{"id":1278607,"date":"2024-02-05T07:49:18","date_gmt":"2024-02-05T02:19:18","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1278607"},"modified":"2024-02-05T08:00:19","modified_gmt":"2024-02-05T02:30:19","slug":"1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/","title":{"rendered":"1 Crore Households Will Get 300 Units Free Electricity By Selling Surplus Power Via Rooftop Solar Installations"},"content":{"rendered":"\n<p>The union budget 2023 presented a new flagship rooftop solar scheme called Pradhanmantri Suryoday Yojna targeting 10 million beneficiaries through increased subsidies, easier financing and surplus solar energy monetization incentives.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"465\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13.png\" alt=\"1 Crore Households Will Free Electricity Upto 300 Units Via Rooftop Solar Installations\" class=\"wp-image-1278614\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13.png 1000w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13-300x140.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13-768x357.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p>Households meeting eligibility norms can avail free electricity up to 300 units monthly alongside earning additional revenues selling excess generation to grids through net metering. This intends bridging persisting adoption gaps plaguing past national programs.<\/p>\n\n\n\n<p><strong>60 Lakh Annual Savings Per Home<\/strong><\/p>\n\n\n\n<p>Citing budget documents, Finance Minister Nirmala Sitharaman stated enrolled homes could pocket annual savings between <a href=\"https:\/\/www.livemint.com\/industry\/energy\/budget-2024-rooftop-solar-scheme-to-provide-300-units-of-free-power-per-month-11706770009888.html\">Rs 15,000-18,000<\/a> through slashed bills and exports sale. This factors power costs inflation alongside persuasive economics given falling solar infrastructure costs.<\/p>\n\n\n\n<p>Central PSUs will drive rapid proliferation through state-level channels supported by budget outlays and over $15 billion in dedicated financing from lenders like REC. Past schemes struggled with under 15% achievement versus targets.<\/p>\n\n\n\n<p><strong>Beefed Up Incentives to Spur Household Adoption<\/strong><\/p>\n\n\n\n<p>Existing offerings also boosted returns for citizens by hiking CFA subsidies beyond \u20b910,000 per household recently. But more aggressive hand-holding is vital to spur adoption by budget home segments facing upfront investment barriers or unawareness around net gains.<\/p>\n\n\n\n<p>The latest model balances carrots like giveaways for users with sticks for distribution companies mandated procuring certain renewable mix. Their pooled financing at scale can enable competitive, standardized installation costs within mass reach.<\/p>\n\n\n\n<p><strong>Ensuring Grid Integration for Green Mission<\/strong><\/p>\n\n\n\n<p>By proactively integrating distribution firms into rooftop solar expansion having remained slow-paced so far, the government also addresses previous disconnects that prevented optimization of household generation capacities with grid capacities.<\/p>\n\n\n\n<p>The intended nationally aggregated impact remains powering the equivalent of several ultra mega solar parks cutting reliance on imported fossil fuels &#8211; in line with India&#8217;s ambitious 2030 emissions reduction commitments.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><a href=\"https:\/\/energy.economictimes.indiatimes.com\/news\/renewable\/opinion-rooftop-solar-a-boon-for-indias-energy-transition\/79739149\">Image Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The union budget 2023 presented a new flagship rooftop solar scheme called Pradhanmantri Suryoday Yojna targeting 10 million beneficiaries through increased subsidies, easier financing and surplus solar energy monetization incentives. Households meeting eligibility norms can avail free electricity up to 300 units monthly alongside earning additional revenues selling excess generation to grids through net metering. [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":1278614,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[4596],"class_list":["post-1278607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-solar-power"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>1 Crore Households Will Get 300 Units Free Electricity By Selling Surplus Power Via Rooftop Solar Installations - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"1 Crore Households Will Get 300 Units Free Electricity By Selling Surplus Power Via Rooftop Solar Installations - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"The union budget 2023 presented a new flagship rooftop solar scheme called Pradhanmantri Suryoday Yojna targeting 10 million beneficiaries through increased subsidies, easier financing and surplus solar energy monetization incentives. Households meeting eligibility norms can avail free electricity up to 300 units monthly alongside earning additional revenues selling excess generation to grids through net metering. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-05T02:19:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-05T02:30:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"465\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mohul Ghosh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohul Ghosh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/\",\"url\":\"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/\",\"name\":\"1 Crore Households Will Get 300 Units Free Electricity By Selling Surplus Power Via Rooftop Solar Installations - Trak.in - Indian Business of Tech, Mobile &amp; Startups\",\"isPartOf\":{\"@id\":\"https:\/\/trak.in\/stories\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13.png\",\"datePublished\":\"2024-02-05T02:19:18+00:00\",\"dateModified\":\"2024-02-05T02:30:19+00:00\",\"author\":{\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7\"},\"breadcrumb\":{\"@id\":\"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/#primaryimage\",\"url\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13.png\",\"contentUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13.png\",\"width\":1000,\"height\":465},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trak.in\/stories\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"1 Crore Households Will Get 300 Units Free Electricity By Selling Surplus Power Via Rooftop Solar Installations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trak.in\/stories\/#website\",\"url\":\"https:\/\/trak.in\/stories\/\",\"name\":\"Trak.in - Indian Business of Tech, Mobile &amp; Startups\",\"description\":\"Trak.in is a popular Indian Business, Technology, Mobile &amp; Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups &amp; Social Media Space\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trak.in\/stories\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7\",\"name\":\"Mohul Ghosh\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g\",\"caption\":\"Mohul Ghosh\"},\"url\":\"https:\/\/trak.in\/stories\/author\/mohul-ghosh\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"1 Crore Households Will Get 300 Units Free Electricity By Selling Surplus Power Via Rooftop Solar Installations - Trak.in - Indian Business of Tech, Mobile &amp; Startups","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/","og_locale":"en_US","og_type":"article","og_title":"1 Crore Households Will Get 300 Units Free Electricity By Selling Surplus Power Via Rooftop Solar Installations - Trak.in - Indian Business of Tech, Mobile &amp; Startups","og_description":"The union budget 2023 presented a new flagship rooftop solar scheme called Pradhanmantri Suryoday Yojna targeting 10 million beneficiaries through increased subsidies, easier financing and surplus solar energy monetization incentives. Households meeting eligibility norms can avail free electricity up to 300 units monthly alongside earning additional revenues selling excess generation to grids through net metering. [&hellip;]","og_url":"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/","og_site_name":"Trak.in - Indian Business of Tech, Mobile &amp; Startups","article_published_time":"2024-02-05T02:19:18+00:00","article_modified_time":"2024-02-05T02:30:19+00:00","og_image":[{"width":1000,"height":465,"url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13.png","type":"image\/png"}],"author":"Mohul Ghosh","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mohul Ghosh","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/","url":"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/","name":"1 Crore Households Will Get 300 Units Free Electricity By Selling Surplus Power Via Rooftop Solar Installations - Trak.in - Indian Business of Tech, Mobile &amp; Startups","isPartOf":{"@id":"https:\/\/trak.in\/stories\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/#primaryimage"},"image":{"@id":"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/#primaryimage"},"thumbnailUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13.png","datePublished":"2024-02-05T02:19:18+00:00","dateModified":"2024-02-05T02:30:19+00:00","author":{"@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7"},"breadcrumb":{"@id":"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/#primaryimage","url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13.png","contentUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13.png","width":1000,"height":465},{"@type":"BreadcrumbList","@id":"https:\/\/trak.in\/stories\/1-crore-households-will-300-units-free-electricity-by-selling-surplus-power-via-rooftop-solar-installations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trak.in\/stories\/"},{"@type":"ListItem","position":2,"name":"1 Crore Households Will Get 300 Units Free Electricity By Selling Surplus Power Via Rooftop Solar Installations"}]},{"@type":"WebSite","@id":"https:\/\/trak.in\/stories\/#website","url":"https:\/\/trak.in\/stories\/","name":"Trak.in - Indian Business of Tech, Mobile &amp; Startups","description":"Trak.in is a popular Indian Business, Technology, Mobile &amp; Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups &amp; Social Media Space","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trak.in\/stories\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7","name":"Mohul Ghosh","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g","caption":"Mohul Ghosh"},"url":"https:\/\/trak.in\/stories\/author\/mohul-ghosh\/"}]}},"jetpack_featured_media_url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/02\/ify-13.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1278607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/comments?post=1278607"}],"version-history":[{"count":2,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1278607\/revisions"}],"predecessor-version":[{"id":1278616,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1278607\/revisions\/1278616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media\/1278614"}],"wp:attachment":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media?parent=1278607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/categories?post=1278607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/tags?post=1278607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}