QS WIDEX SOLAR’S BUSINESS MODELS
OPEX/RESCO MODEL SOLAR PROJECT
QS Widex Solar offers an OPEX/RESCO (Operating Expenditure/Renewable Energy Service Company) business model to provide sustainable solar energy solutions to clients without the need for upfront capital investment. Under this model, QS Widex Solar finances, installs, and maintains the solar energy system while clients pay for the energy consumed. This enables businesses to benefit from clean energy while minimizing financial barriers.
How OPEX/RESCO Model Works:
- Initial Assessment: QS Widex Solar conducts an assessment of the client's energy needs, site suitability, and feasibility for solar installation. Based on this assessment, a customized proposal is developed outlining the solar energy solution and financial terms.
- Design and Installation: QS Widex Solar designs and installs the solar energy system on the client's premises, ensuring optimal placement and efficiency. The installation is completed by experienced technicians in compliance with industry standards and regulations.
- Ownership and Operation: QS Widex Solar retains ownership of the solar system and is responsible for its ongoing operation and maintenance. This includes monitoring system performance, conducting regular inspections, cleaning panels, and handling any necessary repairs..
- Power Purchase Agreement (PPA): The client enters into a PPA with QS Widex Solar, agreeing to purchase the electricity generated by the solar system at a predetermined rate. The PPA typically spans a long-term contract period, such as 20 years.
- Energy Billing: The client receives a monthly electricity bill from QS Widex Solar based on the energy consumed from the solar system at the agreed-upon rate. This rate is often set lower than the prevailing utility rates, providing immediate cost savings to the client.
OPEX Offerings to Clients:
Turnkey Solution: QS Widex Solar offers a complete turnkey solution, handling all aspects of the solar project from financing and installation to monitoring and maintenance.
Cost Savings: Clients benefit from immediate cost savings on energy bills without the need for upfront capital investment. The OPEX/RESCO model enables clients to access clean energy at competitive rates.
Risk Mitigation: QS Widex Solar assumes the risks associated with solar system ownership, including maintenance, equipment failure, and technological obsolescence, providing peace of mind to clients.
Customized Solutions:QS Widex Solar designs customized solar solutions tailored to the unique energy needs and site conditions of each client, ensuring maximum efficiency and savings.
Benefits of OPEX/RESCO Model:
Cost-Effective:Clients can adopt solar energy without the burden of upfront costs, making it a cost-effective solution for businesses of all sizes.
Financial Flexibility:The OPEX/RESCO model allows clients to pay for solar energy consumed rather than owning the system, freeing up capital for other business priorities.
Sustainability:By transitioning to solar energy, clients reduce their carbon footprint and promote environmental sustainability, contributing to corporate social responsibility goals.
Long-Term Partnership:QS Widex Solar establishes a long-term partnership with clients, providing ongoing support and service throughout the lifecycle of the solar project, ensuring continued performance and savings.
CAPEX MODEL SOLAR PROJECT
The CAPEX (Capital Expenditure) business model for solar projects by QS Widex Solar enables clients to own and operate their solar energy systems. Under this model, clients make an upfront investment in the solar infrastructure, which generates electricity for their own consumption. QS Widex Solar provides end-to-end services, including system design, installation, and ongoing maintenance, to ensure optimal performance and maximum return on investment for clients.
How it Works:
- Initial Consultation and Assessment: QS Widex Solar conducts an initial consultation with the client to understand their energy needs, site characteristics, and financial goals. A comprehensive assessment is carried out to determine the feasibility and potential benefits of installing a solar system.
- System Design and Proposal: Based on the assessment, QS Widex Solar designs a customized solar energy system tailored to the client's requirements and site conditions. A detailed proposal is presented to the client, outlining the system specifications, expected energy production, financial analysis, and return on investment.
- Commissioning and Grid Connection: After installation, the solar system undergoes commissioning to ensure all components are functioning properly and safely. QS Widex Solar facilitates the grid connection process, coordinating with the utility to enable seamless integration of solar power into the client's electricity supply.
- Operation and Maintenance (O&M): QS Widex Solar offers comprehensive O&M services to ensure the ongoing performance and reliability of the solar system. This includes regular inspections, cleaning, monitoring, and proactive maintenance to maximize energy production and longevity.
CAPEX Benefits for Clients:
Ownership and Control: Clients own the solar energy system, allowing them to benefit from long-term energy savings, tax incentives, and other financial benefits associated with solar ownership.
Financial Returns: With a CAPEX model, clients can realize a faster return on investment compared to other financing options, as they capture the full value of energy savings and incentives over the system's lifespan.
Energy Independence: By generating their own electricity onsite, clients reduce dependence on grid-supplied power and mitigate exposure to rising utility rates, enhancing energy security and stability.
Environmental Impact: Solar systems help clients reduce their carbon footprint and demonstrate a commitment to sustainability, contributing to corporate social responsibility goals and environmental stewardship.
Long-Term Asset: A solar system represents a long-term asset with potential resale value, enhancing the property's value and marketability over time.