Solar Panel Policy: Good news for very common people. If you’re considering installing solar panels to cut down on your electricity costs but find the expense prohibitive, this update is crucial for you. The Delhi government is gearing up to unveil a fresh solar policy aimed at easing the financial burden for individuals looking to set up solar panels.
Is there any progress on the government’s initiative?
The Delhi government is actively developing a scheme to minimize the upfront costs associated with installing solar panels, making it feasible for all Delhi residents to have solar panels on their rooftops and reduce their electricity bills.
Will there be penalties for changing lanes on the expressway connected to Delhi?
The Power Minister of Delhi, Ashish Sood, stated that the government is diligently crafting a new policy to expedite the adoption of solar panels by households, allowing residents to lower their electricity expenses promptly. The government is striving to ensure that individuals can benefit from this new program, cutting down on their initial solar panel installation expenses.
Currently, the central and Delhi governments provide subsidies for solar installations, but even then, people have to spend thousands of rupees themselves. This is why the benefits of the scheme haven’t reached the intended audience. The government is now preparing to amend the rules to reduce this initial cost. A proposal for changes to the solar policy has been prepared and is expected to be presented to the Cabinet for approval soon.
What are the key points of the new solar policy?
The new solar policy includes a promotion of the RESCO (Renewable Energy Service Company) model, offering various advantages such as:
Responsibility for solar panel installation lies with the company.
The company is accountable for both installing and maintaining the solar panels.
Consumers will exclusively use electricity generated by solar power.
This will reduce the initial costs for people installing solar panels.
Will there be subsidies available for solar panel installation?
In addition, the government is working on providing upfront subsidies under the new solar policy, making it more affordable for individuals to install solar panels on their rooftops. This will enable more individuals to benefit from having solar panels on their roofs.