Electricity Rates for Solar Energy Systems
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Electricity Rates for Solar Energy Installations
All the regulations associated with solar energy installations are unknown to a large part of the population. Among these regulations, the regulations related to special electricity rates stand out if you want to obtain compensation for electricity surpluses.
Therefore, if you have a photovoltaic solar energy installation that generates surpluses and you want to benefit from it, one of the requirements is that you have an electricity tariff that allows us to do so.
What is simplified compensation or excess compensation?
The simplified compensation of energy surpluses is the process through which the energy generated by a photovoltaic solar installation can be sold automatically, easily and free of charge.
The sale price of said surplus varies, but is usually around 0.05 euros per kilowatt hour. Another key point is that the total cost of the surplus can never be higher than the electricity consumed from the national grid.
The sale of the surplus is done on a monthly basis. Thanks to this sale you will be able to save between 60% and 75% of the total price of the electricity bill, always depending on the hours of consumption and the amount of surplus electricity generated daily.
It is important to know that compensation is not a net balance in which the electricity we use is compensated, but rather a price is paid for that surplus. Due to the fact that the selling price of the surplus is less than the selling price, more than twice as much energy as consumed would have to be sold for the bill to disappear.
Sale of the surplus of a photovoltaic solar installation
Royal Decree 244/2019 on self-consumption already made this type of compensation possible. Thanks to this RD, the surplus energy generated by a photovoltaic solar installation can be sold to an energy marketer without having to register as an electricity producer, make the quarterly settlement or pay the power generation tax.
In order to sell said surplus, a series of requirements must be met. One of these requirements is to have a solar installation connected to the distribution network and to have an electricity tariff contracted that allows the sale of surpluses.
If it were the case of a shared self-consumption installation, it will be the different users who will previously agree on the distribution of energy between the different homes, being able to individually manage their own surplus, selling it to the marketer of their choice.
Requirements for the sale of the surplus of a photovoltaic solar installation
The sale of surpluses makes it possible to reduce the payback time of a photovoltaic solar energy installation, which is around five to seven years.
Among the necessary requirements to be able to sell the surplus generated by our installation we find the following:
- The power of the photovoltaic solar installation cannot exceed 100 kilowatts.
- We cannot benefit, at the same time, from any other additional remuneration scheme
- A two-way meter must be installed that records the amount of energy consumed from the network and that consumed from the installation.
- As we have commented, it must be a solar installation connected to the grid and we must have an electricity tariff that allows the sale.