The Punjab Education Endowment Fund (PEF) unveiled the School Solar Panel Scheme 2024 on February 14, 2024, to support schools in Punjab with the adoption of solar power, thereby promoting sustainable energy and cutting electricity costs. Schools fulfilling eligibility criteria—government registration, a NOC, at least 100 students, and a building of a minimum of 1,000 sq. ft.—can apply for a loan covering 80% of the installation costs at a 5% annual interest rate over five years, with a grace period of six months. Applications are accepted online via the PEF website until April 30, 2024, and the scheme ensures direct payment to installers, streamlining the transition to renewable energy for schools.
PEF Solar Panel Scheme Apply Online 2024
Title | Solar Panel Scheme |
Program Start Date | 14 February 2024 |
Last Date to Apply | 30 April 2024 |
Location | Punjab |
PEF Solar Program | Apply Online |
PEF Solar Panel Loan 2024 Registration
The PEF Solar Panel Loan 2024 initiative marks a significant advancement towards sustainable energy solutions. Interested individuals are now able to register online for the program which aims to reduce the financial barrier to solar energy adoption. By offering manageable loans for solar panel installations, the PEF program not only supports renewable energy but also empowers homeowners to take control of their electricity costs and contribute to a greener future. Registrations for the coming year are open and can be completed via the program’s official website, ensuring a user-friendly and efficient application process.
PEF Solar Loan 2024
How to Apply PEF School Solar Panel Loan 2024?
To apply for the PEF School Solar Panel Loan in 2024, you can follow these steps:
- Visit the official website of the Punjab Education Foundation (PEF).
- Click on the ‘Green Initiatives’ or ‘Solar Panel Scheme’ section.
- Fill out the online application form available on the website.
- Ensure that you submit the application before the last date, which is April 30, 2024
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