One of the easy ways to finance solar system is with a solar loan; Solar panel loans are similar to home improvement loans that household owners uses for building a modular kitchen or bathroom to their homes. When a homeowner borrows money from a lender, they agree to pay it back, plus interest, in monthly installments over the loan term.

Heavy consumer of electricity (200 KW and above) goes with PPA option. PPA also known as pay-as-you-go model in which the solar panel system is installed by a third party who then bills the consumer for electricity usage on a monthly basis as per the agreed tariff.

Consumer can opt for either of the financing method after careful understanding of the trade off areas as per below

  • Ownership
  • Subsidy
  • Savings
  • Term

Rigava Solar helps homes, institution and SME/MSME avail loans for installing solar PV system . We recommend solar financing options by carefully understanding the requirement of end consumer WhatsApp: 9137074775 to know more.

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