Invest in solar panels to offset energy rate increases

Invest in solar panels to offset energy rate increases

In a short time, the users of the medium segment without social rate (corresponding to a consumption of approximately 300kwh per month) will have an increase of 16.52% as of the month of June. In this way, the increase for the year 2022 will reach 42.7%, which is equivalent to 80% of the “CVS” (salary variation coefficient) of 2021, which was 53.4%.

Thus, the CVS published by the National Institute of Statistics and Censuses (INDEC) will be the indicator that must be monitored to know the value of the increase in rates. In the INDEC technical report published in March 2022, it is indicated that as of that month, the index accumulates an increase of 14.9% compared to December 2021. This indicates that the rate increase for 2023 already has a floor of 11.92% (80% of the CVS of 2022)considering only the variation of the index for the first quarter of the year.

So, as an approximation, it could be considered that the variation in the Consumer Price Index (CPI) is a good way to estimate the CVS and, from there, infer the increase in electricity rates.

Assuming that the CVS would have a similar trend to the IPC, the increase in electricity rates in 2023 for an average user would be 52.5%, and the average variation of the CPI for the year 2022 is 65.7%according to the data arising from the Market Expectations Survey published monthly by the Central Bank.

Applying this same criterion for the following years, the increases in electricity rates could be 41.8% and 35.7% for the years 2024 and 2025, respectively, with the projected variation for the CPI being 52. 3% for 2023 and 44.6% for 2024.

Given this scenario, many residential users and companies will be the main affected by increases in electricity rates. For this reason, renewable energies can play a fundamental role when it comes to rethinking strategies to generate savings and, at the same time, collaborate with the care of the environment through the use of clean energies.

According to the latest report from the Ministry of Energy, the promotional regime of Distributed Generation already has 13 provinces adhered to plus CABA and there are more than 200 registered distributors and cooperatives, with Buenos Aires being one of the provinces recently adhered to the law. This regime allows users to become active players in the energy scenario with respect to their electricity consumption, since 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.

Solar panels in Buenos Aires.jpg

In this frame, ALP-Group works for companies to improve their cost structure by incorporating photovoltaic technology. To do this, we add the option of acquiring photovoltaic panels through a 5-year lease, which facilitates access to renewable energy, which immediately generates savings in electricity consumption and tax savings by deducting the monthly canon.

On the other hand, companies must take into account that the panels have a 25-year generation guarantee issued by the manufacturer, so energy production is guaranteed for 20 more years once the lease term has expired.

The increase in the electricity rate and the Leasing alternative become a new saving opportunity. A financed pre-purchase of energy that replaces the traditional initial disbursement for a tax-deductible monthly canon.

Founding partner of ALP Group.

Source: Ambito

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