BayWa r.e., a global renewable energy developer, wholesaler and energy solutions provider, has launched a new solar calculation tool that with just some basic information from an energy bill can accurately calculate the profitability of a solar self-consumption system.
Available at www.baywa-re.es, the easy to use tool considers available roof space, energy consumption, system options and the cost of installation. Taking into account the Royal Decree 900/2015, and all tolls and charges, it then creates a tailormade report for the profitability of a solar system over a 25-year period.
With an EU target of generating 20.8% total energy from renewable sources by 2020, Spain needs to increase its use of solar generation. But complex rules and regulations are proving a barrier.
Claus Bünermann, Managing Director, BayWa r.e. España S.L.U., adds: “By using this tool you get the necessary support to take control of your upcoming investment in solar. It allows businesses to break through Spain’s regulations and accurately forecast how a self-consumption solar system will benefit them. The tailormade report takes into account all the necessary rules and regulations to accurately predict long-term profitability.
“While the 900/2015 Royal Decree sought to promote sustainable energy generation, it has created a challenging environment for investors. The BayWa r.e. calculation tool provides much sought-after reassurance and in the majority of cases will highlight the significant savings that can be made from a solar self-consumption system.”