Here are the key benefits of RESCO mode solar installations ​ 1. ZERO UPFRONT CAPITAL INVESTMENT BY THE USER ​ One of the most significant advantages of the RESCO model is that it eliminates the need for large upfront capital expenditure. Instead of investing in the solar installation, the end user (such as a commercial enterprise, government agency, or individual) enters into an agreement with the RESCO provider, who covers the costs of installation, operation, and maintenance. This reduces the financial burden on the consumer and allows them to access solar power without needing to make a significant financial commitment. ​ 2. FREE OPERATIONS & MAINTENANCE ​ In a RESCO model, the third-party service provider is responsible for the operation and maintenance of the solar system. This means that the end user does not have to worry about the ongoing performance or maintenance of the system. The RESCO provider typically guarantees the system’s performance for the duration of the contract, ensuring that the solar system is properly maintained and operates at optimal efficiency. ​ 3. THE END USER GETS A LOWER & PREDICTABLE ELECTRICITY BILL  ​ Although there is no upfront investment, the RESCO model allows users to benefit from lower electricity bills by using solar energy. The agreement typically involves a Power Purchase Agreement (PPA) or a Lease Agreement, where the consumer buys the energy produced by the system at a fixed rate, which is often lower than the prevailing grid electricity prices. Over time, every year the rate of grid electricity escalates but the purchase rate of solar electricity remains fixed & so the electricity bill is predictable also.  ​ 4. FINANCIAL FLEXIBILITY ​ RESCO model contracts can vary in duration and payment structure, which offers greater flexibility for consumers. The terms can be designed to suit the specific financial needs of the end user. This model also allows businesses and individuals to avoid taking on debt or using other capital resources to fund their solar installation, thereby maintaining financial flexibility. ​ 5. PERFORMANCE GUARANTEE ​ RESCO providers typically offer performance guarantees, ensuring that the system will generate a specified amount of energy over the course of the contract. This provides peace of mind to the end user, knowing that the system will meet expectations in terms of energy production. If the system underperforms, the RESCO provider is usually responsible for making adjustments or compensating the consumer. ​ 6. PROVISION OF STATE OF THE ART TECHNOLOGY ​ Solar technology is continually evolving, and RESCO providers often use the latest and most efficient equipment available. As part of the service, they are responsible for upgrading or replacing the equipment as technology improves, ensuring that the system remains up-to-date and efficient. The end user does not need to worry about the technological obsolescence that might come with owning a solar system outright. ​ 7. ENVIRONMENTAL BENEFITS ​ The RESCO model encourages the use of renewable energy, which helps reduce reliance on fossil fuels and decrease greenhouse gas emissions. By adopting solar power without the financial burden of installation, more businesses and individuals can transition to sustainable energy, contributing to environmental conservation and supporting global efforts to combat climate change. ​ 8. SIMPLIFIED PROCESS FOR CONSUMERS ​ In the RESCO model, the installation process is streamlined for the consumer. The RESCO provider takes care of all aspects of the project, including permitting, design, installation, and grid connection. This eliminates the complexities and time-consuming aspects that might otherwise discourage consumers from investing in solar energy. ​ 9. SCALABILITY ​ For businesses and organizations that need to scale their energy consumption, RESCO providers can offer flexibility in terms of the size and capacity of the solar installation. As energy needs grow or fluctuate, RESCO providers can modify or expand the system to meet the changing demand, without the end user needing to invest in or manage additional installations themselves. ​ 10. FINANCIAL INCENTIVES ​ Many RESCO models are eligible for government incentives, subsidies, and tax credits designed to promote the use of renewable energy. This can further reduce the cost of solar power for end user, making it an even more attractive option. ​ WHY RESCO IS THE BEST MODEL TO ADOPT GREEN SOLAR ENERGY ​ The RESCO model offers numerous advantages for those looking to adopt solar energy, particularly when upfront capital investment is a barrier. By providing access to solar energy without significant financial outlay, reducing the risks associated with system operation and maintenance, and ensuring long-term savings, the RESCO model is an attractive option for many consumers. Furthermore, it facilitates the growth of clean, sustainable energy use, contributing to environmental and economic benefits on a broader scale.