Introduction
Solar Energy – RESCO helps the consumer to pay only for the electricity generated without investing on associated systems and infrastructure and spending on regular maintenance of the entire system
In Environ Energy’s RESCO business model, there will be a Power Purchase Agreement (PPA) for a defined period in which, the consumer will not have to go through the hassles of investing any upfront money, but will only pay on a per unit price for the power required
The rooftop of a consumer will be sublet to a project developer for a monthly rent in the local micro utility model. Solar PV power projects will be set up by Environ without Consumer incurring any CAPEX investment on the subletted rooftops for a fixed term and in turn consumers will have access to independent and continuous green, cost effective, reliable power supply during the PPA contract period.