the government’s rooftop solar panel plan
India's Finance Minister announced plans to supply power to one crore households using rooftop solar panels, saving households ₹15,000 annually. Households with monthly electricity consumption of less than 300 units will be able to install a mid-sized system with the government bearing the expense. The subsidy for rooftop solar systems will increase to 60%, with the rest financed by a private developer affiliated with a public sector enterprise connected to the Power Ministry. A mechanism of 'net-metering' allows surplus electricity produced by households to be sold back to the grid. India's Centre will push for solarisation instead of State power distribution companies. Only 12 GW out of an intended 40 GW of rooftop solar panels have been installed, and household rooftops account for only 2.7 GW. The subsidies will not be available for imported panels and must be more accommodative to States.
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