Punjab Free Solar Panels Scheme 2024: Online Registration & Latest Update by CM Punjab
If you reside in the Punjab province of Pakistan, there is an exciting opportunity in the field of renewable energy. Yes, an Initiative by the CM Punjab, the Punjab Free Solar Panels Scheme 2024, is being launched soon with the main aim of helping poor and low-income people who want to reduce their heavy electricity bills. Those people cannot afford the bills and are depressed because of them.
If you are also worried about your monthly heavy electricity bills, read this article carefully, and if eligible, apply online from home. This peculiar scheme under alternative and renewable energy resources can help you manage your financial burden of higher electricity bills easily.
Punjab Government Objective For Punjab Free Solar Panels Scheme 2024
On the directives of CM Punjab, the Punjab government has decided to launch a new Punjab Free Solar Panels Scheme 2024 to boost the use of solar power as an alternative energy solution beyond the province. The CM of Punjab Province, Maryam Nawaz Sharif, recently announced this scheme, which is named the Chief Minister Roshan Gharana Program 2024.
Under this Punjab Free Solar Panels Scheme-2024, which was announced by the CM on April 9, 2024, the Punjab government had planned to provide free solar systems to 50,000 protected consumers across Punjab. However, considering the increasing electricity prices and the people’s poor conditions, the Punjab government has decided to give solar systems to about 50 lakh families on easy loan terms. The Cabinet of Punjab Assembly has subsequently granted Final Approval of this scheme.
Under this Punjab Free Solar Panels Scheme 2024, Solar Energy Generating Panels will be provided on a fair merit basis, especially on a priority to the Oppressed and Backward area people of Punjab on a proper selection criteria & then to the other consumers using Electricity units ranging from 50-500 units. This program Empowers a brighter and more secure future for Punjab strengthening the residents of Punjab and leading to a more committed and secure future
Through this initiative of Punjab Free Solar Panels Scheme-2024, the Punjab government is keen to support those who are overburdened by heavy electricity bills even with low consumption. The aim is to provide free solar panels for low-consumption/Low-Income families and Solar Panels through easy, low-cost loans on comfortable terms to middle-class families who are facing challenges in paying their electricity bills. Thus, through this scheme, residents can reduce the burden of their electricity bills through reasonable terms.
Basic Proposal Terms of Punjab Free Solar Panels Scheme 2024
- Phase-1: In the next fiscal year, it is proposed to install a free solar system on a priority basis for consumers using electricity units from 50 to 200 pm. The system includes solar plates, inverters, batteries, and other required components.
- Phase-2: The chief minister said the government would also provide a complete solar system to consumers using 200 to 500 units per month on easy installment loans. The user will pay 10% initially, while 90% will be contributed through 5-year Loans at low interest rates.
- Phase-3: Volunteers for unit consumption above 500 will be charged a 25% share of payment, and the government will pay the remaining 75% as a low-interest loan.
Financial Aspects Of The Free Solar Panels Scheme
- Under this bold step taken by the Chief Minister of Punjab, Maryam Nawaz Sharif, through the Punjab Free Solar Panels Scheme 2024, the Punjab government is providing 100% free Solar systems to consumers using 50 to 200 units monthly. The Punjab Government will pay 90 % of the total amount of solar panels, and the rest 10% will be paid by the resident side for loans to users of units from 200 to 500 monthly. CM Punjab said, “These are challenging times, but we stand with the people and will continue to do so.”
- The Punjab government’s total budget for this project is Rs. 9.5 Billion.
- The payment plan of this project is based on a 5-year installment procedure with a low interest rate, making payment easier for people to grab this great opportunity. During the winter season, this installment amount will face a notable ease, assuring the convenience provided by the Government of Punjab.
Eligibility Criteria For Free Solar Panels Scheme 2024
Subjective Criteria
- Volunteers have to be citizens of Pakistan & residents of Punjab.
- Volunteers must have a valid Computerized National Identity Card (CNIC).
- Volunteers must own a house or have permission from the owner for solar installation.
- Volunteer with more than one meter installed at their homes will not be eligible under this scheme. There should only be a single electricity meter in one house.
- Only Filers are eligible for this scheme.
- Volunteers have never taken a loan from any bank and will not be a debtor to any bank.
- The eligibility list also excludes people already receiving financial aid/support through any government scheme, such as the Benazir Income Support Program (BISP).
- Volunteers should have a monthly income of less than 50 or 60 thousand rupees.
- Volunteers should not be involved in any kind of power theft or illegal activity.
Consumption-Based Criteria
- Volunteers with consumption of 50 or fewer units will be eligible for having 500-watt solar panels.
- Volunteers with a consumption of 50 to 200 units will be granted 1000-watt solar panels.
- Volunteers with consumption from 200 to 300 units will be eligible for having 1100-watt solar panels
- Volunteers with consumption from 300 to 400 will be eligible for having 1650-watt solar panels.
- Volunteers with a consumption of 500 units will be eligible for having 2200-watt panels.
Punjab Free Solar Panels Scheme 2024: Online Registration Procedure
- Before installation, the units of the particular family will be cross-verified. For this purpose & registration under this scheme, the application users are directed to send online their Electricity bill reference number and ID card number on the Toll-Free number “8800”.
- After satisfactory registration based on verifications and eligibility criteria, the Punjab Information Technology Board will hold and manage a systematic balloting. All solar panel winners will be finalized and intimated via SMS for the next process.
- For winners, the installation process will start in September / October 2024.
Frequently Asked Questions
Is It Necessary To Own A House To Apply For This Scheme?
No, you do not need to own the home where the Solar Panels are to be installed. If you are a tenant, you can arrange permission from the owner.
Is It An Interest-Free Solar Panel Scheme For Those Using 500 Units/Month?
No it is not an Interest free Loan but a Low rate Interest will be charged on volunteers..
What Is the Loan Repayment Period Under This Scheme?
The loan term is 5 years under this free solar panel scheme.
Conclusion
Punjab Free Solar Panels Scheme 2024, also known as Roshan Gharana Program, is a useful and significant energy crisis support initiative addressing the hotline’s energy resource needs. This project is a superb chance for every needy person residing in Punjab to opt for this product and reduce their heavy electricity bills. The Online Application procedure is also designed to be simple and easy, so don’t miss this chance to be part of the renewable energy project 2024.