CM Punjab Solar Panel Scheme 2024: Roshan Gharana Initiative
Introduction
In a recent announcement, Chief Minister Maryam Nawaz of Punjab unveiled the “Roshan Gharana” CM Punjab Solar Panel Scheme for 2024. This program aims to distribute 50,000 solar panels to households across Punjab. The scheme targets homes that consume 300 kilowatt-hours (kWh) of electricity or less. The solar systems provided include advanced components: a solar inverter, a battery, and solar panels capable of generating up to 1 kilowatt (kW) of electricity.
What You Need to Know
This blog provides a comprehensive overview of the CM Punjab Solar Panel Scheme. If you’re interested in learning more about the program and how to benefit from it, read on for all the essential details.
Overview of the CM Punjab Solar Program 2024
Objectives of the Scheme
The primary goal of the CM Punjab Solar Panel Scheme is to alleviate the electricity burden for low-income households. The program targets individuals who struggle with high electricity bills and consume between 100 to 300 units of electricity monthly. By offering solar panels, the government hopes to reduce their dependency on the grid and lower their electricity costs.
Registration Process
Applying for the CM Punjab Solar Panel Scheme is straightforward. Here’s how you can register:
- Eligibility: If your household consumes less than 4 units of electricity during April and May, you are eligible to apply.
- Visit Punjab Bank: Go to the nearest Punjab Bank branch.
- Submit Documents: Provide a copy of your ID card, mobile number, complete house address, and recent electricity bill.
Once your application is processed, you will be notified about the loan details and the timeline for receiving the funds. After receiving the loan, you can install the solar panels.
For the latest solar panel prices, click here.
Purpose of the Scheme
This initiative is designed to support economically disadvantaged individuals by offering a solution to their high electricity bills. The scheme provides a maximum loan of 5 million PKR to purchase solar panels. Additionally, individuals with a monthly salary under 60,000 PKR can also apply.
Solar Panel Subsidy in Punjab
The scheme also includes a subsidy to make solar panels more affordable. This subsidy aims to benefit those who have faced high electricity bills over the past 4 to 5 years. The government plans to extend this scheme nationwide soon.
Subsidy Details
Here’s a breakdown of the estimated costs and applicable subsidies:
| Solar System Size | Estimated Price Range | Subsidy Rate |
|---|---|---|
| 1 kW | Rs. 75,000 to Rs. 85,000 | Rs. 18,000 |
| 2 kW | Rs. 1,50,000 to Rs. 1,70,000 | Rs. 36,000 |
| 3 kW | Rs. 1,89,000 to Rs. 2,15,000 | Rs. 54,000 |
| 4 kW | Rs. 2,52,000 to Rs. 2,85,000 | Rs. 63,000 |
| 5 kW | Rs. 3,15,000 to Rs. 3,57,000 | Rs. 72,000 |
| 10 kW | Rs. 5,31,000 to Rs. 6,07,000 | Rs. 72,000 |
Who Can Apply?
The scheme is open to anyone looking to reduce their electricity expenses, especially those with low incomes or small businesses. For more details on how to apply and eligibility criteria, refer to the sections above.
Additional Information
FAQs
How do I apply for solar panels under the CM Punjab scheme?
You can apply by visiting your nearest Punjab Bank branch and submitting the required documents. Check the detailed registration process above.
What is the subsidy amount for solar panels in Punjab?
The subsidy varies based on the solar system size. For more information, see the subsidy details section above.
Is this solar panel scheme available for farmers?
The scheme is primarily for low-income households, but farmers may also be eligible if they meet the criteria. Check with Punjab Bank for specific details.
