CHOPTA POWER

Our Solutions

At CHOPTA Power, we provide a comprehensive range of solar energy solutions tailored to meet the diverse needs of our clients. Whether you’re a homeowner, a business, or an industrial facility, our innovative solar systems are designed to help you harness the power of the sun efficiently and effectively. Explore our solutions to find the perfect fit for your energy needs.

Residential Solar Solutions

Our residential solar solutions are designed to help homeowners reduce their energy bills and carbon footprint. We offer:

  • Custom Solar PV Systems: Tailored to your home’s energy consumption and architectural design.
  • Seamless Installation: Professional installation ensuring minimal disruption and maximum efficiency.
  • Maintenance and Support: Ongoing maintenance and support to keep your system running smoothly.
     

Commercial Solar Solutions

Businesses can benefit significantly from solar energy by reducing operational costs and demonstrating environmental responsibility. Our commercial solutions include:

  • Solar PV Systems for Businesses: Custom-designed systems for offices, retail stores, and commercial buildings.
  • Energy Storage Solutions: Batteries and other storage options to ensure a reliable power supply.
  • Financing Options: Flexible financing models, including CAPEX and OPEX, to suit your budget and financial strategy.

Industrial Solar Solutions

Industrial facilities have unique energy needs, and our industrial solar solutions are engineered to meet those demands. We offer:

  • Large-Scale Solar Installations: High-capacity systems designed for factories, warehouses, and other industrial facilities.
  • Energy Efficiency Upgrades: Solutions to optimize energy use and enhance overall efficiency.
  • Sustainability Consulting: Expert advice on integrating solar energy into your sustainability strategy.
     

Understanding Solar Financing: CAPEX vs. OPEX Models

If you plan to go solar, you have two primary financing options: making an upfront investment or letting a third party invest in the system. These options are known as the CAPEX and OPEX solar models, respectively. Each has its pros and cons, but whether you own your system or not, switching to solar will help you reduce your monthly energy expenses by at least 70-80%.

How do you decide which type of system is right for you? Let’s take a closer look at the CAPEX and OPEX models.

CAPEX Solar Model

In the CAPEX (Capital Expenditure) model, the consumer pays for the equipment, installation, operation, and maintenance of the solar energy system. Essentially, the consumer bears the capital expenditure of the solar installation.

While this model is cost-intensive, it provides the consumer with complete ownership of their solar asset. This ownership comes with several benefits, including tax and depreciation advantages, and the ability to send excess energy back into the grid for compensation.

Consumers also have the option of availing a solar loan, which reduces the financial burden of investing in solar without compromising on the benefits.

Advantages of CAPEX:

  • Complete ownership of the system, with access to tax benefits, government subsidies, and rebates.
  • Faster return on investment.
  • Full protection against rising electricity tariffs for at least 25 years.

Disadvantages of CAPEX:

  • High initial investment.
  • The consumer bears the risks and uncertainties involved in owning and maintaining the plant.

OPEX Solar Model

The OPEX (Operational Expenditure) model shifts the responsibility of the solar plant to a third party and mitigates some of the drawbacks of the CAPEX installation.

A consumer who wants to switch to clean energy but doesn’t have the capital ready to make the transition can ask a Renewable Energy Service Company (RESCO) to set up a solar plant. In this model, the consumer provides the space, and the developer invests in the equipment, installation, commissioning, and maintenance of the plant. This setup is also known as the land lease model.

What does the consumer get out of it? Cheaper and risk-free electricity!

The consumer enters into a Power Purchase Agreement (PPA) with the solar developer for a fixed tenure (between 15-25 years). During this period, the developer provides energy at a negotiated tariff, which is cheaper than grid power. Once the PPA expires, the rights of the solar plant are transferred to the consumer at zero cost.

Advantages of OPEX:

  • The consumer only pays for the electricity consumed.
  • The investment and performance risk is borne by a third party.
  • The developer takes care of the operations and management of the plant.

Disadvantages of OPEX:

  • The developer avails the tax benefits and rebates.
  • Longer breakeven period.

Choosing between the CAPEX and OPEX models depends on your financial capacity and energy goals. If you have the capital and prefer full ownership and control, the CAPEX model is ideal. If you prefer a low-risk, no upfront cost solution, the OPEX model is the way to go. Either way, switching to solar energy will significantly reduce your energy expenses and contribute to a more sustainable future.