Benefits of Financing Photovoltaic Installations for Homes and Families with Solar360

More and more homes in Spain are adopting solar energy and self-consumption as a viable and accessible option. What was once considered a privilege reserved for people with high purchasing power or large companies has now been democratized thanks to financing options for photovoltaic installations. This allows families to benefit from significant savings on their electricity bills while also contributing to the increase in the value of their properties.

Since 2019, the number of households installing solar panels has seen a remarkable increase. This growth has enabled many families to reduce their energy consumption and, as a result, their electricity bills, achieving savings of up to 70%, depending on their usage and the characteristics of their homes.

However, the initial investment for these installations can be considerable, making financing a crucial factor in decision-making regarding self-consumption. Solar360, a joint venture of Repsol and Movistar, explains that financing options have evolved, allowing more families to access this technology without the need for a large upfront payment.

Financing plans are characterized by monthly payments tailored to the possibilities of each household, making it easier to tackle the costs gradually. This type of installation begins to generate savings almost immediately, allowing the investment to pay itself off in just a few years. Additionally, households can benefit from tax deductions on their Income Tax returns, which can reach up to 60% of the total installation cost, provided certain energy efficiency conditions are met.

Recognizing the importance of making this technology accessible, Solar360 offers various financing modalities, allowing families to choose the option that best suits their needs. The company highlights that their plans even allow customers to start paying up to three months after signing, generating savings that can be even greater than the monthly payment. This makes this option not only a cost-effective alternative but also an attractive choice for many families in the country.