GO SOLAR & SAVE MONEY
START SAVING MONEY ON ENERGY RIGHT AWAY
Homeowners who go solar with RVRE stand to save tens of thousands of rupees or more on energy over the lifetime of their system. Often, homeowners can go solar with zero money down and start saving money right away.
You deserve a better deal on energy.
RVRE CAN HELP YOU GET IT.
Most homeowners are very familiar with the idea of comparison shopping. With nearly everything we buy – groceries, mobile phones, home and auto insurance, and more – we do our research and weigh the value of certain products and services with their costs.
Home energy has long presented a gap in homeowners’ ability to comparison shop. In most cases, homeowners simply have to connect with the utility that services their area and pay the rate that utility assigns.
With RVRE, homeowners have the ability to comparison shop their utility. Going solar can save you money on energy, allow you to use more without fearing dramatic bill spikes, and protect you from arbitrary rate increases.
1. OFFSET YOUR BILL
2. PRODUCE YOUR OWN POWER
3. REAP THE REWARDS FOR YEARS
BUILD SERIOUS ROI
WATCH YOUR INVESTMENT GROW FOR DECADES
Solar is a stable, predictable investment that will build value for years to come. Make a bet on the sun coming up every morning – if it doesn’t work out, we’ve got bigger problems on our hands.
Turn your roof into a valuable asset.
Investing In Solar Carries Benefits Aside From The Money You’ll Keep In Your Pocket And Out Of The Hands Of Your Utility. Going Solar Gives You A Valuable Asset That Increases The Value Of Your Home And Can Help It Sell Faster.
TAKE ADVANTAGE OF INCENTIVES
GET MONEY BACK BY GOING SOLAR
You Could Be Eligible For Great Incentives To Go Solar, Including Thel Solar Investment Tax Credit, In The Form Of Accelerated Depreciation Which Puts 25% Of The Value Of A New Solar System Back In The Homeowner’s Pockets.
Additional Benefit
Accelerated Depreciation
Depreciation is 20 % on plant and machinery for any business and in the case of Solar power generation, in order to incentivize the entrepreneurs to enter into the Solar power generation market, the Government of India has allowed claiming 80% depreciation in year one of the commissioning of the Solar power generation plant.
For example:
Assuming that the total current project cost is Rs7crores.
If a Solar power generation plant costs Rs7crores, the company setting up that plant can claimn 80 % depreciation in the first year itself. Depreciation of 80 % is allowed on plant and machinery of the Solar power plant.
Deducting Rs20 lakhs (approximately) from the project cost for land costs, which are eligible for only 10 % depreciation, we get Rs6.80crores.
80 % of this is Rs5.44crores. This can be depreciated in a new Solar power generating plant in year one itself. This is why they call it Accelerated Depreciation (depreciating 80% in one year instead of 20%).
33.99% of Rs5.44cr is about Rs1.85 cr.
So, in a Solar power generation plant of Rs7crores, Rs1.85cr is the tax saving that the company gets using Accelerated Depreciation.
AD benefit in year one is Rs1.85 cr.
So, the actual project cost of solar power plant for an AD client is Rs5.15cr
In fact the Accelerated Depreciation or AD client will be able to depreciate 20% of the written down value of the project, next year. Thus the saving in taxes will be nearly Rs2.1crores. Thus making the investment as low as Rs4.69 cr.
Renewable Energy Certificates (RECs)
RECs are tradable certificates that provide an incentive to those who generate green power by providing financial incentives for every unit of power they generate. The solar rooftop is eligible for issuance of RECs as specified under Central Electricity Regulatory Commission. It will benefit C&I sector to attain carbon neutrality.
DECLARE ENERGY INDEPENDENCE
POWER YOUR LIFE WITHOUT COMPROMISE
Energy powers our lives. Make yours more comfortable, efficient, and affordable by going solar, and break free from the whims of your utility company.
You deserve a better deal on energy.
RVRE CAN HELP YOU GET IT.
RUN THE A/C MORE
KEEP THE POOL COMFORTABLE
OWN YOUR POWER
AVOID OUTAGES
Live more comfortably.
One of the primary reasons to gain energy independence is to enjoy more of the comforts of modern electricity, guilt-free and worry-free. Many homeowners know what it’s like to swelter through the summer, hesitant to turn the thermostat down a few more ticks to a comfortable level for fear of an eye-popping bill at the end of the month.
Going solar is a great way to lift the burden of energy budgeting from your shoulders. You’ll get a better deal on energy, allowing you to use more of it for a similar or lower cost. This means a more comfortable lifestyle without the increased bills you’d expect by going through the utility.
Go Green
GO SOLAR, HELP SAVE THE WORLD
Bring your home into the future.
RVRE CAN HELP YOU GET IT.
Homeowners love our easy-to-use monitoring portals that show real-time and long-term solar production stats on any device. But solar monitoring is just scratching the surface.
RVRE offers additional smart home accessories that will help you take control of your home energy use, getting even more value from your solar investment. Interested in monitoring energy consumption down to individual devices? What about programming your thermostat to keep your home at peak comfort levels based on time of day? RVRE can help you achieve those ends and more.
RVRE offers Sense smart home technology, along with other valuable add-ons, to help our customers get even more value out of their solar investment.
RVRE IS MAKING SOLAR SMARTER
HARNESS THE LATEST IN SMART HOME TECHNOLOGY
Going solar is the perfect opportunity to embrace smart home technology. Make your life run smoother and get even more value from your solar investment with smart home add-ons.
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