Commercial Solar Power

COMMERCIAL & INDUSTRIAL

Solar Power for industrial, commercial and large-scale buildings

Businesses throughout the India are under cost pressure as energy prices go through the roof. Ironically, the roof is precisely where the solution to our energy crisis might lie. Solar energy generation on the rooftops of commercial premises delivers clean, inexpensive electricity directly into a building’s existing grid connection point, relieving heavy energy users of much of their cost burden.

When it comes to industrial solar rooftop, Ekam Energy takes the lead with its state of the art solutions. Investment in Tata Power Solar industrial rooftop solution ensures return on investment by reducing your electricity bills. Tata Power Solar’s customized rooftop solutions have helped multiple industrial, commercial and institutional customers implement sustainable solar power solutions, thereby reducing their carbon footprint while making sound fiscal sense for them.

From embedding safety in the core product design to safe work practices in the installation of industrial solar rooftop, safety is a core value at Tata Power Solar and is one of our key differentiators.

Businesses can depriciation benefits under grid tie rooftop solar policy:

• Section 32 of IT Act provides Accelerated Depreciation of 80 % of the invested capital to professionals companies with tax liability. Investors can thus, set off their tax liability on the taxable income to the tune of 80% in the 1st year, and subsequently 20% in the 2nd year.

• Accelerated depreciation can reduce costs during the project’s start up year. Accelerated depreciation is widely used as an incentive to lessen the burden of tax. Accelerated depreciation (AD) allows investors to take advantage of up to 80% of the project cost.

• It is availed simply by reducing the tax a commercial organisation would pay. Say, if 80% depreciation is available, then the organisation can save the tax (it would have otherwise paid) on 80% of the value of the system. So if they are paying 30% tax, the accelerated depreciation benefit will be 30% of 80% of the system cost.