Zero Investment Model v2
Zero Investment Model v2
Financial Calculation for Rooftop Solar PV System of capacity 100KW @ EVA CHSL
Data Benefit to The Society
FD Principal amount ₹ 64,48,667 Total Cummulative Interest earned during 5 Years FD Period ₹ 27,02,078
Rate of Interest % 7.25% Loan Interest Paid to bank on loan during 5 years ₹ -12,57,008
FD Period Years 5 GST Set-off Benefit ₹ 7,03,800
% of FD eligible as loan % 90.00% Asset Depreciation Benfit during loan period ₹ 9,23,116
Loan Amount ₹ 58,03,800 Government Subsidy ₹ 18,00,000
Loan Interest rate % 8.00% Total saving on electricity bill in 5 years ₹ 78,92,392
Loan Period Years 5 FD Principal amount ₹ 64,48,667
No of Installment Months 60 Total Benefit to the society after Loan period without Investment ₹ 1,92,13,044
Loan E.M.I. ₹ 1,17,680
Monthly Electricity Bill Paid by society in July-2024 month ₹ 2,49,220 Note : FD investment in Co-operative bank to avail benefit of Tax free Interest
Avearge Electricity Bill would be paid to MSEDCL in 5 years with 1% Escalation ₹ 1,51,02,732
Monthly saving after EMI payment deducted from monthly electricity bill ₹ 1,31,540
Government Subsidy ₹ 18,00,000
GST Paid ₹ 7,03,800
Total Cummulative Interest earned during 5 Years FD Period ₹ 27,02,078
Total Amount received at FD maturity ₹ 91,50,745
Loan Repayment @ 8% in 5 Years ₹ 70,60,808
Loan Interest Paid to bank on loan during 5 years ₹ -12,57,008
Maintenance charges during 5 Year Loan pperiod ₹ 0