1 week ago

PM Surya Ghar May Tie Support to Solar Performance

The government is considering changes to the PM Surya Ghar solar scheme.

Today, much of the support depends on how many solar panels a household installs.

The new plan may also consider how much electricity the panels produce and how well they keep working.

Batteries could store extra electricity made during the day for use later.

This could help households save money and help electricity companies manage the grid.

People living in apartments or homes without suitable roofs may get new ways to participate.

The plan may also use digital records and artificial intelligence to check equipment and find problems.

Officials are still preparing the details and will hold consultations before making final decisions.

Key facts

Existing support: Central financial assistance is currently provided for residential rooftop-solar installations, with subsidies linked largely to installed capacity.
Potential assistance model: One component could support upfront capital costs, while another could depend on generation, operations and maintenance, storage or services over the asset’s life.
Payback period: Consumer adoption could remain strong with a five- to six-year payback period but may weaken when it exceeds seven years.
Storage options: The government is examining behind-the-meter household batteries and systems deployed downstream in distribution networks.
Access expansion: Virtual and group net metering, balcony solar, facade-mounted systems and building-integrated photovoltaics may help households without suitable roofs.
Quality controls: Proposals include generation guarantees, mandatory service periods, insurance and a digital solar passport recording output, service history and warranty status.
Data standards: The Ministry of New and Renewable Energy plans a common data protocol covering more than 100 inverter and equipment manufacturers.

financialexpress.com · 1 week ago