Photovoltaic self-consumption for your industry Is it profitable?
Industrial photovoltaic self-consumption is a trend that seems to have no intention of stopping in the coming decades. The rise of self-consumption of photovoltaic energy in SMEs and industries is not the result of chance, two current factors have driven the phenomenon. On the one hand, the new EU measures that penalize carbon emissions in the industrial sector automatically make companies that use renewable energies more competitive. On the other hand, there is the much talked-about climate challenge.
What is industrial photovoltaic self-consumption?
Let’s get to the point, industrial photovoltaic self-consumption is the adaptation of solar panel installations for industries, since they require a significantly higher consumption than residences or neighborhood communities. Normally, these installations are focused on high consumption and three-phase networks, characteristics oriented to industry.
Generally, these are large solar plants (or at least larger than residential ones), since industry consumes more energy than, for example, a community of neighbors. This is probably the handicap of the matter, and the engineering team must make the most of the space available to the company. This translates into the roofs of industrial buildings, and, if necessary, in adjoining land owned by the client. It should also be noted that not all SMEs require large photovoltaic installations, as each one must be adapted to the company.
A push: Benefits of industrial self-consumption
As you would expect, Enertika, as an industrial photovoltaic self-consumption company, can give you a long list of advantages, but perhaps it is more appropriate to start with three quite convincing ones. If you want to know more, that’s up to you.
1. Profitable or not?
Let’s talk about profitability. To begin with, an industrial photovoltaic self-consumption installation is amortized in in 5 years. But to calculate the return on investment (ROI), of course, we must take into account the size and complexity of the project.
Before concluding that a solar plant for your industry is profitable, we can talk about different additional factors. On the one hand, we have to take into account the useful life of the solar panels: more than 25 years on average, but with the possibility of reaching 35 years with proper maintenance and revision of the equipment. In addition, the photovoltaic self-consumption equipment plays a great part in the profitability of the project, since the correct study of the company’s consumption is essential to offer the best solution.
On the other hand, we can talk about the essential role of energy management that allows minimizing the operating costs of the solar plant, and therefore, a systematic energy performance oriented to continuous improvement. Oh, and let’s not forget the subsidies for industrial photovoltaic self-consumption!
2. Hand in hand with the environment
What can we say that we don’t already know? Talking about a catastrophic and irreversible environmental situation is no longer a sensationalist message, it is a reality. Reducing the environmental impact must go through renewables, the only way for companies to comply with the 2030 Agenda. Reaching zero emissions by 2050 is not an impossible mission considering that each photovoltaic panel helps to preserve 12 trees.
In conclusion, here are some rather sonorous headlines that will help you understand the contribution of photovoltaics to the environment. “Protects ecosystems thanks to lower demand for conventional electricity” or “Goodbye air pollution, goodbye global warming”. We could also comment on its involvement in the reduction of fossil fuels and how it leads us to the energy transition, but we have already talked about this.
3. Improve your brand image
The customer is becoming more and more eco-friendly, and therefore, your brand must follow. Values related to sustainability and the environment must be included in the list of company values, since today they are the ones that most associate the brand with a positive image. And they should not remain only on paper. This is not a marketing strategy, it is an action plan that is committed to energy efficiency and the reduction of carbon emissions. How? By means of photovoltaic self-consumption in your industry, the most audible, visible and real option. In conclusion, the initiative must be born of social responsibility that has an impact on a change of habits, both in the company and in society.
Let’s talk about PPAs
Now it’s time for the final push. Do you know about PPA contracts? We tell you about them. The Power Purchase Agreement consists of photovoltaic self-consumption contracts that adapt to the needs of your industry, but more importantly, Enertika assumes the initial investment of the project. It is a comfortable and guaranteed way to take the step towards renewables, since through a fixed monthly price of electricity, the customer can save up to 30% on their electricity bill.
At Enertika we are specialists in PPA contracts, so we invite you to contact us with any questions you may have. And if you are interested in photovoltaic self-consumption and you see it as a good option for your industry, more of the same.