excess power, the system accounts for it in the electricity meter.
Costs Increase with Hybrid Solar
Hybrid solar systems cost more than on-grid systems. This includes the cost of batteries and inverters.
The total cost of such systems can exceed ₹3 lakh. This is why on-grid systems are considered a more economical option for reducing electricity bills within a tight budget.
Continuous Monitoring in Districts
To ensure the rapid implementation of the PM Surya Ghar Yojana, publicity is being carried out across all districts of Bihar. District officials are monitoring the progress of the scheme.
Continuous meetings are also being held with the electricity department, solar vendors, and bank officials. Officials are being asked for daily progress reports. The aim is to ensure that the scheme reaches as many households as possible.
