Subsidy

A solar subsidy is a financial incentive provided by governments or other organizations to encourage the adoption and use of solar energy systems, such as solar panels or solar water heaters. These subsidies are typically designed to make solar energy more affordable and accessible to individuals, businesses, and institutions. The availability and specifics of solar subsidies can vary significantly from one location to another and can change over time as governments and organizations adjust their energy policies. Subsidies are often implemented to promote the use of solar energy as part of efforts to reduce greenhouse gas emissions, decrease reliance on fossil fuels, and transition to cleaner and more sustainable energy sources.