Tatsat Chronicle Magazine

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Over 15,000 Pune Properties Get Tax Rebate for Installing Solar Power Systems

solar power in Pune

More than 15,000 property owners have received a 5 per cent tax rebate after the Pune Municipal Corporation (PMC) offered a tax rebate for properties with rainwater harvesting and/or solar water heating systems. The number of properties benefitted under the scheme increased from 13,389 properties in 2019-2020 financial year.

Pune Municipal Corporation has offered the scheme to city residents to motivate them to adopt solar power generation. A higher, 10 per cent rebate on property tax is offered to citizens for installing rainwater harvesting systems, solar water heating systems and a garbage management system. The rebate is given only if these systems are operational. After checking all documents, such as photographs of solar power system and bills, a rebate is granted in the same financial year. This facility is available for residential properties only.

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