PM Surya Ghar Muft Bijli Yojana: AP offers Rs 78,000 subsidy, 300 units free electricity

• Andhra Pradesh government is actively implementing the PM Surya Ghar Muft Bijli Yojana, aiming for 2 lakh solar connections by May.
• Beneficiaries receive a central government subsidy of up to Rs 78,000 for a 3-kilowatt system and 300 units of free electricity monthly.
• The scheme allows homeowners to sell surplus electricity to DISCOMs, generating additional income.
• A 3-kilowatt solar system, costing around Rs 2 lakh, can be installed with the Rs 78,000 subsidy, with the remaining amount financeable via bank loans.
• The investment can be recovered within 5 years through electricity savings (up to Rs 2,000/month) and potential earnings from selling surplus power.

Why It Matters: Andhra Pradesh is aggressively promoting the PM Surya Ghar scheme, offering significant subsidies and free electricity.