Posted on November 2, 2022 Self-consumption installations with renewable energies are becoming an increasingly important option to be taken into account by both individuals and companies, given that the initial investment required offers very interesting repayment terms. with the current costs of the electricity bill. We can say that the current moment is a good opportunity to install solar panels: There are help lines that go from the 15% to 45%for the generation of energy through photovoltaic technology and the 45% to 65% for storage (batteries). Sustainability strategies have more and more weight in business decision-making, setting themselves as an objective (among others) reduce your total CO2 emissions. Budgets are much more affordable than a few years ago, generating returns on investment between four and six years. However, the high demand for this type of installation, together with the rise in raw materials that we have been experiencing in recent months, has caused a slight rise in prices. If you are thinking of applying for subsidies for self-consumption facilities, you must take into account the following: Institute for Energy Diversification and Saving (IDEA) after carrying out a previous analysis of the market and based on the aid that is published based on the Royal Decree 477/2021, has defined a maximum cost based on installed power of 1,188 euros/kWp installed for installations of less than 10 kWp, 910 euros/kWp for installations between 10 and 100 kWp, or 749 euros/kWp for installations between 100 and 1,000 kWp . The power you need will mark the cost of the installation and this will depend on factors such as: type of home, members of the family unit, electrical appliances and the home’s air conditioning system, availability of an electric car, etc. For a single-family home, the average cost (without taking into account the subsidy) ranges from the 6,000 and 9,000 euros. In addition, if we include a battery to store energy, the cost can double. As a result after installation, a home that was previously paying €150-200 per month you can pay between €15-30which represents a decrease of almost 90%, without counting the savings via deductions in the receipt of the IBI or the ICIO, which are offered by several municipalities in Castilla La Mancha. The most important thing to avoid surprises is to put yourself in the hands of a specialized company, that offers guarantees and offers us the budget that best suits our needs. If you need help or additional information about this type of installation, we put at your disposal our Technical office, a high added value service in which we accompany you throughout the process of identification, application, preparation of the file and subsequent justification of regional, national and European aid. We encourage you to contact us through our website https://www.globalcaja.es/en/next-generation-european-recovery-fund or at any of our offices.