As we approach the end of 2024, you might be wondering if it’s the right time to invest in a solar panel and aerothermal installation. Today, we want to explain why we believe November and December 2024 are the optimal months to take this step toward sustainability and savings. Here are three key reasons:
1.Price of Solar Panel and Aerothermal Systems
This year, the prices of solar panels, inverters, and other components of a solar panel and aerothermal installation are at a historic low. After a massive overproduction of equipment during the “bubble” of 2022, the market is flooded with stock, leading manufacturers to lower prices. To give you an idea, a solar panel that once cost €180 can now be found for around €60. Opportunities like this don’t last long, so taking advantage of the moment can help you significantly reduce your initial investment.
2.Electricity Prices and How They Affect Your Solar Panel and Aerothermal Installation
Looking back, in 2021 and 2022, we saw electricity prices soar. Today, prices are still fluctuating, averaging around €100/MWh, with even higher spikes during periods of high demand or resource shortages. Additionally, we know that electricity prices are weather-dependent, and as we’ve learned, the weather is unpredictable. We’re getting used to seeing high energy prices again, leaving behind the days when electricity seemed “free.” The lesson is clear: it’s better to prevent than to regret. By installing solar panels and aerothermal systems now, we can take advantage of low panel prices before demand rises again, along with their prices. In the long run, a solar installation helps protect against future price hikes and ensures substantial savings. It’s much cheaper to install now than to wait for prices to rise dramatically again!
3.Grants and Tax Incentives for Installing Solar Panels and Aerothermal Systems
Currently, in Andalusia, we have subsidies like the Plan Ecovivienda, which covers up to 80% of the installation cost. Additionally, by installing before the end of the year, we can deduct up to 60% of the investment in the IRPF tax return, with a maximum of €7,500 per year, both in 2024 and 2025.
DON’T MISS THIS OPPORTUNITY
As you can see, the current conditions are a unique combination of low prices, public subsidies, and the opportunity to save on your electricity bill. Acting before the end of the year could be the best decision to start enjoying the savings and peace of mind that solar energy and aerothermal systems offer.
What are you waiting for to take the step? Contact us: we offer a personalized study and quote, including the grants and subsidies you may be eligible for, with no commitment.
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