The photovoltaic energy It is an alternative for electricity generation which due to the incessant increase in electricity prices, is gaining more power day by day in the business world. But there are still many doubts whether or not it is profitable to make this investment in a company.
The answer is clear yes, it is profitable to use solar energy in a companybecause solar self-consumption can generate savings of up to 90% or even 100% of the daily consumption thanks to the hours of sunshine in our country, in addition to environmental care through the radical reduction of CO2 emissions in the atmosphere.
Before we think about whether or not to install solar panels in our company, we must analysis of electricity consumption that we have and the price we pay per kW. Following this analysis, we will be able to check if a photovoltaic installation from our company can become profitable, taking into account that the higher the kW price, the higher the profitability we will obtain.
It is also essential to consider the space we will need for installation, because a solar panel is about 2 meters long by 1 wide.
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What is clear is that the use of solar panels in different types of business facilities PROVIDED significant energy savingsin addition to avoid addiction of traditional energy suppliers. Next we will see what are the factors that influence the profitability of using solar panels and what is the return on investment or return on investment for organizations that are thinking about installing it.
Factors to consider before measuring the profitability of a company\’s PV installation
According to various studies, the savings we can get in energy consumption if we use solar panels It can reach 30-35% per year.
The first thing we need to do to calculate the profitability of solar panels is to consider that they provide a life span of about 25 years and that the initial payment of your installation is recouped in approximately 7 to 10 years.
For measure profitability of solar panels we have to consider several factors:
- He the total cost of the investment which we are going to make: installation and maintenance costs.
- He self-consumption volume necessary.
- The growth rate in the current price of electricity. Projections can be made taking into account data from past years.
- Lost financing expenses and interest rates and inflation.
How to measure the profitability of a photovoltaic installation in a company
To measure the profitability of our solar panel installation, we need to consider amortization period, which tells us when we will start to recover the initial investment made. To do this, we need to consider two aspects: total costs and economic benefits provided by the installation at the end of the year. To determine the total costs, it is necessary to assess the gross cost of putting the installation into operation and the net cost, which will be affected by the quality of the panels chosen and their size.
At the same time, solar energy has various tax deductions, aids and bonuses subsidized by administrations, from local to regional and national, which directly affects their installation and maintenance costs.
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For calculate repayment period We will need to calculate the final cost of the PV installation, which will be what we get by adding the aids and bonuses for the installation, and subtracting the resulting figure from the gross cost of the installation. Next we will need to estimate the annual financial benefit, which includes the value of the property and the electricity savings achieved. In the end, we will have to divide the final cost by the financial benefit we got when a year has passed. In this way we will find out the number of years we need to reach the break-even point. Once this point is reached, the plant is considered to be fully depreciated, so all savings will constitute an economic benefit.
The benefits of using solar panels in a company
Nowadays and due to the high electricity prices, solar photovoltaic energy has become one of the most important the most profitable sources of energy and the cheapest of all. In this way, our company can benefit from an unlimited and free source of renewable energy, at the same time save money on your monthly energy bill.
At the same time no longer dependent on traditional energy suppliers and the constant price increases they apply to the market.
Another great advantage offered by the use of photovoltaic solar energy is the image of sustainability offered abroadbeing a company committed to a safe, clean and environmentally friendly future, an environmental contribution that is part of the company\’s corporate social responsibility (CSR).
In the P.O.W In addition to various forms of financing, we also offer you the option PPA (power purchase agreement) through which we take care of the solar installation in your company and you enjoy solar energy without initial investment. Our team of energy managers highly qualified staff will work with you to find the best solution for your company.
