COAL AVOIDED
Equivalent to tonnes of coal avoided over a period of 25 years
3,567 Tonnes
According to U.S. Energy Information Administration (2020), the average amount of coal used to generate a kilowatt hour (kWh) of electricity is 1.13 pounds.
246 kW Rooftop Solar for Residential Society in Maharashtra, India
Distributed Energy has entered into a 10-year loan agreement with our customer to finance a 246 kW rooftop solar project. The plant continues to deliver reliable clean energy, helping our customer achieve substantial savings on electricity costs while significantly reducing their carbon footprint.
Project Impact
CO2 OFFSET
Equivalent to tonnes of CO2 offset over a period of 25 years
5,091 Tonnes
According to the International Energy Agency (IEA), the CO₂ offset from solar in India is approximately 725 grams per kWh.
HEALTH IMPACT
Equivalent to tonnes of SO2 avoided over a period of 25 years
50 Tonnes
According to a study by the Department of Environmental and Occupational Health, University of South Florida, USA, the average SO2 emissions avoided over 25 years is 7.07 grams/ kWh.
CUSTOMER BENEFIT
Savings over a period of 25 years
Rs. 3,81,57,046
Customer Benefit is the estimated total savings over 25 years: the discounted tariff rate we offer vs the grid rate.
Project Details
The customer is a residential housing society in Maharashtra that has long relied on grid electricity, often at a premium cost and with limited reliability. To overcome this challenge and secure a more sustainable future, the society has chosen to transition to clean, dependable solar energy for its day-to-day needs.
Through a partnership with Distributed Energy, they are now set to achieve significant cost savings while reducing their carbon footprint and ensuring a more reliable power supply for their residents.
Investment Details
- Agreement Type: Lease
- Project Type: Rooftop
- Plant Cost: View Plant Cost
- Expected Project IRR: >15.5%
- IRR with loan: >18.5%
- Depreciation Available: No
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