Importance of Installing RESCO Model

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Today, everyone is aware of the harmful effects of electricity production by fossil fuels. Hence, people worldwide are looking for clean and renewable energy sources to reduce pollution. Solar power is one of the best sources of clean energy present in nature. And rooftop solar plant installation is an excellent way to convert solar energy into electrical energy.
The Renewable Energy Service Company (RESCO) model is a type of solar rooftop that has various advantages. The importance of installing this model is discussed in this article.

1. Zero Upfront Investment

The RESCO model is a zero-investment model. The developers remain the owners of the solar plant in this system. Hence, they have to pay for all the installation costs. A Power Purchase Agreement (PPA) takes place between the rooftop owners and the developers. The rooftop owners have to pay only the pre-decided monthly tariff mentioned in the PPA. It is significantly low as compared to grid electricity tariffs provided by state companies. This model is a low-cost option than other rooftop solar plant models in the market. Hence, financial restraints will not be a potential barrier by using this system of solar rooftops.

2. No Maintenance or Operational Costs

The best thing about RESCO solar rooftops is that the responsibility of maintenance is entirely on the developer. The developer companies have a team of engineers who look after all the maintenance works. They aim to maximize the performance of the plant by ensuring that the system is running efficiently. Hence, the rooftop owners do not need to take any hassles or pay any operational or repair costs.

3. Government Support

Governments all over the world are promoting solar solutions. Many governments provide subsidies to developers and users of solar rooftop systems. This increases the cost-efficiency for such rooftop panels. Often, people hesitate to install solar plants due to the significant investments involved. For them, this model can be an ideal option for commercial, residential, as well as industrial use.

4. Provides Better Monitoring

RESCO model allows users to keep track of consumption and load. This data helps people in managing their energy expenditure. Moreover, it aids the developer to make the solar plant more energy efficient. All these features make the RESCO model extremely beneficial.

Conclusion

For those who are looking for a hassle-free, low-cost installation of solar plants in their homes or workplace, the RESCO system is the ideal option. It requires zero investment and helps in reducing electricity costs. Moreover, the installer does not have to worry about the costs and troubles associated with maintenance. And the best thing is that the system does not cause any pollution like other energy sources. Hence, it can be an excellent solution for people who care about the environment.

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