Photovoltaics: a wise investment

Photovoltaic 2

Financing

As a result of the high profit-earning capacity of solar installations the financing is gladly and easily taken on by credit institutions.

The compensation for solar power is so high that it is even recommended to explicitly finance it by way of credit. Only a small portion – often not more than 10% of the investment total – should be financed by equity. And even this fraction is only temporarily invested. The capital assigned can be regained within a short period via solar power yields and project-related tax refunds.

Solar installations pay for themselves within a few years. After this the yields are pure additional income for the installation owner or solar park investor.

As a result of Kirchner Solar Group’s years of experience the company has been able to establish constructive partnerships with financing banks. This benefits the professional and smooth implementation of our customers‘ projects.

Feed in to the public electricity grid

If solar power is fed into the public power grid, the operators in Germany are due statutory compensation. Our employees will be happy to explain the current legal framework including the applicable rates of compensation on request. The compensation per kilowatt hour is defined on the basis of the date of commissioning and on the type and size of the installation. Roof installations are, for example, compensated at a higher rate than installations in open spaces, and small roof installations up to a certain limit of performance achieve a higher percentage rate than large ones.

Detailed and individual planning can consequently not only contribute to the quality of the installation but also to maximising the yield. Kirchner Solar Group therefore supports its customers in addition to project planning in the yield analysis and undertakes the formalities with the responsible energy supply companies.

Personal use of solar power

The personal use of self-produced solar power is particularly promoted by the German Renewable Energy Sources Act (EEG – Erneuerbare-Energien-Gesetz). The aim behind this is to decentralise energy supply in Germany and make consumers more independent.

The electricity prices set by energy companies are expected to continuously rise in the coming years. With their own solar power the installation owner not only saves the rising energy costs but also receives a state-determined compensation.

Overall, the personal consumption of solar power is even more interesting economically than feeding in to the public power grid. We offer our customers an individual analysis of their personal use as an additional service.