PM Surya Ghar Muft Bijli Yojana 2026: Complete Guide to Rooftop Solar Subsidy and Solar Loan for Homeowners in India

Tired of skyrocketing electricity bills? The PM Surya Ghar Muft Bijli Yojana delivers up to 300 units of free electricity monthly through rooftop solar subsidies and easy solar loans. This flagship scheme provides solar subsidies under PM Surya Ghar up to ₹78,000 via direct DBT, making residential rooftop solar affordable for homeowners across India.

Combine solar loan with PM Surya Ghar from Ratnaafin and install rooftop solar panels with
minimal upfront cost while enjoying immediate bill reductions. This 2026 guide explains PM Surya Ghar Muft Bijli Yojana subsidies, solar loans, net metering, eligibility, and application steps.
 

What Is PM Surya Ghar Muft Bijli Yojana? 2026 Highlights

The PM Surya Ghar Muft Bijli Yojana (PMSG MBY) targets 1 crore households by 2027 with boosted 2026 funding of ₹22,000 crore, aiming for 40 lakh installations by March 2026.
 

Key advantages include

• Up to 300 free electricity units monthly via net metering
• Rooftop solar subsidy up to ₹78,000 (Central Financial Assistance)
• Collateral-free solar loans at attractive rates
• Near-zero electricity bills for many households

Over 19 lakh systems installed nationwide, with thousands already achieving zero bills.
 

PM Surya Ghar Subsidy Amount 2026

Solar subsidy under PM Surya Ghar is credited directly post installation based on system size.

Standard CFA:

• Up to 2 kW: ₹30,000 per kW
• Additional 2 to 3 kW: ₹18,000 per kW
• Maximum: ₹78,000 for 3 kW and above
   

Many states offer extra incentives. Check your DISCOM for local top-ups.
 

Eligibility for PM Surya Ghar Muft Bijli Yojana Rooftop Solar Subsidy

Homeowners qualify if they:

• Own residential property with suitable roof
• Have valid grid-connected electricity connection
• Use an MNRE-approved vendor via official portal
• Install a grid-tied rooftop solar system

Apply at pmsuryaghar.gov.in for feasibility approval, installation, and subsidy claim.
 

Net Metering Under PM Surya Ghar Muft Bijli Yojana

Net metering allows you to export surplus solar power to the grid and receive credits against your consumption.

How it works:
 

• A bidirectional meter tracks imported and exported units
• Excess generation credits offset future bills (usually 1:1 ratio)
• Unused credits often carried forward or settled annually
• Enables up to 300 free units monthly plus additional savings
• Most DISCOMs support full net metering for residential systems under PM Surya Ghar Muft Bijli Yojana
   

This feature makes rooftop solar highly profitable.
 

Combine Solar Loan with PM Surya Ghar for Maximum Savings

PM Surya Ghar subsidy cuts 30 to 40 percent of the cost. A residential rooftop solar loan covers the balance with low EMIs.

2026 solar loan details:

• Interest rates are 7 to 11 percent p.a. (some as low as 5.75 to 8 percent for PMSG linked)
• Tenure: 5 to 10 years
• Low or zero down payment after subsidy
• Collateral-free for smaller systems
• EMIs often covered by bill savings and net metering credits 

Process: Site survey, apply for solar loan with PM Surya Ghar, sanction, install, claim subsidy to reduce principal.

Benefits of Rooftop Solar Under PM Surya Ghar Muft Bijli Yojana

• Annual savings ₹15,000 to ₹18,000 plus on bills
• 300 free units monthly plus net metering credits
• 4- to 6-year payback after subsidy and loan
• Reduced carbon footprint
• Higher property value
• Protection from tariff increases

Why Choose Ratnaafin for PM Surya Ghar Solar Loan

Ratnaafin excels in solar financing under PM Surya Ghar for homeowners nationwide.

Advantages:
 

• Expert help with PM Surya Ghar subsidy application and portal
• Customized residential solar loans with low solar loan interest rates
• Fast approvals and subsidy-linked financing
• Full service: Free assessment, MNRE-approved installation, net metering setup
• Monitoring app and strong after-sales support

Start with PM Surya Ghar Muft Bijli Yojana Today

Rooftop solar subsidy in 2026 under PM Surya Ghar Muft Bijli Yojana makes solar ideal now. Pair with a solar loan for affordable ownership.

Contact Ratnaafin for a free consultation, site survey, personalized PM Surya Ghar subsidy, and solar loan quote. Secure your muft bijli benefits before the 2026 slots fill. Inquire now!