Solar energy in Mallorca: funding opportunities, financing and examples
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Switching to solar energy on Mallorca is not only a contribution to environmental protection, but also an economically sensible decision. With more than 300 days of sunshine a year, the island offers ideal conditions for photovoltaic systems. In this article, you will learn all about the funding opportunities, financing options and how you can successfully implement your solar project – with Elektro Eggert S.L. as your competent local partner.
Why solar energy makes sense on Mallorca
On Mallorca, you benefit from consistently high levels of sunshine, which makes photovoltaic systems particularly efficient. This not only means lower electricity costs, but also increased independence from rising energy prices. In addition, regional and state programs promote the installation of solar systems, making it even more attractive to get started.
Funding opportunities for photovoltaics in Mallorca
Thanks to specific support programs, you can significantly reduce your investment in solar energy in Mallorca. Here is an overview of the most important points of contact and support:
| Promotion | Institution | Description |
|---|---|---|
| Photovoltaic subsidies | Institut Balear de l'Energia (IBE) | Responsible for the promotion and development of renewable energies in the Balearic Islands. Provides information on subsidies and programs for photovoltaic systems. |
| Tax advantages for solar systems | Agencia Tributaria de las Islas Baleares | Information on tax concessions in connection with the installation of solar systems. |
| Permits for solar systems | Local municipal administrations (Ayuntamientos) | Responsible for building permits and local regulations. Contact the town hall of your municipality for specific requirements. |
| General information on renewable energies | Conselleria de Transición Energética y Sectores Productivos | Provides comprehensive information and support in the field of energy transition and renewable energies in the Balearic Islands. |
Financing solutions: Your options at a glance
The financing of a photovoltaic system can be arranged flexibly. Here are the most common models:
- Bank loans:
Many banks in Mallorca offer special loans for renewable energies, with low interest rates and flexible conditions. - Self-financing:
For those who have the necessary funds, self-financing is the option with the highest savings. - Cooperation and crowdfunding:
Joint projects in which several parties finance the system and share the electricity are particularly popular on Mallorca.
Examples: Subsidies and savings
The new regulations in Spain offer attractive financial benefits for solar projects. Here are a few examples:
Private households – photovoltaic systems:
- For systems up to 5 kWp with 30 kWh storage capacity:
Subsidy of approx.600 EUR per kWp (corresponds to approx. 40 % of the costs).
Application deadline: Until March 2024. - For systems up to 10 kWp with 30 kWh storage capacity:
Subsidy of approx.600 EUR per kWp.
Application deadline: From April to December 2024.
Communities of owners – photovoltaic systems:
- Funding for systems up to 100 kWp with 100 kWh storage capacity:
approx.710 EUR per kWp .
Application deadline: Until mid-July 2024.
Heat pumps:
- Funding of up to EUR 9,000 for the installation of heat pumps.
Application deadline: From April to December 2024.
Wallbox (charging station):
- Funding of up to 80% of the installation costs for private or commercial charging stations.
Application deadline: Until July 31, 2024.
Electric cars:
- Subsidy of up to EUR 7,000 for the purchase of an electric vehicle.
Application deadline: Until July 31, 2024.
Step-by-step guide to implementing your solar project
- Needs analysis:
Seek advice from experts such as Elektro Eggert S.L. to determine the right system size. - Check funding opportunities:
Find out about the subsidies and tax benefits available on Mallorca. - Planning and approval:
Together with Elektro Eggert S.L., you plan your system and take care of the necessary approvals. - Installation and commissioning:
The team at Elektro Eggert S.L. will install your system professionally and efficiently. - Maintenance and monitoring:
Keep the performance of your system high by having regular maintenance carried out.
Elektro Eggert S.L. – Your professional for photovoltaics on Mallorca
As an experienced specialist for renewable energies on Mallorca, Elektro Eggert S.L. supports you in the planning, financing and implementation of your solar project. With local know-how and first-class service, we ensure that you get the best out of your solar system.
Contact us today and take the first step towards a sustainable future!
📧 Contact: service@elektro-eggert.es
📞 Phone: +34 601 92 48 97
