From an economic point of view, the installation of solar panels is profitable and generates savings on the electricity bill. It is estimated that the average household can save up to 60% on their yearly bill.
And then you should add the other benefits of which you can take advantage.
- Reduction of up to 50% on IBI (Property Tax) in many municipalities in Spain.
- The possibility of deductions on Personal Income Tax for undertaking home improvements geared towards to energy efficiency.
- Availability of municipal or autonomous community subsidies for self-consumption installations and/or home improvements relating to energy efficiency.
From an environmental point of view, having photovoltaic installations and electricity self-consumption tariffs is always a significant improvement. Savings in CO2 emissions and in reducing your carbon footprint are essential if we are to achieve the goal of reaching carbon neutrality.