SOLAR FAQs

Frequently Asked Question Related To Solar

What are my solar buying and financing options?

There are three buying and financing options for solar.
  • Buying a Solar PV system (CAPEX Model): You purchase the Solar PV system upfront and can avail various bank loan options to finance your Solar PV system.
  • Buying only solar power (RESCO Model): A solar power developer owns the Solar PV system setup on your rooftop/ land. You only pay for the generated electricity at a pre-agreed tariff. This usually requires a long-term buying commitment and guarantees from your side and entails a lengthy credit appraisal process.
  • Equipment leasing: An equipment leasing company will lease the Solar PV system to you and will charge you a fixed monthly/ periodic fee. This also requires long term commitments and guarantees from buyers. However, equipment leasing is not widely available as of now. Click here for more information.

 

My Sun Calculator

MYSUN Fights Air Pollution in Delhi/NCR- Processing Fees and
First EMI waived off for a Limited Time. Go Solar Now!

Close