CAPEX Solar Projects: Empowering Manufacturing Businesses
In the CAPEX (Capital Expenditure) model for solar installations, the consumer pays the total upfront cost for the solar system. This ownership grants access to tax benefits and depreciation advantages. While the initial investment is higher, energy savings allow consumers to recover it within 5-6 years. In contrast, the *OPEX* (Operational Expenditure) model shifts responsibility to a third party, who sets up and maintains the solar plant. Consumers pay only for the electricity, enjoying risk-free power at negotiated tariffs. After the agreed tenure, ownership of the solar plant transfers to the consumer at no additional cost. 🌞🔆