Why is it essential to invest in solar energy?

The way to sustainability pass by the installation of solar panels. In fact, traditional energy production, based on coal, gas and oil is behind 75% of greenhouse gas emissions, according to the National Inventory of Greenhouse Gases (GHG).

However, the elimination of CO2 emissions is not the only advantage that photovoltaic energy offers, it can achieve great savings and independence from the energy giants. This is essential at a time when the price of electricity is more expensive than ever.

During the month of October, invoices have skyrocketed and the average user will pay 88.9% more than last year around the same dates, according to a study carried out by Facua-Consumidores en Acción.

Coinciding with the celebration of World Energy Saving Day (last October 21) and concerned about the rising price trend that is expected to continue in the coming months, as well as the need to implement efficient measures to achieve the objectives set by the 2050 Decarbonization Strategy, IMEnergy has made a list of the main advantages What does the investment in solar energy both in companies and individuals.

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1. Savings in electricity consumption from the grid

Investing in solar panels is adding to self-consumption or, what is the same, directly consume the energy we are generating and not the one coming from the electrical network. By using this type of system, according to Selectra, an energy rate comparator, electricity costs can be reduced by between 50% and 70%.

2. Aid and incentives

In the case of photovoltaic solar energy in Spain, according to MITECO data, the aid ranges from 15% for a large company to 45% for an SME. In the case of public administrations, these aid can reach 70%. For their part, individuals will be able to benefit from a 40% that rises to 50% in collective self-consumption systems and they can obtain tax benefits such as a 50% reduction in IBI and up to 95% of the Tax on Installations, Constructions and Works (ICIO).

3. Surplus energy produced

Another of the great advantages offered by photovoltaic self-consumption is compensation for surpluses. The electricity that is generated and not consumed is poured into the network and is accounted for with a meter and the marketing company is obliged to discount the difference. It is important to clarify that this measure does not earn money, even if more energy is produced than consumed.

4. Commitment to the environment

Governments have inexorable competition over the energy market and caring for the environment, but the individual efforts of individuals and companies are essential to be able to contribute to the reduction of CO2 in the atmosphere. A good example of this is the reduction of this type of emissions of 45% in photovoltaic systems for single-family homes or up to 85% if a battery is integrated, according to EUPD Research.

5. Value bet

Although investing in solar panels may seem like a large outlay, the truth is that in the long run it becomes a high return investment. According to data from the Zillow platform, homes that have solar panel systems are sold 4% more expensive than houses with other types of systems and is that, for more than 80% buyers, the energy efficiency of buildings is becomes a vitally important element in the decision process to buy a property.

In the case of companies, profitability is made visible with consumer confidence in the brand, according to Capgemini data, eight out of 10 people have changed their purchasing preferences based on criteria of social responsibility, inclusiveness or environmental impact, for what green companies improve their image and positioning in the market.

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