Benefiting from solar panel subsidies for companies is one of the best options to boost the energy transition in your business. These grants are part of the Recovery, Transformation and Resilience Plan financed with European Next Generation funds.
If you are thinking of opting for photovoltaic energy solutions, such as self-consumption PPAs, to generate electricity for your business, you should bear in mind that, among other benefits, you will be able to save costs, be more energy efficient and have a more responsible and sustainable consumption.
The amount and percentage of the subsidies for solar panels for companies depends on many factors, from the size of your business to the contracted power. We invite you to read on to find out the steps to follow, the amounts you can receive or at what stage to apply for the subsidies.
Amount of subsidies for solar panels for businesses
The first thing you should know is that we are at an unprecedented moment in the public promotion of self-consumption, because until 2026 900 million euros will be allocated just to promote this type of solutions.
The subsidies for self-consumption range from 15% to 35% depending on the size of your company.
- Large companies: the percentage of aid for the installation of the photovoltaic plant can be up to 15%.
- Medium-sized companies: 25% of the cost may be eligible.
- Small companies: up to 35% subsidy. Also applicable to small systems, less than 10 kW.
The amount also depends on the power installed in each company.
2,000 - 4,000 kWh. Assumes 1,188 €/kW
4,000 - 6,000 kWh. With subsidies of 910 € kW
6.000 - 8.000 kWh. 749 kW
Location is also important. Companies located in small towns of less than 5,000 inhabitants can benefit from an additional 5% of these subsidies.
Therefore, there is no fixed amount; it depends on the size, installed capacity and location of each company. These three factors will determine the final amount of the subsidy to be received.
An important note is that the subsidies for self-consumption that we have just detailed are different from those for storage, in which the subsidies increase by 65% for small industries; 55% for medium-sized companies and 45% for large companies.
Targetof solar panel subsidies for businesses .
To whom the subsidies for solar panels for companies are destined depends on the type of contract chosen.
- PPA: It is an onsite power purchase agreement. What does it mean? At Ekhi we provide all the means for the production of solar energy in your business. The company does not have to invest in the initial installation, nor in maintenance and, therefore, we receive the subsidy at Ekhi, with a discounted and competitive price for our users.
- EPC: this is an engineering, procurement and construction agreement. In this solution, the company does make an investment from the beginning to create the renewable energy generation facility and Ekhi takes care of the design and construction. In these cases, your company will be the direct recipient of the subsidy.
What steps to follow to obtain subsidies for solar panels for businesses?
These subsidies can only be applied for photovoltaic plants installed after July 2021. The subsidy will be received by the owner of the plant and must have been installed for at least five years. The subsidies for photovoltaic self-consumption are valid until December 31, 2023.
The steps to follow are simple:
- Submit the application
- Evaluation of the application and resolution
- Execution of the installation within a period of 18 months.
- Presentation of the justification of the installation
- Payment of the grant awarded
Now you know that if you decide to bet on photovoltaic energy in your business you can benefit from a grant and the cost of installation will be cheaper.
If you trust Ekhi for this renewable energy solution in your company, you will not have to worry about anything. As owners of the installation, we will take care of managing these solar panel subsidies for your company.
