Rooftop Solar Scheme

byPaytm Editorial TeamNovember 3, 2025

Definition

The Rooftop Solar Scheme encourages individuals and institutions to generate their own electricity.

Overview

This scheme, also known as the “PM Surya Ghar Muft Bijli Yojana” (Full form), aims to promote solar energy adoption. It allows homeowners to install solar panels on their roofs to meet their electricity needs and even earn by feeding surplus power back to the grid.

How It Works

Install solar panels on your rooftop. The generated electricity powers your home. Excess power can be sent to the grid, reducing your bills.

Key Benefits

Enjoy lower electricity bills, contribute to a greener environment, and receive government subsidies.

You May Also Like

Financial ClosureFebruary 5, 2026

Meaning This term is fundamental in project finance, signifying a crucial milestone.Definition Financial Closure is when all necessary…

Withdrawal SlipLast Updated: December 12, 2025

Meaning A Withdrawal Slip is a paper form used in banks to take out money from a savings…

Minimum Balance RequirementLast Updated: November 14, 2025

Definition The Minimum Balance Requirement is the rule set by banks that decides how much money must stay…

Universal Health CoverageNovember 3, 2025

Understanding Universal Health Coverage (UHC)Universal Health Coverage (UHC) means that all individuals and communities receive the health services…

DiversificationLast Updated: December 29, 2025

Meaning & Definition Diversification is an investment strategy where money is spread across different assets to reduce risk.…

DeductionLast Updated: December 12, 2025

Meaning & Definition Deduction is an amount subtracted from taxable income to reduce the tax liability. It helps…