In this framework, companies will be the main affected by the reduction of subsidies. This is where renewable energies can play a fundamental role when it comes to rethinking strategies to make your business more efficient and, at the same time, collaborate with the care of the environment through the use of clean energy.
If we stop at the economic benefits for companies, the reasons to invest in photovoltaic panels are multiple. As an example, In provinces with average tariffs higher than AR$ 6.5 kW/H and assuming an adjustment of only half of inflation per year, the savings in electricity consumption means that a 20 kW project is repaid in 5 years. But in addition, since Law 27,424 (known as the “Distributed Energy Law”) was regulated, there are tax benefits in the provinces adhering to the law, which allows the repayment term of the investment to be shortened to 4 years (instead of 5). years) as a result of the application of the Tax Credit Certificate.
In terms of environmental benefits, the panels reduce the CO2 footprint, avoid the use of polluting sources for energy generation and lower the ambient temperature, collaborating with thermal insulation.
In addition, since Law 27,424 (known as the “Distributed Energy Law”) was regulated in 2018, power generation from renewable sources can be used for self-consumption and, if there is a surplus, it can be injected into the grid. distribution. There are also tax benefits in the provinces adhering to the Law. The latter makes it possible to shorten the repayment term of the investment which, in the example mentioned above, could be reduced up to 3 years (instead of 5 years) as a result of the application of the Tax Credit Certificate.
To graph the growth of distributed generation, the Secretary of Energy reported in January 2022 that the number of KW installed and connected to the network almost tripled (reaching 9,824 kW in January 2022 vs. 3,599 kW a year ago). Likewise, it is also important to underline that Córdoba concentrated 59% of that installed power due to two factors: first, because the rates in Córdoba are some of the most expensive in the country; second, due to the high levels of radiation in that province.
With the distributed energy law, the possibility of injecting surpluses into the distribution network allows the user to be empowered, who begins to have an active role with respect to their electricity consumption. A) Yes, The sectors that incorporate photovoltaic technology improve their cost structure compared to the competition, which maintains 100% of the consumption of the electrical network, being exposed to the variation of the rate.
One possibility is to acquire photovoltaic panels through a 5-year lease. This financial tool allows access to this type of renewable energy without immobilizing capital and generating immediate savings in electricity consumption and also tax savings due to the deduction of the monthly canon and amortizations. The monthly canon has an annual preventive maintenance included and the solar panels are “Tier one” which means that they have a 25-year generation guarantee.
Once the lease term is over, the client obtains energy production for another 20 years without associated expenses. The acquisition of a panel acts as a pre-purchase of energy, generating predictability, something that in today’s Argentina is not a minor detail.
Founding partner of ALP Group.
Source: Ambito
