Solar panels boom amid high energy prices in Spain
2022.Dec
30
In order to reduce energy bills and ease the pressure on living costs, more and more Spanish residents choose to install solar panels on their roofs.
This is a residential area located in the western suburbs of Madrid, the capital of Spain. Faced with high electricity prices since the beginning of the year, local resident Paloma Utrera decisively chose to install solar panels for his house in September this year.
Paloma Utrera, a resident of the suburbs of Madrid, Spain: In the past, we could still pay the electricity bill for this big house, but the electricity price had risen too much in the past few months, forcing us to choose solar energy.
After installing 13 solar panels on the roof, with the good sunshine this fall, Utrera said that her family can save about 50% of their monthly electricity bills. The local company responsible for the installation of solar panels also said that installing solar panels has become a trend for Spanish households to save energy bills.
Joaquin Gasca, head of the solar panel installation company: A family can usually save 50% to 60% of the cost. If a family pays 100 euros per month for electricity, when they install solar panels, their payment will drop. To €35-€45, that's a solid savings.
Data show that after the escalation of the conflict between Russia and Ukraine, the price of electricity in Spain continued to rise, reaching a historical high of 545 euros per megawatt-hour in March. Since then, although the price of electricity has been reduced, the overall price is still high.
It is understood that Spain has sufficient sunshine conditions and better utilization of solar energy resources in the early 21st century. However, due to the reduction of government subsidies and the introduction of related taxes during the financial crisis in 2008, the utilization of rooftop solar energy once stagnated. Affected by the high electricity price caused by the continuous energy crisis in Europe this year, Spanish people are more interested in the utilization of rooftop solar energy.
Source: SOLARZOOM