Timing a solar purchase can help your accounts - speak to your accountant first.
Image: Solar Power Station at LaLaport Kadoma1 by Mr.ちゅらさん, CC BY-SA 4.0, via Wikimedia Commons.
Businesses considering solar in Raipur often ask about timing. The year-end matters mainly for accounting, but it should not rush the engineering.
Quick answer: talk to your accountant first; plan so commissioning completes before year-end, but never compromise safety or approvals for a date.
| When | Task |
|---|---|
| December - January | Collect bills, survey roof, decide on model |
| January - February | Apply, finalise vendor and order |
| February - March | Install and commission |
| April | Start of new year with savings flowing |
Orders squeezed into a few weeks lead to shortcuts on structure and earthing. See solar for business in Raipur for the full process.
| Question | Capex | Loan | PPA |
|---|---|---|---|
| Upfront cash | High | Low | None |
| Ownership | You | You | Third party |
| Depreciation | You may claim | You may claim | Owner claims |
| Long-term cost | Lowest | Low + interest | Highest per unit |
| Risk | You carry it | You carry it | Shared |
Approvals from the utility, a structural review and a safe installation timeline cannot be shortened by the financial calendar. A system delayed by a month but built properly will earn you more than one rushed and fixed later.
In April, compare the new financial year's monthly bills against the previous year. Track units generated against the estimate and note maintenance cost. See solar for factory in Raipur if you operate a large site.
Plan early, engineer properly. For a method to compare providers, see how to build your own list of the top 10 solar companies in Raipur. The next step is a free survey. Speak to a solar company in Raipur about solar installation in Raipur, ask how solar subsidy in Raipur is processed and read the best solar company in Raipur checklist first. Background reading: solar in Raipur, the solar Raipur area guide and PM Surya Ghar Yojna in Raipur. Everything else is on the solar blog.
Businesses may claim depreciation under prevailing rules; check with your chartered accountant.
Only if the system will be commissioned and put to use in the year; ask your accountant.
GST rates for solar equipment have been revised; confirm the current rate on your invoice.
A PPA avoids capex but has its own economics.
Start two to three months before the year-end to complete approvals.
Visit C-29, Sector 3, Devendra Nagar, Raipur, Chhattisgarh 492001, call 083051 31420 or send your details online for a free survey and a written quotation, with the subsidy worked out. Our solar installation in Raipur team replies the same working day.
A good solar company in Raipur survey comes first. Read about solar in Raipur, compare firms with our best solar company in Raipur questions and see how solar installation in Raipur works in your solar Raipur neighbourhood. For PM Surya Ghar Yojna in Raipur and solar subsidy in Raipur, we manage registration, approvals and the claim. Quick links: best solar in Raipur, best solar company in Chhattisgarh, rooftop solar in Raipur, solar water heater in Raipur and solar installation in Raipur. Browse every article on the solar blog, or see our solar services.
Schedule that fits your accounts.