Who pays and who benefits from a massive expansion of solar power?
theconversation.com
Who pays and who benefits from a massive expansion of solar power?
President Biden’s proposed solar power expansion would cost $350 billion in federal support over the coming decade. An energy expert explains where that money would come from and who it would help.
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Free electricity ⚡️ Under this initiative, the government is offering financial help for people who install solar power systems. 1. For systems up to 2 kW (kilowatts):The government will pay for 60% of the total cost.2. For systems between 2 kW and 3 kW:The government will cover 40% of the extra cost.3. Cap on subsidy:The maximum system size that qualifies for the subsidy is 3 kW.- A 1 kW system will get a subsidy of ₹30,000.- A 2 kW system will get ₹60,000.- A 3 kW system or larger will receive
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