Free Solar Panel Scheme: Farmers can quadruple their earnings by renting a farm, know how solar panel is beneficial

By Anupreet Kaur On Sep 23, 2020

new Delhi. To reduce the additional expenditure on electricity bills and to increase the income of farmers through solar panels, the government has launched the Free Solar Panel Scheme. In this, farmers have to provide the roof of their farm or house to private companies on rent. Instead they will get good money. Which can quadruple their income (Earn Money). Not only this, solar panels will be installed absolutely free under this scheme. More electricity generated from this can also be sold. So what is this plan and how to increase your earnings, let’s know.

What is free solar panel scheme?
In this scheme, farmers can hire one-third of their farmland to install solar panels. In return, private companies will rent them at the rate of Rs 1 lakh per acre. In this scheme, farmers will rent their fields to the company for 25 years. During this time the company will give them money every year on a regular basis. At the same time, after the completion of 25 years, companies will give Rs 4 lakh per acre to the farmers. This can quadruple the earnings of farmers.

You can earn by selling electricity
Solar panel scheme is also beneficial for farmers whose land is barren. They can make electricity from solar power by installing solar panels on the land and can earn money every month by selling it to various government and non-government power companies. Six acres of land is required to set up a one MW solar plant. With this, 13 lakh units of electricity can be produced. Farmers can earn good profits by selling it. The Prime Minister can get benefits by registering under the Solar Panel Scheme (Kusum Scheme).

Benefits of the scheme
1. Under the Solar Panel Scheme, private companies will give one lakh rupees per acre as rent to the farmers. From the 25th year onwards, the rent of an acre farm will be Rs 4 lakh.

2. The farmer will not have to spend any money in installing solar panels. On PPP model, private companies will charge it at their own cost.

3.Solar panels shall be installed at a height of 3.5 meters from the ground. So that farmers do not have difficulty in farming there.

4. On giving one acre of space, farmers will get 1000 units of free electricity. Also, if excess power is generated, they can also sell it to the company or the government.