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.
Günter Haug, Managing Director of BayWa r.e, commented: “With a challenging energy market, the solar industry in Spain has been grappling with often complex regulations. However, the benefits of selfconsumption in Spain are significant, with savings of up to 30 percent achievable on typical energy bills. While simple to use, this powerful calculation tool provides complete visibility over a 25-year period of your investment in solar and its payback.”
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.”