KSL Cleantech Limited is one of the largest Solar Power installation Networks, powered by an experienced team of design and integration experts, with a mission to meet the diversified solar power requirements at the most competitive costs and hassle-free operations without recurring expenses...
In India, solar energy has surpassed its initial stage. It is unconventional energy which can reduce the overall cost of producing electrical energy. There are various solar power modules that have evolved over the days. These are followed by different solar power suppliers across the country.
The two most popular solar power modules are Capex and Opex. Capex is the abbreviation for Capital Expenditure Solar module, and Opex means Operational Expenses Solar Module. These modules are popular among the best solar companies in West Bengal for different features and benefits.
This blog contains detailed information and basic differences between Capex and Opex. The detailed comparison between the two will help one to decide the best solar power installation model that suits their purpose.
The schemes of Capex and Opex Solar models vary greatly from one another. In the Opex model, the solar panel of a customer will be installed and maintained by a Renewable Energy Service Company. It is typically a 10-year contract where the customer doesn’t need to spend a single penny from their pocket.
However, in the Capex model, a customer has to spend money in order to install the power plant. The plant remains as the personal property of the user.
Due to accelerated depreciation, the Capex solar plant owners will get huge tax benefits. They can get as much as 60% tax depreciation in the first year. The corporate income tax gets slashed by 25-30%, leading the buyer to recover 18% of their investment. However, the clients of Opex models cannot enjoy any such tax benefit.
The Capex solar model users generally do not have to pay any bill for the generated electricity. Opex users have to pay their share for this feature. However, this revenue doesn’t include any additional cost.
In Capex Model, the return on investment is received through electricity generation. The Opex model guarantees a high return on investment as well. It is 20-40% more efficient than the normal grid electricity tariff.
To get best-in-class solar panels from our end, you can contact a trusted source like KSL Cleantech Ltd. we are known as one of the best solar companies in West Bengal. Our team of experts are known to design and manufacture different types of solar units. One can visit our website for more details.
