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01. $0 Cost

The owner can contribute zero capital without any payment, even if you have unauthorized structures that need demolishing. As long as you have an idle rooftop (for example, industrial building, commercial building, warehouse, housing estate, village house, etc.),Solar Farm HK will share a fixed percentage of the profits ofCLP/HEC's feed-in tariff.

*Can also have other sharing cooperation models, which can be discussed.

02. Passive income

CLP/HEC feed-in tariff scheme lasts for 10 years until the end of 2033.Solar Farm HK  will be maintained until the end of the plan. The first investment solution during the COVID-19 coronavirus epidemic.

How to split?

In the early days, there was a 5:5 account split method, but due to the tenure and the decreasing electricity price, now there was no profit in the first few years from the 7:3 account split, and there are also accounts that started to be split later. The shorter the term, the smaller the distribution because the cost remains the same.

How long to split?

Generally, it will be December 31, 2033, when the government program ends, unless the government continues the project.

If split, how's the maintenance?

Generally, it will be December 31, 2033, when the government program ends, unless the government continues the project.

Are there any hidden rules behind it?

As long as the customer completes the contract, all the responsibilities will belong to the solar company.

How to calculate the return?

The annual income is about $50,808. Until 2033, the total income is: $50,808 x 10 years = $508,080.

After deducting the cost, the estimated profit is ~ HK$ 500,000. The earlier you apply, the higher the return!

Here is an example of a village house for reference:
A 700-square-foot village house occupies no more than 50% of the rooftop area, resulting in a usable area of 350 square feet.

It can accommodate approximately 20 panels of 435W solar panels.

With a buyback price of $4 per kilowatt-hour (kWh) and an average of 4 hours of sunlight per day, the calculation is as follows:
20 panels x 435W = 8,700W x 4 hours x 365 days = 12,702kWh/year

 

It can generate approximately 12,702 kilowatt-hours of electricity annually, based on the electricity company's commitment to buy back each kWh at$4.

12702kw x $4 = $50,808/ year.

03. Cool the rooftop and reduce electricity bills

The solar module can effectively absorb direct sunlight's heat energy and avoid direct sunlight on the roof. On average, rooftop solar power systems can reduce building interior temperatures by 3–5°C. It can reduce the usage of air conditioners, thereby achieving a saving effect.

04. Enhance the value of rooftop assets

After the solar energy system is installed on the rooftop and successfully connected to the grid, its productivity and legal structure directly enhance the value of rooftop assets. The life of a solar energy system is up to 25 years. According to the current technical level, more than 80% of the power generation efficiency can be maintained after 25 years. The warranty period of DC to AC inverter products is about 8 years.

What to do if the property is sold during the contract period?

If the owner sells the building and breaks the contract, the owner has to repurchase it from the solar company according to the terms of the agreement or arrange for the next owner to renew the contract.

How much capacity of a solar system can be installed on the roof?

The roof's installation conditions and the selected modules' conversion efficiency all affect the installable system capacity. Generally speaking, if the roof is flat, a 6.3Kw solar system usually requires an installation area of about 350 square meters. If the roof is inclined and the modular products with higher conversion efficiency are used in the same area, the installed system capacity will be larger.

Will it emit noise and cause electromagnetic wave hazards?

The magnetic field strength generated by the device is equivalent to that of ordinary household appliances such as computers. There is no electromagnetic wave harming the human body during operation.

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