Post by Rila Investment Ltd/ Rila Solar

Who loves solving Math equations? How many times have you heard the phrase that solar energy systems are secured investments? A simple template has been put together using facts and figures just for you to do some additions and subtractions. We want you to understand why this is a worthy investment and in a nut shell, what that phrase is all about. When you make that decision to invest in a Solar Energy System, consider using this approach in calculating the Return on Investment (ROI) for a solar energy system. It can be used to calculate ROIs for residential houses and companies. The key financial factors to consider are the cost of power supply from the national grid and auxiliary power generating service(s) like a petrol or diesel generator. A: Total System Cost is ₦3,500,000.00 B: Average Monthly National Grid Bill is ₦80,000.00 C: Average Monthly Generator Fuel Cost is ₦125,000 D: Average Monthly Generator Maintenance is ₦30,000 E: Solar System Annual Maintenance is ₦40,000 1. Total Annual Savings from Grid: ₦80,000 * 12 = ₦960,000 2. Total Annual Savings from Generator: (₦125,000 + ₦30,000) * 12 = ₦1,860,000 3. Total Annual Financial Benefit: (₦960,000 + ₦1,860,000) - ₦40,000 = ₦2,780,000 4. Return on Investment (ROI) in Years: ₦3,500,000 / ₦2,780,000 = 1.26 years Full recovery of the initial investment on a solar energy system is one year and three months, after which the power generated would be essentially free, with the exception of minimal maintenance costs. This is why we can confidently say installing a solar energy system, guarantees a return of your investment. A few key points to note: ☀️ Fixed and Predictable Costs: One time upfront cost. ☀️The return Is a direct saving: When your solar system powers your appliances at home or at work, there is no direct cost to produce the energy. The "Fuel" from the sun is "Free". The funds you save from not paying to the national grid for power supply or from burning fuel becomes a direct profit for you. ☀️The "Fuel" from the sun is Guaranteed. ☀️Longevity of the system ☀️Technology advancement in renewable energy as this is the future and there has been a lot of funding going into R and D. #roi #rilasolar #rilainvestmentlimited #solarenergy #roitemplate #returnoninvestment #investment #smartinvestment

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