OPEX Vs RESCO Vs CAPEX
Switching to solar power is a commendable move for your business, and a cost-effective one too in the long run. However, there are a lot of underlying technicalities you need to know before making the final move to go green.
| Feature | Solar OPEX Model | RESCO | CAPEX - EPC Model |
|---|---|---|---|
| Ownership | Provider owns the system | Provider owns the system | Client owns the system |
| Upfront Costs | Minimal upfront costs | Minimal upfront costs | Significant upfront investment |
| Monthly Payments | Fixed monthly fee for energy | Fixed monthly fee for energy | No monthly payments |
| Financial Risk | Low financial risk for client | Low financial risk for client | Client bears financial risk |
| Maintenance | Provider handles maintenance | Provider handles maintenance | Client responsible for maintenance |
| Flexibility | Flexible financing options | Flexible financing options | Limited flexibility in financing |
| Scalability | Scalable for future expansion | Scalable for future expansion | Scalable for future expansion |
| Environmental Impact | Reduces carbon footprint | Reduces carbon footprint | Reduces carbon footprint |
| Tax Incentives | Dependent on ownership structure | Dependent on ownership structure | Available to system owner |