CAPEX MODLE
CAPEX (EPC MODEL)
If you are looking to cut your electricity bills or your carbon footprint, using renewable sources of energy is the place to start. If you are willing to make the upfront investment in owning a renewable energy plant then an EPC Model (Engineering, Procurement, and Construction) or CAPEX Model is the answer to your needs.
SOLAR ROFFTOP SYSTEMS
ONGRID SOLAR OR GRID TIE SOLAR SYSTEM
On-grid means your solar system is tied to your local utility's GRID. This is what most residential homes will use because you are covered if your solar system under or over-produces in regard to your varying energy needs. These systems do not need any batteries and are connected to the utility grid power. It is best suited for customers with stable grid power and minimal power cuts. Other than homes, even educational institutions, industrial units, commercial establishments use these systems as their primary source of power.
OFFGRID SOLAR SYSTEM
An off-grid solar system is a solar panel system that generates electricity, stores that power in solar batteries, and runs independently from the power grid. These systems encourage off-the-grid living, a lifestyle centered around energy independence and self-sustainability. Off-grid solar provides a way to power remote locations where utility power is either unavailable or where it would be too expensive to run power lines. This option allows you to live more self-sufficiently and power vacation homes or cabins located far away from populated areas.
HYBRID SOLAR SYSTEM
A solar hybrid system is a renewable energy system that uses solar photovoltaic (PV) panels to generate clean energy to power your home. A hybrid solar system intelligently switches between using solar power, battery storage and grid power. It allows you to avoid using grid power at peak prices leading to bill savings. You'll use less grid electricity than you would with a traditional grid-tied system. While hybrid setups are grid-tied, they come with solar battery storage, which means you can maximise consumption of the power generated from the panels.