FREQUENTLY ASKED QUESTIONS
Sunshine falling on your rooftop can be converted into productive electricity through the use of photovoltaic (PV) panels. The abundant sunshine and stable climatic conditions in the Middle East make our region ideal. This reliable source of energy can reduce the amount of power your consume from your electric utility.
We can help you use your roof for solar electricity production by installing and operating your own solar PV plant. The plant will generate solar power and provide you with the reliable electricity you need. Depending on the size of the roof (or roofs), we can build a solar plant with a size of several kilowatts (kW) to multiple megawatts (MW) and generate solar electricity year after year.
While companies can save money by installing a solar plant, many would rather invest in their core business and not get involved in managing the solar plant.
With a solar lease, you can start saving money on your electricity bill today with zero investment. We design and build the plant either on your roof(s), car park or even on available land you own at our cost.
You only pay for the solar electricity the plant generates. While your grid electricity tariff rises frequently, Yellow Door Energy promises you a discounted lease payment for solar electricity for over 20 years.
Just like you pay for your current utility bill. At the end of the month, you will receive a bill for your solar electricity consumption, separate from your utility bill. Your utility will also send you a bill for the net electricity you consumed from the grid, through a regulation called net metering.
Net metering is what makes solar possible for any business. The utility will charge you the net amount of how much electricity was consumed and how much was produced using solar energy over a given period of time.
For example, if a user consumes 100 kWh and produces 80 kWh of solar energy, the utility will charge him for the net 20 kWh of electricity. With a PPA, the customer will pay Yellow Door Energy for the 80 kWh at a discount,resulting in savings. If your system has contributed more to the grid than you’ve consumed, your local utility carries forward your credit.
The warrantied lifetime of a solar panel is 25 years, however they have demonstrated longer lifetimes in the case of several installations.
The lifetime of the lease varies from 15-25 years, depending on the country’s regulations and customer-specific requirements.
We could reduce the lease length by creating a combined capex-lease option. Reducing the life of the lease reduces our returns and therefore makes it more difficult to provide the leasing solution.
By using the capex-lease option, you will commit a smaller capital investment to the project and benefit from the reduced lease payment over the life of the lease.
Absolutely! The cost of the solar plant will be handled by us. The building needs to pass all necessary structural and environmental requirements as outlined by the local authorities. As well, the local power authority should be consulted to approve the interconnection to the grid.
Traditionally, power generation has been centralized at certain locations with very large generating capacities. The idea of distributed solar is to generate electricity closer to load centers, therefore providing energy to areas that need it, supporting a more reliable grid with fewer major outages and reducing electricity transmission losses.
Our team of experts will maintain the system throughout its lifetime to ensure the reliable operation of your system.
Being confident with our technical knowledge and construction standards, we commit to a level of energy production from the solar system we would lease to you. You only agree to buy the solar electricity the plant generates and pay for the kilowatt-hours (kWh).
There are several options for tenants who decide to move. The first option is to transfer the contract over to the incoming tenant so that they could benefit from the solar electricity. Another option would be to transfer the system to the new location and continue with the contract.
That depends on the size of the system, which will be optimized to reduce your electricity costs. One panel is rated at roughly 250 Watt-peak, so a system size of 1 Megawatt-peak will require roughly 4,000 panels, and require an area of roughly 10,000 square meters.
The main component of a solar plant is the photovoltaic (PV) panels. Derived from the latin words Photo (light) and Voltaic (electric), the photovoltaic effect is a natural phenomenon in particular materials which create an electric potential when exposed to sunlight. Essentially, the panel acts like a battery when exposed to sunlight, and will create an electric current when connected to a circuit.
Other critical components of a solar plant include inverters, which switch or invert the current from direct current (DC) output to alternating current (AC), and various racking systems to hold the panels in place.
During the life of the lease, the system will be owned by Yellow Door Energy. Once the life of the lease is over, the ownership of the system will be handed over to you.
Companies have opted for solar leasing in order to focus their investments on their core business and not get involved in the management of a non-core activities. Their main interest in solar has been to reduce their operating cost as well as achieve their sustainability targets.
The solar lease option is particularly attractive to them because compensation of Yellow Door Energy is directly tied to the performance of the solar plant. The more solar power is generated, the higher the returns for Yellow Door Energy and the higher the savings for the customer.