Users pay a reservation fee based upon the capacity they reserve. Along from GST and handling charges, this fee is also inclusive of all operational costs such as periodic maintenance as well as hardware replacements. This is no additional cost incurred by users to reserve capacity.

Since a return on investment received at a shorter span is worth more than the same return received at a later time, when analysing performance-focused returns from products and services, its equally important to account for the time invested as much as the capital invested.

This is done via XIRR, which is the extended internal rate of return, calculated monthly. In regards to SundayGrids, it is the rate of return provided from the credit generation on a monthly basis.

After the project tenure, the project is handed over to the host for utilisation for the rest of the available lifespan of the solar system. This mechanism is in part the reason why hosts enable these assets to be community solar projects.

Vega•150 is owned and managed by the developer, Greenlit Energy Systems. SundayGrids Is the service provider to facilitate Digital Solar transactions with users . An analogy for reserving digital solar capacity would be quite akin to getting a ticket for train (operated by the developer) for reserving a seat from a booking platform (in this case, SundayGrids). Greenlit Energy Systems shares a service agreement with you to generate and trade power for on-bill credits on your behalf from the reserved capacity for the given term period.

The Digital Solar Service Agreement (DSSA) between Greenlit Energy Systems (the developer) and customer defines the tariff and tenure of the project as well as general terms engagement of service.

There are two levels of safeguarding within SundayGrids; For hardware and asset protection the projects are insured and have warranty covers. For the performance and upkeep of the solar system, each project has a secured generation value, wherein if power output dips below the value, users will be proportionately compensated through additional credits.
To resolve for any errs that might occur from the developer’s end in dispatching necessary credits, SundayGrids maintains a security cover with equivalent value of 12-months of energy production.

Furthermore, users are enabled to receive the refund value at any given time if they want to exit their reservations (partially or fully) as per the Digital Solar Service Agreement.

You can engage with them on the community groups you shall get exclusive access to after you reserve. You could also reach out SundayGrids support who shall put you in touch with them.