Who among us has not felt the rise in electricity prices and the unstable fluctuations in recent times. In 2021, electricity prices in Spain reached an all-time high, and are expected to continue to rise and be volatile.
The main reason for the rise in prices is a gap between the natural gas supply and the growing demand, along with the desire to reduce the consumption of polluting energy sources and reduce carbon emissions. In an interview for “Financial time”, Teresa Ribera, Spain’s deputy prime minister for the environment, called upon the EU to intervene and set price ceilings, and thus help prevent further price increases. In 2021, electricity prices for domestic consumption in Spain rose by 43.7% from the previous year, reaching a record high, with an average price of EURO 0.21 per kWh.
The high electricity prices led energy companies to offer a wide range of tracks and options, which only cause confusion for consumers, misunderstanding of the bill, and even higher costs on the monthly electricity bill. Not everything is bleak, however; while electricity prices were on the rise, the opposite was happening to the price of solar panels.
Solar energy systems have nowadays become the cheapest energy production method, along with their tremendous contribution to a green and clean environment.
Spain is one of the best countries in Europe for solar energy systems, thanks to its many hours of sunshine, ensuring maximal output. In addition to the reduction in prices of solar systems, the EU has allocated a massive subsidy program for the Spanish market, in the amount of € 1.1 billion. A grant of about 40% of the cost of the system will be given, allowing for an extremely fast return on investment, as well as storage components for maximum utilization of the solar energy system.
We at Volta Solar are experts in the field, with over 2,500 systems installed, and we will be able to lead you through a low-cost, convenient and extremely simple process, providing quick installation and ensuring you receive the grants, thus enabling you to significantly save on your monthly electricity bill.
So, what are you waiting for?
Leave your details and join the solar energy revolution.
