Key components of RESCO

Submitted by SolarPanelDealer | August 3, 2023, 13:24:12 | Technology

Solar Installation: The RESCO provider is responsible for designing and installing the solar power system on the customer’s property. This includes the installation of solar panels, inverters, mounting structures, and necessary electrical components.

2. Ownership and Operation: The RESCO company retains ownership of the solar power system throughout the agreement’s duration, typically ranging from 10 to 25 years. The RESCO provider is also responsible for operating and maintaining the system during this period.

3. Power Purchase Agreement (PPA): The PPA is the contractual agreement between the customer and the RESCO company. It outlines the terms of the solar power purchase, including the agreed-upon tariff and the duration of the contract.

Source: https://www.jaysis.ai/comparison/

Tags: 3kw solar panel price in india, Capex, Opex
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