OPEX Model for Net Energy Metering (NEM) in Bangladesh
The OPEX (Operating Expense) model for Net Energy Metering (NEM) is an innovative and flexible financing model that enables businesses and property owners in Bangladesh to adopt solar energy without the burden of upfront capital investments. It is especially suited for entities looking to reduce electricity costs and align with sustainability goals while maintaining focus on their core operations.
What is the OPEX Model?
Under the OPEX model, a third-party solar provider owns, operates, and maintains the solar power system installed on the customer’s premises. The customer pays for the electricity generated by the system at a predetermined rate, which is typically lower than grid electricity prices.
How NEM Works with OPEX in Bangladesh
Net Energy Metering (NEM) allows customers to export surplus solar energy to the grid and receive credits that offset their electricity bills. In the OPEX model, the solar provider benefits from these credits while delivering cost savings to the customer.
Here’s how it works:
System Installation: The solar provider installs a solar power system on the customer’s rooftop or property at no upfront cost.
Energy Generation: The solar system generates electricity, which is used on-site. Surplus energy is exported to the grid under the NEM framework.
Monthly Billing: The customer pays the solar provider only for the electricity consumed from the solar system, typically at a lower rate than grid electricity.
Grid Backup: The grid supplies power when solar production is insufficient, ensuring uninterrupted energy supply.
Key Features of the OPEX Model for NEM
Zero Upfront Cost: The customer avoids the capital expense of purchasing and installing the solar system.
Operational Flexibility: The solar provider handles all operations, including maintenance, repairs, and system optimization.
Guaranteed Savings: Reduced electricity bills through lower solar tariffs and NEM benefits.
Long-Term Agreement: Typically involves a power purchase agreement (PPA) lasting 15-20 years, ensuring predictable costs.
Performance Assurance: The provider guarantees system performance, aligning incentives with customer satisfaction.
Benefits of the OPEX Model for Businesses in Bangladesh
Cost Savings: Significant reduction in electricity costs without capital expenditure.
Sustainability: Contributes to environmental goals by adopting renewable energy.
Risk-Free Adoption: The solar provider assumes the financial and operational risks of the system.
NEM Incentives: Optimized savings through energy credits for surplus solar power.
Regulatory Compliance: Alignment with Bangladesh’s renewable energy targets and policies.
Ideal Applications
Commercial and Industrial Properties
Educational Institutions
Shopping Malls and Retail Centers
Hospitals and Hotels
Why Choose the OPEX Model for NEM in Bangladesh?
Government Support: Bangladesh is actively promoting renewable energy and NEM policies.
Energy Security: Reduces dependency on grid electricity and volatile energy costs.
Eco-Friendly Business Practices: Enhances corporate social responsibility (CSR) and brand image.
With the OPEX model, businesses in Bangladesh can seamlessly transition to solar energy under the NEM framework, enjoying immediate savings and long-term sustainability without upfront investment. For more information on how to get started, contact [Your Company Name]..