PEF School Solar Panel Loan 2024 Online Apply

For those interested in applying online to the PEF New School Program 2024, the official website to do so is www.pef.edu.pk. The last date to apply is crucial, and applicants should ensure they meet the deadline. PEF School Solar Panel Loan Online Apply,  Along with the application process, individuals can access information on the PEF syllabus 2024 and the payment schedule on the website. Additionally, details about the PEF IRCs-Phase 4 and the PEF EVS are available for interested parties. To get a comprehensive understanding, applicants can also find the PEF school list for 2024 on the website. This initiative is part of the PEF Foundation’s efforts to enhance education accessibility and quality. For more guidance and updates, visit the official website or check with Educated. pk for further assistance.

PEF School Solar Panel Scheme 2024

PEF School Solar Panel logoThe PEF School Solar Panel Scheme 2024 will be launched on February 14, 2024. Schools can apply online through the PEF website, and the deadline for applications is April 30, 2024. The loan for installing solar panels will be given directly to the installers. To qualify, schools need to be registered with the government, have a No Objection Certificate (NOC), have at least 100 students, and have a building of at least 1,000 square feet. This initiative aims to promote the use of sustainable energy in schools, which is a great step towards a greener future.

PEF Solar Panel Loan 2024 Registration

The Punjab Education Endowment Fund (PEF) has launched a new program called “School Solar Panel Loan 2024” to encourage schools to use cleaner energy sources. This initiative aims to help schools reduce their energy expenses by installing solar panels. Both public and private schools in Punjab with at least 100 students and a building size of at least 1000 square feet can participate in this program. Schools must have a valid NOC (No Objection Certificate) from the power company to qualify. Eligible schools can apply for the program on the PEF website by providing basic information such as their name, contact details, and the number of students they have.

DepartmentPunjab Education Foundation
TypeSolar Panel Loan
Registration Start Date14th February 2024
Last Date to Apply30th April 2024
Registration OnlineClick Here
Posted ByEducated. pk

www.pef.edu.pk Online Apply

You can apply online through the PEF website until April 30, 2024. The loan money will go straight to the people installing the solar panels. To qualify, schools need to be registered with the government, have a No Objection Certificate (NOC), have at least 100 students, and have a building that’s at least 1,000 square feet.

Eligibility Criteria for PEF School Solar Panel Loan 2024

Both government and private schools in Punjab can apply for the scheme. Schools need to have at least 100 students and a building size of at least 1000 square feet. They must also have a valid No Objection Certificate (NOC) from the electricity distribution company. This scheme is only for schools in Punjab. To apply, schools can register online on the PEF website by giving their school name, contact information, and the number of students they have.

Solar System SizeEstimated Price RangeSubsidy ApplicablePrice After Subsidy
1 kWRs. 75,000 – Rs. 85,000Rs. 18,000Rs. 57,000 – Rs. 67,000
2 kWRs. 1,50,000 – Rs. 1,70,000Rs. 36,000 (2 x Rs. 18,000)Rs. 1,14,000 – Rs. 1,34,000
3 kWRs. 1,89,000 – Rs. 2,15,000Rs. 54,000 (3 x Rs. 18,000)Rs. 1,35,000 – Rs. 1,61,000
4 kWRs. 2,52,000 – Rs. 2,85,600Rs. 63,000 (3 x Rs. 18,000 + 1 x Rs. 9,000)Rs. 1,89,000 – Rs. 2,22,600
5 kWRs. 3,15,000 – Rs. 3,57,000Rs. 72,000 (3 x Rs. 18,000 + 2 x Rs. 9,000)Rs. 2,43,000 – Rs. 2,85,000
10 kWRs. 5,31,000 – Rs. 6,07,000Rs. 1,17,000Rs. 4,14,000 – Rs. 4,90,000

PEF School Solar Panel Scheme 2024 Application Form

Schools that qualify can get loans to cover 80% of the cost of installing solar panels. The interest rate on the loan is 5% per year. Schools have 5 years to pay back the loan, and they start paying after 6 months from when the solar panels are installed. This program is meant to help schools in Punjab use solar energy. It helps the environment by using renewable energy and reduces electricity costs for schools.

Online Apply

Punjab Education Foundation Solar Panel Loan 2024

The Punjab Education Endowment Fund (PEF) has started a new program called the ‘School Solar Panel Loan 2024’ to promote the use of renewable energy in schools. The PEF IRCS Phase VI Result 2024 will be announced shortly. This program is meant to help schools lower their electricity bills by installing solar panels.

PEF School Solar Panel Loan 2024

How to Apply for PEF School Solar Panel Loan 2024?

Sure, here are the steps broken down into simpler language:

  1. Go to the PEF website.
  2. Find the section about the School Solar Panel Loan 2024 program.
  3. Click on the button that says “Apply Now” or “Registration.”
  4. Fill in the online form with all the information they ask for.
  5. Give details like your school’s name, contact information, how many students you have, the size of your school building, and the No Objection Certificate (NOC) from the electricity company.
  6. Check everything you filled out to make sure it’s all correct.
  7. Send in your application form through the website.
  8. Wait to hear back from the PEF about what happens next with your application.

Contact Information

Email: [email protected]

Phone: 042-99230113, 042-99230127

Check Also: Punjab Education Foundation PEF Jobs 2024 Apply Online

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