Do I need to invest money upfront?

No, you don’t. ENEOS TotalEnergies invests all the capital required for the project.

With no money upfront and reduced electricity bill, it sounds too good to be true, what’s the catch?

With no money upfront and reduced electricity bill, it sounds too good to be true, what’s the catch?

There is no “catch”. The whole concept is based on bringing together capital that is looking for long-term, steady and predictable returns, and companies like yours that want to reduce their OpEx but prefer to invest their own cash in faster-return, core business processes.

What will happen to my roof?

In effect, all that will happen is that your roof will get an additional “skin” of solar panels and will be more protected from the elements.

How do I know whether my roof can take the weight of the photovoltaic system?

Do I need to clean the modules?

No, you don’t. As required, TotalEnergies arranges for operation and maintenance (O&M), as well as cleaning at no additional cost.

Does my team need to be trained to maintain or operate the system?

Absolutely not. TotalEnergies is responsible for ensuring the system performance.

Does TotalEnergies manufacture photovoltaic panels?

Yes, TotalEnergies manufactures modules through its affiliate company – SunPower. These are some of the most powerful panels in the world. However, they are a little more expensive in some situations so they’re not always recommended as part of tailored solutions. Panels are also sourced from first-class manufacturers that are not part of the TotalEnergies Group.

How long do I have to sign the contract for?

Contracts typically range from 15 to 25 years. A longer contract offers lower tariffs but some customers prefer a shorter contract with a transfer of the system earlier. After the transfer, the customer has almost free power, and need only pay for the O&M.

Is there a possibility of me getting depreciation benefits on this asset?

The asset is owned by TotalEnergies and contracts are structured to get the best depreciation impact possible and then pass that back to you in terms of lower power costs.