Solar Without Buying the Plant: How OpEx Solar Works for Businesses

Many businesses want to switch to solar but hesitate because buying and installing a solar plant requires a large upfront investment.

There is another way.

With the OpEx (RESCO) solar model, businesses can use solar electricity without purchasing the solar plant themselves.

What Is the OpEx Solar Model?

OpEx stands for Operational Expenditure. Under this model, a solar developer invests in, installs, operates, and maintains the solar system at your property.

Your business simply purchases the electricity generated by the plant at an agreed rate through a Power Purchase Agreement (PPA).

In other words, you get solar power without having to buy the equipment.

For a step-by-step walkthrough, read What is Solar OpEx?

How Does OpEx Change Things for Businesses?

No Large Upfront Investment

You don't need to spend a large amount buying a solar plant. Your business can keep its capital available for other priorities.

Lower Electricity Costs

You purchase solar electricity at an agreed rate, which can be lower than your existing grid tariff. This helps reduce your monthly power expenses.

See what drives your bill and how to reduce business electricity costs.

No Maintenance Hassles

The solar developer takes care of system operation and maintenance as agreed in the contract.

Make Use of Available Space

Solar isn't limited to rooftops. Suitable open land, parking areas, large sheds, and other unused spaces can also be considered, provided they have sufficient sunlight and limited shading.

Not sure your site qualifies? Check the solar space requirements before you start.

Is OpEx Solar Right for Your Business?

Factories, warehouses, offices, hospitals, hotels, and other commercial facilities with suitable space and regular electricity consumption can explore this option.

Read more about solar for factories and solar for warehouses.

At Vividh Ventures, we help businesses understand their solar potential and explore OpEx solar solutions with zero* upfront investment.

You don't necessarily have to buy a solar plant to benefit from solar power. You just need to find the right arrangement for your business.

Book a free Solar Feasibility Assessment with Vividh Ventures today!

*T&C apply.