What is the rate of Depreciation on inverter?

The rate of depreciation on inverters typically falls within the range of 10% to 20% per year, depending on factors such as the inverter's type, usage, and technological advancements. Generally, inverters have a useful life of about 5 to 10 years. This means that their value decreases significantly over time, reflecting wear and tear as well as improvements in newer models. It's advisable to consult specific accounting guidelines or industry practices for precise calculations related to depreciation.