New Delhi: Chief Minister Arvind Kejriwal launched the ‘Delhi Solar Policy 2024’ on Monday, announcing that domestic consumers will enjoy zero-cost electricity bills, and the tariff for commercial and industrial consumers will be slashed by half upon the installation of rooftop solar panels. As per the new policy, residential consumers can potentially earn Rs 700-900 per month by installing rooftop solar panels as the government has proposed to provide Generation-based Incentives (GBI).

“If you get solar panels installed under the new solar policy of Delhi, then understand from this example how much you will benefit”, tweeted CM Kejriwal to explain the benefits of Solar Policy 2024.

Additionally, the Delhi government’s existing power subsidy scheme ensures that residential consumers, using up to 200 units of electricity per month, receive a zero-cost bill, with a 50 per cent subsidy on electricity consumption between 201 and 400 units. Addressing a press conference, Kejriwal highlighted that the solar power generated effectively offsets the electricity consumed by the grid. Elaborating on the specifics of the new solar policy, he explained that if an individual consumes 400 units of electricity and generates 225 units through solar power, they will receive a zero-cost bill. This is because their net consumption, after factoring in solar generation, falls under 200 units, which is fully subsidized in the national capital.

“This was considered to be the most progressive solar policy in the country. Under the policy, the rooftop solar panels installed by the people in Delhi have an installed capacity of 250 MW of electricity. Besides this, various discoms in Delhi purchased 1250 MW of solar power from outside Delhi. So, in total, 1500 MW of solar power was made available under the policy. We all know that solar power reduces air pollution,” the CM remarked. 

Delhi government believes that this policy will not only reduce the inflation rate in Delhi, but the government will also give capital subsidy of Rs 2,000 per kilowatt. After the formation of the Aam Aadmi Party government in 2015, the Kejriwal government released the Delhi Solar Policy 2016 in 2016. Under the Solar Policy 2016, people of Delhi have so far installed solar panels of about 250 MW capacity on the roofs of their houses. Apart from this, under the Solar Policy 2016, the discom has purchased 1250 MW solar power from outside. In this way, under the Solar Policy 2016, about 1500 MW solar power has been installed so far inside Delhi.

By installing solar panels, electricity bill will be zero, money will be recovered. Delhi Chief Minister Arvind Kejriwal said that under this policy, those who invest money in buying solar panels, that money will be recovered within four years. 

Earlier on January 28, Punjab Chief Minister Bhagwant Mann too announced that 90 percent of people in Punjab receive zero electricity bill. Read full tweet below.

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