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 provider, the customer, and you. The specifics of the insurance can vary, but it generally includes coverage for the solar panels during installation of the project and over the term of the PPA.
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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 ...
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.
PPA (Power Purchase Agreement)
A PPA is a legal agreement between a solar project developer (say, Vested) and a customer (company). In this arrangement, the customer agrees to purchase the electricity generated by the solar at a predetermined rate over an agreed-upon period. PPAs ...
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 ...
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 ...