If you live in Spain, you may be interested in investing in solar energy. The country was a world leader in concentrated solar power in 2010, but other countries quickly caught up. Unfortunately, the situation has gotten worse for people in Spain who are using solar energy. In July, the Spanish government passed a law on self-consumption of energy, which includes solar installations. This law means that consumers of solar energy will have to pay grid fees just like any other electricity consumer in Spain.
In Spain, self-consumption of solar power is a controversial topic, and advocates have been critical of the government's response to it. In order to install a PV, you must register with the government and connect to the national grid, but even if you do this, you can face hefty fines. Another problem that solar energy advocates have cited is that the electricity market is in deficit and running costs of the grid are much higher than the revenue generated from the sale of power.
The good news is that the cost of installing a solar panel system is considerably lower in Spain than in other countries. Residential solar systems typically cost less than EUR2 per watt, and are often free of storage. Additionally, there are many incentives from the government for rooftop solar, and many autonomous communities offer incentives. These grants help reduce the payback period of PV systems. If you live in Spain, you should invest in solar energy for your home.
