Can I sell my solar panels?
The solar panels are part of a long-term lease agreement spreading over 10 -15 years, much like purchasing solar panels for your home. The current structure doesn't allow for the resale or trade of individual panels.
While we may explore the possibility of a secondary market in the future, there's no guaranteed timeline for such a feature. It's advisable to approach the purchase with the expectation that selling the panels in the future may not be an option. Our primary focus is on offering a stable, long-term investment, and any potential changes will be communicated transparently to our investors.
Related Articles
Who holds the ownership of the solar panels that I purchase?
You, as investors, own the panels and lease them to Vested, who installs and manages the solar project.
Is it safe to purchase solar panels? Is there any insurance?
Yes, solar assets in a RESCO (Renewable Energy Service Company) model typically come with insurance to ensure their safety and protection. This insurance coverage is designed to mitigate risks and provide financial security for all - the RESCO ...
What are the tax implications of purchasing solar panels?
The returns on your investment are taxable at your marginal rate of taxation. There are two broad ways to arrive at the Taxable Income Profit and Gains of Business or Profession (PGBP) Profit and Gains of Business or Profession (PGBP- Presumptive) ...
Can businesses invest in Vested Solar?
Yes, both Indian businesses and Indian individual investors can buy solar panels and invest in the projects listed on Vested. NRIs can also participate, but we cannot accept funds from NRE or NRO bank accounts due to the escrow limitations.
Why should I be a part of Vested Solar deals?
Stable passive returns Grow your wealth with monthly cash flows and get 10%+ stable ROI Sustainable energy generation Our solar projects generate clean electricity, which not only generates income for you but also helps reduce the carbon footprint ...