Orel Corp. to offer businesses and public opportunity to lease solar energy

Wanasinghe Holding (Pvt.) Ltd signs MoU with Orel Corporation

Orel Corporation, in an innovative move to combat the current power outage, has stepped up to offer businesses and the public the opportunity to lease solar energy, thereby setting a new trend of enabling a viable energy solution at a minimal cost. 

Through this offer, the customers will not have to pay the high upfront costs generally incurred for solar equipment and installations but still enjoy the same benefits as that of a solar power user. In essence, this choice affords customers, the opportunity to maximise savings by securing access to and usage of the equipment needed to provide solar energy for their homes or business premises, for a fixed monthly minimal cost that fits their budgets. This is also accompanied by the dependable Orel-managed and-maintained system, which includes daily monitoring of assured solar generation.

This valuable benefit has become possible with Orel Corporation’s timely investment in a solar power plant of 1,800kW. This move will further benefit to the national grid of 232,960 Kwh with savings up to 1000Kw CO2 carbon emission annually.

Orel Corporation Director Business Excellence Samantha Alwis explained, “With this technique, (an industrial/commercial properties/institutions/schools/warehouses and religious places or office building), etc. may entirely meet all of its electricity needs while also contributing towards the national grid. It’s also a property enhancement that includes a green halo effect. Any firm or home can do all of this through their most underutilised asset, which is their rooftops. Once the solar energy system is installed, you get to use all of the solar power the panels generate. Instead of using electricity from your utility, your home or office will power itself using the energy the solar panels produce. Because you are using solar energy instead of taking electricity from the grid, your electric bill will be way lower,” Category Manager Solar Rifas Sameer explained.

“If the solar panels generate enough electricity to cover all of your energy usage through net metering you could eliminate almost 70-80 percent of your electric bill, besides some fixed charges that solar can’t offset. Customers will always know what their monthly cost will be because it is outlined in the lease contract. We will also give customers a free evaluation to determine their solar capabilities and what kind of system they should consider for your commercial or property solar leasing. There’s no obligation and no heavy sales pressure, just a clear and honest evaluation of their business or home and any solar opportunities they may have.”

A host of companies recently signed up with Orel Corporation to enjoy this valuable offer that included Trans Screen (Pvt.) Ltd for 200Kw, Wanasinghe Holding (Pvt.) Ltd for 312Kw, Unilak Fashion (Pvt.) Ltd for 414Kw, Mount Packs (Pvt.) Ltd for 500kW and Fruits & Nuts Exports (Pvt.) Ltd for 366kW.