RESCO MODULE
The RESCO model is a zero-investment approach in which the user pays solely for the electricity generated, but the RESCO developer owns the solar plant. Without worrying about related operations and maintenance problems, you may take pleasure in the electricity produced. All you must do in exchange is pay a monthly rate that has been predetermined and is less than or equal to the current grid electricity tariff.
The RESCO developer owns the solar plant. This contrasts with a solar EPC or capex offer, where the consumer owns the system and spends upfront. Without worrying about related operations and maintenance problems, you may take pleasure in the electricity produced. All you must do in exchange is pay a monthly rate that has been predetermined and is less than the current grid electricity tariff.
Ongoing assistance with operations and maintenance
As previously stated, Livestrong Renewables assumes full ownership and responsibility for the system's upkeep and operations for the remainder of its lifetime in its capacity as the RESCO developer. We will choose skilled engineers who will optimize plant performance to guarantee the RESCO model solar power system operates effectively.
Improved load and consumption monitoring
With its RESCO model projects, Livestrong Renewables provides a remote mentoring system that guarantees real-time analytics of energy data. This helps Livestrong Renewables Pvt. Ltd. to run the plant more successfully and to react more swiftly and efficiently. It also allows you to see your load and energy usage patterns.
PPA MODULE
In a solar power purchase agreement (PPA), a company installs solar panels on their land, covering most of the expenses. You then purchase the electricity generated at a unit rate, which is typically lower than your current electricity bill. This reduces your overall energy costs while allowing the company to profit from selling the power and any associated incentives during this agreement, which typically lasts 10 to 25 years.
PPAs can pay for all project costs, and the cost of power obtained from the supplier is usually less than that of retail electricity. As a result, the customer's PPA cash flow is frequently positive from the start.
Third-Party Management and Functioning
A PPA spares the client the hassles and hazards of equipment ownership by having a third party install, own, and maintain the energy system.
Not on the Balance Sheet
The PPA's recurring payments are viewed as operating expenses, much like those on a typical utility bill, and are intended to function as an off-balance sheet financing solution.
Accountable Prices for Energy
PPAs shield customers from utility rate changes over time and lock in energy pricing at a predetermined rate.
CASH AND CARRY MODULE
Our Cash and Carry allow you to invest upfront in a solar system for your home or business. You'll own the panels outright and enjoy the long-term benefits of clean energy generation and lower electricity bills. While upfront costs apply, this option offers you full ownership and control over your solar system.
You can purchase solar panels for your residence or your company with our Cash and Carry option, which requires a one-time expenditure. Yes, there is a one-time cost. But after that, they are completely yours to own. No more hassles with rentals or monthly costs. Purely environmentally friendly electricity production, day in and day out, year in and year out. You are the master of your very own power plant! Over their lifetime, the panels gradually offset the expenses of your electricity bill, leaving you with long-term savings. Although the layout is larger up front, you create a lovely asset and respect the surroundings at the same time. The cash-and-carry option allows you to retain ownership and control inside the family.
Comparison Chart
| Point | CAPAX/CASH CARRY | OPAX/RESCO/CASHLESS |
|---|---|---|
| Investment | 100% investment borne by customer | Zero upfront investment by the customer. Can instead invest that capital into its core business. |
| Management Approval Timelines | Typically requires long lead time for CAPEX approvals at senior management level | Quickly replicable and scalable because additional projects don’t need internal CAPEX approvals |
| What You Pay For | Pay only for O & M charges after system purchase | Pay only for electricity generated, no hidden costs |
| Per Unit Saving | Capital repaid through generated electricity | 20-40% cheaper than Grid electricity Tariff |
| Payback | As high as 4 years | Savings from day 1 (Zero days) |
| Technical Know How | Dedicated team needed at customer’s end to evaluate system design, installation and operation | Company handles all technical matters |
| Performance Risk | Customer bears all the performance risk and must manage equipment & downtime losses | The company bears all the performance risk and is incentivized to maximize generation because revenues are linked entirely to generation. Till the installment period |
| Regulatory Risk & Approvals | Owners prerogative | Company prerogative |
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