Captive Solar

If your business consumes large volumes of electricity, you could save money with Open Access solar and get closer to meeting your RPO’s (Renewable Purchase Obligation) and long-term energy transition goals.

In iPower RE’s Captive model, businesses can purchase power-generating assets in their entirety, and all solar power generated off-site, is then used for their own consumption. As the business owner and buyer, all you need to do is make an initial capital investment in the solar plant, then sit back and reap the rewards as we build, operate and maintain it throughout its lifetime.

Benefits of the Captive model under Open Access solar

There are several worthwhile and significant benefits of the Captive model, the most pertinent of which are detailed below:

☀️ Meet as much as 80% of your requirement from renewables, businesses can make real savings with solar power, while gaining clarity and certainty of price-per-unit of electricity to help them budget better

☀️ Cross-subsidies surcharges and additional surcharges are waived

☀️ Additional surcharge under ‘captive’ model for open Access, waived

☀️ You’ll be eligible for tax benefits under ‘Accelerated Depreciation’ because you own the asset on your books

☀️ Transitioning to solar power is quick and simple with iPower RE, we take care of every aspect of the project with our comprehensive and fantastic value, end-to-end service