We all know that solar energy is free and clean energy that minimises our reliance
on natural resources like water and coal. The government intends to put solar electricity in every household, with each roof producing self-energy. The government
provides financial assistance for the installation of solar panels in residential houses.
India set a target of installing 40GW of solar panels on residential structures by 2022, but it has only installed 5GW as of now. The Indian government has set a target of 280GW of solar panels by 2030, which means that 10GW should be installed each year. The government has launched new initiatives to encourage the installation of solar panels at homes, such as allowing any customer to have solar panels installed by any solar dealer / distributor / company, installers, and after installation, they will send a photo of the solar panel installation to the nearest electricity board.
Residential homes (individual homes and large apartments) are eligible for the subsidy, but not commercial or industrial properties. Only Grid Connected Solar Systems are eligible for a solar subsidy (Without Battery System), Solar Power System, Solar Rooftop System with Subsidy. Because installing a solar system is a large expenditure, financial aid encourages people to invest and relieves some of the load from their shoulders. Saicab provides assistance in solar rooftop system with subsidy which ultimately benefits the household owner.
