Solar Finance & Policy Guide

1. The PM Surya Ghar Muft Bijli Yojana

This is the Government of India's flagship program to make rooftop solar affordable for everyone. It provides a large, one-time subsidy—called Central Financial Assistance (CFA)—that is paid directly to your bank account after installation.

How Much Subsidy Can You Get?

The subsidy is tiered based on the size of your system (kWp):

• For systems up to 2 kW: ₹30,000 per kW
• For the 3rd kW: An additional ₹18,000
• For systems above 3 kW: The subsidy is capped at a total of **₹78,000**.

Who is Eligible?

You are eligible for the subsidy if you meet these main criteria:

• You must be an Indian citizen.
• You must own a residential house with a suitable roof (an apartment owner can also apply).
• Your home must have a valid electricity connection.
• You must not have taken any other solar subsidy in the past.

How We Help You Get the Subsidy

The application process happens on the national portal (`pmsuryaghar.gov.in`). As your approved installation vendor, **we handle this entire process for you.**

1. Registration: We register your application on the portal.
2. Feasibility Approval: We submit your technical details to your DISCOM (like APDCL) and get approval.
3. Installation: We install your solar plant as per government standards.
4. Net Metering: We submit the work completion report and coordinate with the DISCOM for your net meter installation.
5. Subsidy: Once commissioned, you receive the subsidy amount directly in your bank account within 30 days.

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2. Net Metering: Your "Solar Bank Account"

Net Metering is the billing mechanism that lets you get paid for the extra electricity you produce. Think of the grid as a giant battery: you store your excess power in it during the day and pull that power back at night.

How it Works: Import vs. Export

Your old meter is replaced with a **Net Meter**. This new meter records electricity in two directions:

• IMPORT (kWh): The power you *pull from* the grid (e.g., at night, during heavy rain).
• EXPORT (kWh): The excess solar power you *push to* the grid (e.g., on a sunny afternoon).

How Your Monthly Bill is Calculated

At the end of the month, the electricity company calculates your net usage:

Your Final Bill = (Total Units IMPORTED - Total Units EXPORTED) x Your Tariff

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3. Financing: How to Pay for Your System

Even with a subsidy, the upfront cost is a major consideration. The good news is you almost never have to pay this all at once. A solar loan makes it possible to start saving from Day 1.

The Smartest Financial Move: EMI vs. Savings

This is the simple idea that makes solar a "no-brainer" investment. For most people, **your monthly loan EMI will be less than your current monthly electricity bill.**

You are not adding a new expense; you are simply *replacing* your high, unpredictable electricity bill with a lower, fixed EMI payment.

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