Best RESCO for Solar Plant in India: Zero Capex for MSMEs
- Greenassets.in
- 6 days ago
- 4 min read
In today's dynamic energy landscape, micro, small and medium enterprises (MSMEs) encounter pressing challenges. With rising energy costs impacting profitability, it is crucial for businesses to seek innovative energy solutions. Our solar investment schemes under the Renewable Energy Service Company (RESCO) model provide a transformative opportunity. You can enjoy the numerous advantages of solar energy without any capital expenditure.
In this article, we will explore how our RESCO model for solar power empowers MSMEs like yours to flourish while adopting clean energy solutions.
What Is the RESCO Model?
The RESCO model is a financial arrangement that enables businesses to utilize solar energy without upfront capital investments. Under this scheme, we invest in your solar power setup so you can harness the sun's energy from day one without any financial stress.
Instead of upfront costs for installation, you pay your existing electricity tariff to us for the first five to seven years ( yes no more increase in energy cost! ). After this period, you gain full ownership of the solar power plant. This setup significantly reduces the financial uncertainties of switching to renewable energy as no hefty upfront investments are required!
Key Benefits of the RESCO Model
Zero Capex Investment
For MSMEs, capital is valuable and often tied up in various operational expenses. With our RESCO model, you avoid the upfront costs associated with solar installation. Instead, you can redirect those funds into crucial areas of your business. This model grants you immediate access to clean energy while allowing you to focus on growth. For instance, a medium-sized manufacturing firm could save lakhs of rupees annually that would otherwise go toward installing solar panels.
Onsite Solar Plant Maintenance, Warranty, and Insurance
Owning a solar power plant involves regular maintenance, warranty management, and potential insurance costs. Our plan covers all necessary onsite maintenance during the first five years at zero additional cost. This safeguard means you can enjoy worry-free energy while concentrating on your business operations. According to national averages, maintenance costs for solar systems can vary from 1% to 2% of the equipment value annually. By using our RESCO model, you eliminate these costs.
Tax Benefits
Adopting solar energy not only supports the environment but can also enhance your financial position. MSMEs can take advantage of GST input credits and benefit from tax incentives through accelerated depreciation — effectively lowering your overall tax burden. For example, depreciating solar assets at a rate of 40% in the first year can significantly reduce taxable income.
Ownership After Five Years
One of the most appealing aspects of our plan is that after five years, you fully own your solar power plant. This means you can enjoy free solar energy for the system's lifespan, which can last up to 25 years. By going solar, you could save an estimated 70% on electricity costs over time, offering significant relief on annual expenses.
Who Can Benefit?
Our attractive solar plans cater to commercial establishments with electricity loads ranging from 50 KW to 10 MW. Whether you operate in the retail, manufacturing, or agriculture sector, if you're seeking a prime opportunity to cut operational costs and embrace sustainable energy we can make this happen without any upfront investment required. Our goal is to be the best RESCO offering solar plants to MSMEs in India.
How Does It Work?
The process is simple and user-friendly:
Contact Us: Begin by reaching out to discuss your electricity load and see how our solar investment scheme can specifically benefit you.
Site Assessment: We will conduct a thorough site assessment to identify the optimal solar solution tailored for your establishment.
Installation: Our team manages the installation process, ensuring your daily operations experience minimal disruption.
Maintenance and Support: For the initial five years, we offer onsite maintenance and warranty coverage at no extra cost.
Ownership: After five years, you acquire full ownership of the solar power plant, providing your business with the advantage of free solar energy moving forward.
The Environmental Impact
Transitioning to solar energy is not just a smart business move; it is also an environmentally friendly choice that contributes to a sustainable future. By installing a solar power system, you significantly lower your reliance on fossil fuels and your carbon footprint. In fact, a 1 MW solar power installation can offset approximately 1,400 tons of carbon dioxide emissions annually. Furthermore, businesses that prioritize sustainability often attract more customers and can enjoy a better reputation. According to recent surveys, 70% of consumers prefer brands that demonstrate a commitment to protecting the environment.
A Solution You Can't Afford to Ignore
The opportunity provided by our solar power plans is one that MSMEs should not overlook. With benefits like zero capital expenditure, seamless maintenance, tax incentives, and eventual ownership, our RESCO model is a practical investment in your business’s future. Conventional barriers to solar adoption are removed, making it easier than ever to enter the realm of renewable energy.
Take the Step Towards Sustainable Energy
In an era where sustainability and energy efficiency are gaining importance, your MSME can harness the advantages of our RESCO model for solar energy investment without incurring any upfront costs. The chance to own a solar power system presents an invaluable opportunity to save money and protect your business from future energy price volatility.
Don’t wait for the perfect moment to transition to solar; the time is now! With our dedicated team managing every step, you can start reaping the benefits of solar energy without initial financial commitments.
If you're ready to learn more about obtaining your free solar plant and making a meaningful investment in your sustainability journey, reach out to us today. Transform your energy consumption and propel your MSME toward a brighter, cleaner, and more cost-effective future.
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