Web Exclusive | October 2012
Govt subsidy soon for homes to buy solar generators
The Union government will provide 30 per cent subsidy for installing home solar power generation systems. The government's move is seen as an easy option to escape from hackles of rising power bills.
Under a new national scheme the Ministry of New and Renewable Energy (MNRE) will allow house or flat owners to install solar panels on rooftops. This system will help them feed the power directly into the grid and keep bulky batteries at bay.
The new system envisages a metering system where in a household will get the power bill depending on the difference between the power consumed and generated by it. For instance, if a solar panel generates around 400 units a month and a household consumes the same number of units, the net bill would be zero.
In case, your solar panel generates more units than that you have consumed, money for the extra units will be credited to your account. The Ministry Secretary Gireesh Pradhan said that the Central Electricity Authority (CEA) is finalising the technical standards for connectivity to enable power distribution companies to provide the service to consumers.