In a groundbreaking move toward sustainable living, River View CHS, a residential housing society located in Lodha Palava, Dombivli, has successfully transitioned to solar power without any upfront investment. This remarkable transformation has been made possible through the innovative OPEX method offered by Minus CO2, a leading provider of solar energy solutions.
Harnessing the Power of the Sun with Zero Investment
The 60KW Solar PV System installed at River View CHS is a testament to the society’s commitment to reducing its carbon footprint while reaping substantial financial benefits. The OPEX model, also known as the Solar PPA (Power Purchase Agreement), allows the society to adopt solar energy without the burden of upfront costs. Instead, the society pays a fixed monthly fee to Minus CO2, which is significantly lower than their regular electricity bills.
Impressive Solar Generation and CO2 Mitigation
The Solar PV System at River View CHS generates approximately 6,750 units of electricity per month, totaling an impressive 81,000 units annually. This green energy production not only powers the society’s common areas but also contributes to significant environmental benefits. The system mitigates around 62 tons of CO2 emissions annually, making a substantial impact on the fight against climate change.
Substantial Financial Savings
One of the most compelling aspects of this solar project is the significant financial savings it offers. River View CHS is set to save up to 40% on its electricity costs, amounting to an estimated ₹ 12,96,000 annually. Over a 20-year period, the society’s savings are projected to reach approximately ₹ 3,13,63,200. These savings are achieved without any maintenance costs, as Minus CO2 takes care of all upkeep during the agreement period.
A Sustainable Future with Solar Power
What makes this project even more attractive is the fact that, at the end of the agreement term, the entire 60KW Solar PV System will be handed over to the society at no additional cost. This ensures that River View CHS will continue to benefit from clean, renewable energy long into the future, further solidifying its role as a pioneer in sustainable living.
Ready to Go Solar? Explore the OPEX Option with Minus CO2
River View CHS’s journey to solar power serves as an inspiring example for other residential societies considering the switch to renewable energy. If your society is ready to embrace solar power without any upfront payments, Minus CO2’s OPEX model offers a seamless and financially rewarding solution.
For more details, contact Minus CO2 at +91 9022 560 650 or visit www.minusco2.in.