Solar Opex Zero Investment
The OPEX (Operational Expenditure) model in solar offers a “zero investment” approach, meaning businesses can benefit from solar power without the initial capital expenditure required for buying and installing panels. Instead of owning the solar system, businesses enter into a Power Purchase Agreement (PPA) with a solar service provider who owns, installs, and maintains the system. The business then pays for the electricity generated by the solar system at a predetermined rate, often lower than traditional grid electricity costs.
Enquire Now
Here's a more detailed explanation:
No upfront investment:
The solar service provider covers all costs associated with the solar system, including installation, maintenance, and repairs.
Pay-as-you-go:
Businesses pay for the electricity they consume, similar to a utility bill, and they are not responsible for the plant’s performance or maintenance.
Cost savings:
The solar service provider typically offers a lower electricity rate than the grid, leading to potential cost savings for the business.
Risk mitigation:
The solar service provider bears the risks associated with the plant’s performance and operational costs.
Flexibility:
Businesses can often upgrade or change their solar system without incurring large capital outlays.
Focus on energy consumption:
Businesses can focus on reducing their energy consumption rather than managing a complex solar system.
Environmental benefits:
The OPEX model promotes clean energy adoption and reduces reliance on fossil fuels.
Third-party ownership:
The solar service provider owns and operates the system, while the business consumes the generated electricity.
