Punjab Solar Scheme 2024: Special Offer For Consumers Using 500 Units – Full Details Inside

Chief Minister of Punjab Maryam Nawaz has announced the Punjab Solar scheme for 500 Units of Electricity consumers and they can easily pay for it by multiple payment methods. Through this scheme, they can apply Online through Banks for the Solar system in easy installments.

Punjab Solar Scheme For 500 Units Electricity Consumers

If you want to know the complete details and structure of the Payments For Solar in easy installments then read the article given below.

Also Read: Free Solar Panels For 26 Lakh Houses In Sindh

Punjab Solar Scheme For 500 Units Electricity Consumers

Additional details regarding the Solar Scheme 2024, which targets province residents using up to 500 electricity units monthly, have been made public by Punjab Chief Minister Maryam Nawaz. She revealed these particulars at a ceremony commemorating Model Bazars’ free home delivery service launch.

The chief minister announced that the government will provide a full solar system on simple installment plans for anyone utilizing up to 500 units per month.

Free Solar Panel For 200 Unit Consumers in Punjab

She declared that customers consuming up to 200 units of electricity each month would be eligible for free solar systems from the government. In addition to the discounted electricity rates that these customers currently receive, the solar systems will also help.

Eligibility Criteria For Punjab Solar Scheme 2024

Punjab Chief Minister Maryam Nawaz recently announced that:

  • Households using less than 200 units of electricity per month will receive free solar panels, 
  • Those using 200 to 500 units can apply for interest-free loans to install solar panels, 
  • Those using more than 500 units will be eligible for loans that are 75% interest-free for the same purpose.
Unit ConsumedAvailable Plans
Consumers using 200 unitsFree solar panels
Consumers using 200-500 unitsInterest-free loans
Consumers using more than 500 units75% govt contribution towards interest-free loans

The project would save electricity costs by 50% and is estimated to cost between Rs 600 and Rs 700 billion. There are about 500,000 customers in this group.

Apply For The Punjab Solar Scheme In 2024

To register for the Free Solar Panel System, you must be eligible for it; if you are, a message confirming your eligibility will be sent to your phone number.

The Punjab Solar Panel Scheme is presently accepting registrations. You will get an SMS after enrolling to find out if you qualify for the solar panel. The solar system will be installed in your home if you qualify. 

Easy Installments Plan For 500 Unit Consumers 

Ownership of the solar systems will be handed to customers upon the end of a five-year installment plan. Monthly electricity bills will include installments.

In due course, the government will make public the final plan’s cost as well as the monthly installment amount for users of up to 500 units.

Conclusion

In conclusion, the Punjab Solar Scheme 2024 offers a valuable opportunity for households using up to 500 electricity units to switch to solar power through affordable installment plans. With options ranging from free solar panels to interest-free loans, this initiative aims to reduce electricity costs and promote sustainable energy usage.