Greener Investment Models that help you save tax

Investing in renewable energy production projects can help establish secured future for generations to come. Indian Government looks up to the Solar EPC Companies in India to create awareness and to put the plans into action as well. That is why; these companies are seriously working towards making the solar energy based electricity generation projects more inclusive in nature. Of all other avenues of saving tax, renewable energy production projects fetch more saving on tax. In addition, the investment pays you in a variety of ways for more than 10 years.

Solar EPC Companies in India need open spaces for setting up solar panels and for developing the energy production houses. Rooftops in a number of states of India receive ample sunlight for major portion of the year and therefore, are seen as potential sites for developing solar power houses. To encourage people for investing in rooftop establishment projects, the renewable energy companies in India have come up with two investment models.

Opex Model: Opex model requires the investor to either pledge the rooftop of his premise to the installation of solar power plant or allows him to invest in the project which is set up in a common location. So, in order to invest in Opex Model, Solar EPC Companies in India do not require you to have a space of your own necessarily for saving tax by being part of a solar power generation project. The advantage of Opex Model is that you have access to solar power which is anyway lower than the electricity generated from thermal power plants. This means you cut on both the tax liability and the electricity bill substantially.

Capex Model: In Capex Model, the consumer can own the whole of establishment engaged in electricity generation project. So, if there is a set-up like an established solar power plant, you can take ownership of this plant and become responsible for its running as well as maintenance. This model requires you to be more dedicated to the cause and expects you to have ample capital as well as workforce that can ensure smooth running of the solar power plant. In lieu of your investment, you will get electricity which comes to you with no bills attached; and it also allows you to enjoy more saving on tax. Solar EPC Companies in India that are engaged in large scale power generation projects based on solar energy needs more and more people to think about this investment model.

Choose the one that suits your investment requirements and become instrumental in making the future greener.