Introduction
Delhi has always been at the forefront of adopting innovative measures for a sustainable future, and the latest announcement by Chief Minister Arvind Kejriwal on the Delhi Solar Policy 2024 is a testament to this commitment. Aimed at revolutionizing the way Delhi homeowners consume electricity, this policy is set to make solar energy not just an option but a norm for households across the national capital.
Zero-Cost Bills and Lucrative Incentives
The Delhi government has introduced an ambitious policy that aims to transform the urban landscape into a greener and more energy-efficient one. The Delhi Rooftop Solar Policy 2024 is designed to encourage homeowners and businesses alike to invest in solar energy by providing substantial financial benefits and making the transition smoother and more affordable.
Unprecedented Subsidies and Incentives: New Subsidy Offering
Under the new policy, Delhi residents can avail themselves of an enticing subsidy of Rs 2,000 per kW, with a maximum benefit of up to Rs 10,000. This subsidy is in addition to the central subsidy of up to Rs 1.17 lakhs, significantly reducing the initial investment required for solar panel installation .
Solar Generation Based Incentive
The policy doesn't stop at installation subsidies. It further rewards solar energy generation with a Solar Generation Based Incentive, offering:
Rs 3 per unit for energy generation up to 3 kW
Rs 2 per unit for energy generation from 3 kW to 10 kWp
Delhi 2024 Solar Policy Highlights
System Size Consumer Cotegory Central Subsidy Delhi Subsidy Total Subsidy Generation Based Incentive (GBI) Upto 3kW Domestic Rs 18,000 kWp Rs 2,000 kWp Rs 20,000 kWp Rs 3/Unit Upto 3kW Domestic Rs 9,000 kWp Rs 2,000 kWp Rs 11,000 kWp Rs 2/Unit First 200 MW Commericial/ Indrutrial NA NA NA Rs 1/Unit
Applicable on grid-connect systems with Net-metering.
Delhi Subsidy has a cap of Rs 10,000 per system.
Rs 1/Unit GBI for commercial and Indrutrial consumer is only for the first 200MW
These incentives ensure that the benefits of installing solar panels extend well beyond the initial investment, providing ongoing financial returns to the users.
Important factors of Delhi 2024 Solar Policy
For every unit of solar energy generated, consumers will get Rs 3/unit (upto 3kW) and Rs 2/unit (for 3 to 10kW ).
The amount calculated for GBI shall be adjusted in the monthly electricity bill of the consumer
And any excess amount shall be directly deposited into consumer's bank account every month by the respective DISCOM
For the first time, Solar GBI (Generation Based Incentive) has been introduced for commercial and industrial connections. Now commercial and industrial consumers can avail of Rs 1/unit of GBI. However, this is on a first-come-first-serve basis for the first 200MW of installations in Delhi.
MYSUN: Your Trusted Solar Partner
At MYSUN, we are excited about the possibilities that the Delhi Solar Policy 2024 brings to our community. We are here to help you navigate through the policy benefits, subsidies, and the entire process of installing a rooftop solar system . Our expertise ensures that your transition to solar is seamless, rewarding, and aligned with the policy's objectives.
Triple Joy Offer: Last Chance to Save Big!
To celebrate the launch of the Delhi Rooftop Solar Policy 2024, MYSUN is offering an exclusive Triple Joy Offer for the last two days. This limited-time offer includes a significant price drop of approximately Rs 1 lakh and zero-cost financing options, making it the perfect time to embark on your solar journey.
Don't miss this opportunity to transform your home or business with solar energy. Contact MYSUN today, and let us guide you through every step of your solar journey, from understanding the policy to installing and enjoying the benefits of your rooftop solar system.
Embrace the future of energy with Delhi Solar Policy 2024 and MYSUN. Together, let's light up our homes and city with the power of the sun.
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