5 reasons to promote energy self-consumption

Photovoltaic solar energy consumption

Image result for Photovoltaic solar energyIn recent times, we have been experiencing a continuous escalation in the prices of our electricity bills and the tendency is for everything to continue like this. In addition, the excessive increase is also occurring in the wholesale market. The causes are not clear but different sources say that this increase is due to low wind, lack of rainfall, the rise in the price of gas, …

The debate is in the media, is a common theme among ordinary citizens, and from SotySolar we explain how energy self-consumption can be the solution to measure to stop this bleeding.

First, what is electrical self-consumption?

According to Law 24/2013, of December 26, of the Electricity Sector, in its article 9, the electric self-consumption is “the consumption of electrical energy coming from generation facilities connected inside a consumer’s network or through a direct line of electrical energy associated with a consumer “

Plain and clear, is the production of electricity for your own consumption with your own means.

Types of solar photovoltaic self-consumption

There are three types or modalities of self-consumption with photovoltaic solar panels:

  1. Self-consumption connected to the grid : it allows the consumption of the energy coming from the photovoltaic solar panels and when we do not have it, as we continue to consume energy from a third party, generally a commercial electric power company.
  2. Self-consumption isolated from the network : it allows you to consume all the energy you need without having to depend on a third party. For this, storage systems ( solar batteries ) must be included to supply your consumption needs.
  3. Shared self-consumption: it is a self-consumption facility that produces energy for different homes. Currently, it is unregulated following the decision of the Constitutional Court to annul article 4.3 and waiting for each Autonomous Community to regulate this matter.

5 reasons to promote energy self-consumption

  1. Spain has one of the highest irradiation rates in Europe. Without in Germany it is profitable, because in Spain “more and better”.
  2. As we spoke at the beginning of this article about the continuous increases in the price of electricity bills , self-consumption allows you to be independent of these increases, insofar as you are consuming your own energy.
  3. Increase and development of its own industries, that is, a multitude of companies will appear and tens of thousands of jobs will be generated to cover the needs of the self-consumption market.
  4. Self-consumption, by eliminating the production of energy with fossil fuels, contributes directly to the reduction of CO2 emissions, to curbing climate change and to making this world a more sustainable place for future generations.
  5. It is VIABLE ECONOMICALLY. A self-consumption facility of 2 kW can cost around € 5,000 and the amortization of this according to which zone is between 5 and 8 years with a useful life of 30 years. The savings achieved will be much higher than the investment made.

Main obstacles that hinder the expansion of self-consumption

We could group these into two groups, although mainly the difficulties are due to legal aspects

Architectural obstacle

One of the main problems of self-consumption with solar energy is that to produce huge amounts of energy, it is necessary to have large areas of territory.

Suppose that to cover the consumption needs of a family type it is necessary to have 2 kW, that is, 8 panels that occupy about 8-10 m2. So, for self-consumption a reality for all citizens of our country would be necessary to consider self-consumption in collective terms . On the one hand, the “dead” space of the roofs of the neighborhood communities and of single-family homes should be taken advantage of in order to generate poles of power generation as close as possible to the consumption pole.

Legal obstacles to self-consumption

If we think in particular terms, the obstacles to self-consumption are imposed by the legislation of the so-called Sun tax . The RD that regulates self-consumption in its entirety puts different pitfalls of different kinds: form of overturning the network, backup tolls, prohibition of the net balance, too difficult procedure for the legalization of installation of solar panels, etc.

However, everything indicates that these obstacles are going to disappear despite the reluctance of our government, whether by common sense or by European imposition.

Future of energy self-consumption

In SotySolar we aim to bring self-consumption to all citizens and businesses. We know that the future of energy goes through self-consumption and distributed generation .

Citizen awareness begins to be a fact and the increase of interested in solar energy and self-consumption is increasing. It would be risky to say that the energy change has arrived but, at least it is not, to say that 2018 is interesting and is the year of change.

 

 

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Unicaja Banco participates in a conference on financing and investments in energy efficiency for Andalusian companies

Unicaja Banco participates in a conference on financing and investments in energy efficiency for Andalusian companies

Image result for energy efficiencyUnicaja Bank has participated, together with the Official Credit Institute (ICO), in a conference held in Seville for companies and businesses on financing and the new line to support investments in energy efficiency created by the ICO and the Institute for Diversification and Energy Saving (IDAE).

This line, to which the Unicaja Banco Group is affiliated, is aimed at improving the energy consumption of the hospitality industry, small and medium enterprises and large companies, both in the industrial and commercial sectors.

This informative day, organized in collaboration with the Business Confederation of Commerce of Andalusia (CECA) has counted with the participation of about fifty businessmen, as well as presidents and representatives of different groups of Andalusian commerce.

The session, held this past Tuesday at the Mercantile Circle of Seville, was opened by the Secretary General of the ECSC, Fernando J. Pérez, and by the territorial director of Commerce and ICEX of Andalusia of the Ministry of Economy, Industry and Competitiveness, José Álvarez, and had the participation of the Head of the Mediation Management Area of ​​the ICO, Javier González, who was in charge of presenting the main features of the new financing line.

On behalf of Unicaja Banco, the director of Corporate Banking, Salvador Navarro, has contributed information on the specialized products available to the financial entity to finance SMEs in the region, with special emphasis on specific loans for investments that you want to make in terms of energy efficiency.

Through this new line of the ICO and the Energy Diversification and Saving Institute (IDAE), funds (a total of 100 million euros) have been set up so that the financial entities subscribed to the programs can provide the companies with the credits required to carry out projects on energy efficiency.

In this sense, the Unicaja Bank Group is one of the few entities that has joined the new ICO-IDAE line of Energy Efficiency 2018, with agreements recently signed with the ICO by both Unicaja Banco and its subsidiary EspañaDuero, which enables it to facilitate both SMEs and large companies financing to carry out energy efficiency projects.

In particular, the costs aimed at achieving the reduction of carbon dioxide emissions as well as the final energy consumption through the use of energy efficiency can be financed.

This line of financing is available for SMEs and large companies in the industrial, commercial and hospitality sectors. To apply for credits for this purpose, companies and businesses in Andalusia can go to any branch of Unicaja Banco.

In addition, as usual, the entity offers one more year the ICO line for companies and entrepreneurs, aimed at facilitating financing for productive investments and providing liquidity.

The interest of the Unicaja Bank Group in making the ICO’s financing lines available to companies, responds to the exercise of its activity as a financial and credit entity of a social nature that plays a relevant role in promoting territorial economic development through the financial support of companies and entrepreneurs.

The offer of the ICO lines is in addition to the wide range of specialized financial products and services that Unicaja Banco provides to companies, self-employed workers and entrepreneurs in support of their activity.

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Unicaja Banco participates in a conference on financing and investments in energy efficiency for businesses

Unicaja Banco participates in a conference on financing and investments in energy efficiency for businesses

Related imageUnicaja Banco has participated, together with the Official Credit Institute (ICO), in a conference held in Malaga to companies and businesses on financing and the new line to support investments in energy efficiency created by the ICO and the Institute for Diversification and Energy Saving (IDEA).

This line, to which the Unicaja Banco Group is affiliated, is aimed at improving the energy consumption of the hospitality industry, small and medium enterprises and large companies, both in the industrial and commercial sectors.

This informative session, organized in collaboration with the Andalusian Business Confederation of Commerce (CECA), counted with the participation of some 60 businessmen, as well as presidents and representatives of different groups of Andalusian commerce.

The session, held at the headquarters of the Confederation of Businessmen of Malaga (CEM), was opened by the Secretary General of the CECA, Fernando J. Pérez; the executive vice president and general secretary of the CEM, Natalia Sánchez, and the provincial director of Commerce in Malaga of the Ministry of Industry, Commerce and Tourism, Rafael Fuentes, as well as the technician of the Mediation Management Area of ​​the ICO, Javier González Lapeira.

On behalf of Unicaja Banco, Ana María de la Fuente, responsible for Entrepreneurship and Agreements with Collectives of the Business Banking Directorate of Unicaja Banco, has contributed information on the specialized products available to the financial institution to finance SMEs in the region, with special emphasis on specific credits for the investments that they want to make in terms of energy efficiency.

Through this new line of the ICO and the Energy Diversification and Saving Institute (IDEA), funds (a total of 100 million euros) have been made available so that the financial entities subscribed to the programs can provide the companies with the credits required to carry out projects on energy efficiency.

The Unicaja Bank Group, have highlighted, “is one of the few entities adhering to the new ICO-IDAE line of Energy Efficiency 2018”, with agreements recently signed with the ICO by both Unicaja Banco and its subsidiary SpainDuero, which makes it possible for can provide both SMEs and large companies with financing to carry out energy efficiency projects.

In particular, the costs aimed at achieving the reduction of carbon dioxide emissions as well as the final energy consumption through the use of energy efficiency can be financed. This line of financing is available for SMEs and large companies in the industrial, commercial and hospitality sectors.

To apply for credits for this purpose, companies and businesses in Andalusia can go to any branch of Unicaja Banco. In addition, the entity offers one more year the ICO line for companies and entrepreneurs, aimed at facilitating financing for productive investments and providing liquidity.

The interest of the Unicaja Bank Group in making the ICO financing lines available to companies, responds to the exercise of its activity as a financial and credit entity “of a social nature that plays a relevant role in promoting territorial economic development through of the financial support of companies and entrepreneurs “.

The offer of the ICO lines is added to the range of specialized financial products and services that Unicaja Banco provides to companies, self-employed workers and entrepreneurs in support of their activity.

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Solve your doubts about green electricity

Solve your doubts about green electricity

 

The use of the term green electricity or green energy is becoming more frequent  . The electric companies begin to offer the hiring of this type of energy and there are more individuals and companies, sensitized with the care of the environment, who acquire it. 

But what does the term green energy mean? How does this energy reach homes or businesses? Can I be sure that the electricity I contract is 100% renewable ? Is more expensive? 

 

What is it?

Green energy is understood as one that comes exclusively from 100% renewable and inexhaustible sources (wind, solar, hydraulic, biomass, geothermal …). Greenhouse gases, in particular CO 2,  and other polluting gases are not emitted in the green electricity production process , unlike the energy produced through the combustion of fossil waste (coal, gas, or oil).

 

How do you get to homes or businesses?

The electricity produced (green or conventional) in the different generation plants is poured directly into the distribution network . From that moment, the energy is indistinguishable, it can not be differentiated that which has a renewable origin from that which does not.

 

However, when a consumer contracts with his commercializadora green electricity , what is guaranteed is that the same amount of electrical energy that will consume in your home or company, will have been generated from renewable sources and, therefore, will have been avoided the pollution of the environment.

 

What guarantees are there that it is 100% renewable?

Throughout the European Union there is a mechanism called System of Guarantees of Origin (GdOs) and Labeling of Electricity. In Spain, the National Commission of Markets and Competition (CNMC) is the regulatory body that issues Guarantee of Origin certificates , which certify the amount of renewable energy generated by a producer of electricity for a full year. 

The green energy producers transfer these Guarantees of Origin to the trading companies so that they, in turn, can sell the green energy and the end user can contract it. We can consider that the system is safe, because the official agencies in charge are concerned with recording each transfer of certificates to avoid double counting. 

Any consumer who decides to contract green electricity can check the guarantee of the origin of said electricity, by entering their CUPS (unique number for each supply point that identifies it, appears on the electricity bill) and fiscal identification (NIF or CIF) directly in the web of the CNMC .

This way you will have the certainty that you are producing a quantity of renewable energy equivalent to the one you are consuming.

 

Is more expensive?

As in the case of conventional electric power, the types of rates that can be contracted in the renewable energy sector are many (rates for companies or individuals, tariffs with or without hourly discrimination …). Recruitment can be done well with large traditional companies or with small traders and renewable energy cooperatives that are dedicated solely to the commercialization of this type of energy.

Depending on the selected marketer and the type of tariff, a final price will be obtained. In any case, the rates  do not have to be more expensive than the conventional ones and have the advantage that with their hiring they contribute to the care of the environment.

 

What implications does it have?

Currently, the demand for green energy in our country is much lower than what is actually produced. In Spain, during 2016, 41.1% of the generated energy came from renewable sources. If the demand increased and approached the supply, electricity producers would probably opt for new renewable energy production plants which, in turn, would imply a lower demand and production of conventional, more polluting electric energy. 

Knowing all this about green energy … What is your choice as a consumer?

Do you join the change?

 

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Lack of money, obsolete network and hurricane make electricity difficult in P.Rico

Lack of money, obsolete network and hurricane make electricity difficult in P.Rico

Image result for puerto rico electricitySan Juan, Feb. 18 (EFE) .- Puerto Rico’s state power company will decrease its generation due to lack of money, just when the island began to recover after the destructive attack of Hurricane Maria, which ended almost five months ago. to demolish its already old-fashioned network.

As announced in a statement on Friday the Electric Power Authority (AEE) as of this Sunday will begin the reduction of generation in certain units of the network although the measures “should not interrupt the current electricity service, but may have a impact on your stability. “

This Sunday, the director of generation of the AEE, William Rivers, explained that the contingency plan for economy will be based on shutting down redundancies (power reserve) in some plants, without affecting the service to customers.

On Thursday, in New York, Judge Laura Taylor, who is in charge of the bankruptcy proceedings of the island, denied a request for PREPA to obtain a loan of 1,000 million dollars that was intended to maintain the operations of the public corporation, while it continues with the restoration of electricity service in Puerto Rico after the hurricane.

Now PREPA is waiting to be granted a new one, but 300 million.

Taylor’s decision will be announced next Tuesday.

The situation of PREPA is pressing with a million dollar debt of 9,000 million dollars and a network that is in the process of getting up after the hurricane that knocked down an already obsolete network.

At the same time, it is waiting for 4.9 billion dollars approved by the federal Congress for loans for community disasters, which the PREPA and the island government have urged the US Treasury Department and the Federal Agency of Management of Emergencies (FEMA, in English) to make it viable.

In fact, the governor of the island, Ricardo Rosselló, has deposited in the Treasury the responsibility of whether the electricity system falls due to lack of financing.

“This happened in October, we are in talks with the Treasury and they have not yet given us what the terms are, the Treasury has to move because this is an urgent situation,” Rosselló said at a press conference in Philadelphia (EE. .UU) last week.

The AEE, which has a multi-million dollar debt of about 9,000 million dollars, reported today that it has 4,678 workers in the distribution lines and 850 in the transmission lines.

Generation is 93.9 percent and 83.09 percent of the 1,223,901) clients already have service.

But in spite of the official figures the reality is different in many places of the island, including the capital itself, San Juan, where there are still areas without light and a good part of the traffic lights do not work and in many houses the energy goes away frequently. .

They also highlight villages, many of the interior of the island, where, two days after the end of five months the passage of the hurricane, there is still no light and portable ice coolers with ice and electric fireplaces are their new reality since September 20, 2017 .

One of these cases, highlighted by the famous Spanish chef José Andrés in his official account of the social network Twitter, is that of Punta Santiago, a neighborhood in the eastern municipality of Humacao.

Five months after the hurricane said area remains without light and their schools close at 11.30 in the morning as they can not feed them due to lack of energy, as José Andrés has recalled.

The electrical problem on the island is one of the heels of Achilles of their governments.

In September 2016, the island was left in the dark for four days due to a fire at a substation, which highlighted its weakness.

For the current Government, while the immediate problem of the lack of financing of the company is solved, the light at the end of the tunnel goes through the sale of PREPA assets.

The governor announced on October 22 that this is an initiative that will benefit all segments of society and that will be a starting point for the development of the economy of Puerto Rico.

The chief executive stressed that privatization will mean ending “the obsolete current electrical system” and a leap towards the modernization of Puerto Rico.

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Challenges of the Autonomous State, financing of terrorism and energy, protagonists this week

Challenges of the Autonomous State, financing of terrorism and energy, protagonists this week

Palacio De La Magdalena En SantanderThe summer courses of the Menéndez Pelayo International University (UIMP) will address, in its fifth week of academic activity, topics such as the financing of terrorism, the challenges of the Autonomous State, energy in the new digital era or the right to decent housing, and will be attended by the Secretaries of State of Energy, José Domínguez, and Justice, Manuel Dolz.

Macrotendencias such as electrification, energy efficiency, the reduction of costs of technologies or the integrating role of the networks show how the future of energy will be and on what pillars the transforming strategies of companies in the sector will be supported, are some of the topics that will be addressed by the meeting The energy of the future in the new digital era (July 16 and 17).

The Secretary of State for Energy, José Domínguez; José María Marín Quemada, president of the National Commission of Markets and Competition, Jorge Sanz, president of the Commission for the Energy Transition or María José Rallo, general secretary of Transport of the Ministry of Development, among others.

Another of the essential events of the week will be the meeting The financing of terrorism (from July 18 to 20), which will provide a historical perspective on this issue in Spain, but also in other countries. That look at the past will be completed with other analyzes on how the financing of terrorism by security forces operates and how it is pursued at present.

To do so, it will include presentations by María del Mar Blanco, president of the Victims of Terrorism Foundation, Florencio Domínguez, director of the Victims of Terrorism Memorial Center, Juan Carlos Calleja, money laundering prevention service, SEPBLAC or Manuel Ventero, director of Communication and Institutional Relations of RTVE.

Financing will also be discussed at the meeting The challenges of organization and financing in the Autonomous State Reform or collapse? (from July 18 to 20). “Given the current reality, it is necessary to establish a minimum basis to dialogue and solve problems from serenity and common respect.” That is what this meeting intends, “to make an analysis of the model and the possible alternatives to the territorial coexistence of the State”, as reported by the UIMP in a press release.

For its part, the meeting The right to decent housing in Spain today (July 19 and 20), will have as speakers the Supreme Court magistrate, José Manuel Bandrés, the ombudsman, Francisco Fernández Marugán, the president of the Federation of Housing Cooperatives, Juan Casares, the spokesman of the Platform Affected by Mortgages (PAH), Francisco Morote, or the economist Ramón Tamames.

IBEROAMÉRICA

In the meeting Ibero-American Cultural Space: audiovisual and sports (16 and 17 of

July), will feature personalities such as the president of EGEDA, Enrique Cerezo, the directors and producers Gerardo Herrero and Álvaro Longoria, the writers and essayists Fernando Savater and Enrique Krauze, the former president of Uruguay Julio María Sanguinetti or the president of the Liga de Fútbol Profesional , Javier Tebas.

There will also be a meeting of Multilatinas companies (from July 18 to 20), which this year celebrates its fifth edition under the title Growth, development and integration in the Ibero-American community, and in which the former Minister of Economy, Ramón Escolano, will participate. Director of International Relations of Iberdrola, José Gasset, the President of the Ibero-American Business Foundation and former Minister Josep Piqué i Camps, again Sanguinetti, the President of the Official Credit Institute, Pablo Zalba, the former Minister and Vice-President of the FIE, Trinidad Jiménez and the Former Director of the UIMP, César Nombela.

The meeting VI Collecting, appreciation and value of contemporary art (from July 16 to 18) will discuss the new encyclopaedists: the artist as a collector / collector as an artist. It will feature artists such as Ignasi Aballí, Kurt Caviezel and Corinne Vionnet, the president of the IAC, Isabel Durán, the gallery owner Pilar Serra or the president of the Association of Private Collectors of Contemporary Art, 9915, Jaime Sordo.

Hand in hand with the Cultural Association Plaza Porticada, the UIMP will celebrate the meeting Arts, letters and sciences: Santander creators. Jesús Flórez, a committed scientist (July 16 to 18). Directed by Ángel Pazos, rector of the University of Cantabria and María Hurlé, Professor of Pharmacology, the course will analyze the life and work of Flórez as well as its impact on society as a teacher, scientist and person committed to the most vulnerable.

For his part, the designer Juan Vidal will give the workshop of the author and his work Fashion: imagination, intuition and feelings in the creative process (from July 16 to 20).

JUSTICE

The meeting Criminal process: fundamental rights and advocacy in other judicial and administrative proceedings (July 19 and 20) will review the challenges that the current reality poses to maintain and strengthen the guarantees of fundamental rights in the criminal process. José Javier Huete, prosecutor of the Coordinating Committee for Minors of the Attorney General’s Office, Manuel Marchera, president of the Second Chamber of the Supreme Court or Guillermo García-Panasco, fiscal lieutenant of the Technical Secretariat of the State’s Attorney General will speak.

This week also returns to the Palace of the Magdalena the meeting A justice of the future (July 16 and 17), which in its fourth edition aims to address with the main experts of the Administration of Justice, the search and development of a new model that allows respond to the needs demanded by citizens.

Among others, the Secretary of State for Justice, Manuel Dolz, the president of the Observatory against Domestic Violence and Gender, María Ángeles Carmona, the General Secretary of the Santander Council, Adolfo Díaz-Ambrona, the President of the General Council of Procurators of Spain, Juan Carlos Estévez or the president of the General Council of the Spanish Law, Victoria Ortega.

The meeting The investment, financing and management of transport infrastructures (July 16) will be inaugurated by the Secretary General of Infrastructures of the Ministry of Public Works, José Javier Izquierdo and the President of the General Council of Economists, Valentín Pich.

The Secretary General of Transport of the Ministry of Development, María José Rallo, the president of the Engineering Institute of Spain, Carlos del Álamo, the financial economic director of Globalvia, Alberto García and the former Secretary of State for Infrastructure, Transport and Housing, Julio will speak. Gómez-Pomar.

Schools will also be very present this week, such as the XIXth Biology course by the scientist Margarita Salas, in which the researcher, molecular oncologist and former director of the National Center for Oncological Research (CNIO), Mariano Barbacid, will intervene.

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Almost half of Barcelona families suffering from energy poverty have dependent children

Almost half of Barcelona families suffering from energy poverty have dependent children

Image result for light povertyIn about half of the families in Barcelona with difficulties in paying electricity, water or gas bills, 48.4%, there are minors. On the other hand, in 54.3% of households where people affected by this problem live, that of energy poverty, all of them are unemployed and 67.9% of those who suffer from it are women. They are data of a report that has presented / displayed this Thursday the City council, elaborated from the analysis of the people who go to the 10 Points of Energetic Advice (PAE) that there is in the Catalan capital.

These, which provide information and help to all citizens who request it and have been in operation for a year, have attended at the moment 22,887 people from 8,310 households – a university study of RMIT Europe number in 170,000 citizens affected by this type of poverty in Barcelona, ​​which translates into 10% of the population. In addition, the deputy mayor of Drets Socials, Laia Ortiz, has pointed out that the PAE have avoided 5,020 cuts of supply to economically vulnerable families.

Among the achievements of the municipal government, Ortiz announced, is also to have got Aigües de Barcelona (Agbar) has signed an agreement by which he agrees not to cut water to anyone without first informing the Consistory, to prevent it from see disadvantaged citizens at risk of exclusion. The City Council, for its part, is responsible for finding out if there is a situation of vulnerability within a maximum period of 15 working days. In case there is not one, the company will be able to contact those affected and will have to give them 30 calendar days so that they have the opportunity to settle their debt and thus avoid a suspension of supply.

After announcing the contents of this agreement, the deputy mayor explained that work is being done for the other suppliers to sign similar ones and has informed, in more detail, the results of the report about the people served in the PAE . It has indicated, among other aspects, that the most frequent thing is that they are between 35 and 54 years old and that 44.9% are from outside Spain , while 39% were born in Catalonia and 16.1%, in the rest of the State.

Ortiz also pointed out that 11.9% of families requesting care are single-parent and that 4% have one of their members connected to a healthcare machine with an electrical connection. 30% declare living in floors with damp or structural defects.

The report also reveals that the vast majority of those served do not know their rights as an energy consumer. Thus, 86% of the families do not benefit from the discount of the social bonus and 92.8% do not have hourly discrimination.

And as for the activity of the PAE, the study shows that during its first year of existence have managed 1,200 social bonds , in addition to 1,428 changes of power with supply companies that have saved those affected by energy poverty 54,000 euros. They have also processed 860 changes of ownership of contracts.

These advisory points have an annual budget of 2.2 million euros and a staff of 50 professionals.

Five sanctions

To date, five sanctions have been imposed on Endesa for a total value of 350,000 euros for having cut off the supply to families without having previously consulted the municipal social services if they were in a situation of vulnerability and having thus violated the Catalan law 24/2015 of energy poverty.

There are also 17 other disciplinary proceedings, both against this company and against GNF, Iberdrola and Aitel, which follow their path and are in different stages of processing.

Last December a sentence annulled the protocol for the application of this law but the City Council still considers it fully valid.

Electricity, among the most expensive in the EU

In addition to the municipal study, another one has also been presented by the university team of RMIT Europe. Its director, researcher Sergio Tirado, has pointed out that in the majority of households where energy poverty is suffered “electric heat predominates , which is problematic because the prices of electricity in Spain are among the highest in the European Union (EU ) “.

The report of RMIT Europe also points out that Ciutat Vella is the district of Barcelona where there is more energy poverty . They are followed by Nou Barris and Horta-Guinardó.

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Loans and state aid to improve the energy efficiency of our home or community

Loans and state aid to improve the energy efficiency of our home or community

Image result for energy efficiencyBoth for safety and for energy saving, old homes need reform sooner or later. Not only for aesthetics, then, deficient electrical, gas and water systems can generate serious problems or accidents such as fires or floods. In addition, adapting our house to an efficient consumption allows us to save in the long run and help to improve the environment. However, this type of works usually have a cost for which we may not have money now and need to resort to loans or other aid . Today we are going to see two types of financing: a state one through the Housing Plans and another one of private capital through loans.

Program 5 of the State Housing Plan 2018-2021

The Ministry of Development has presented the State Housing Plan 2018-2021 through Royal Decree 106/2018, of March 9. This provides various aids for rent, for people in situations of eviction or for young people, for example. In total there are 9 different programs. Program 5: Promotion of the improvement of energy efficiency and sustainability in housing is what interests us for the topic that we are going to discuss today. The main features of this program are:

  • Aid aimed at improving energy efficiency and the sustainability of single- family homes and buildings.
  • Who can request them? Owners of single-family homes, apartments and entire buildings, both natural and legal persons. They can also request communities of owners, cooperatives, construction or rental companies and energy services companies.
  • Some requirements: priority to homes prior to 1996. In addition, they are required to be habitual and permanent residence of the owners or tenants . In the case of buildings, at least 50% of the houses must be habitual homes. We must also present a technical report that proves the need to reform the house.
  • Amount of aid: for single-family homes, it will not exceed 12,000 euros or 40% of the eligible investment . When income in the single-family home is less than three times the Public Indicator of Income of Multiple Effects (IPREM), the aid may reach 75% of the investment. As for the aid allocated to buildings, the amount to be granted will not be greater than multiplying 8,000 euros for each dwelling . In addition, it can not exceed, on the other hand, 40% of the investment of the action.

These features are very general and the aids contemplate other peculiarities, so if we believe that our home falls within the basic parameters and conditions we can inform ourselves more thoroughly. In this way, we will know if we are possible beneficiaries of these aids and we can rehabilitate our house making it sustainable.

Private equity reform loans are another option

If this state aid does not adjust to our reality or is not destined to our circumstances, almost all banks and private equity lenders have some reform loan that can help us finance the works of our house.

Loan Maximum quantity Cost Advantage I’m interested
Cetelem Reform Loan € 60,000 From 5.95% TIN (6.12% APR)
  • Zero commission
  • Without links
  • Without changing bank
Apply for
P2P Loan Reform Younited Credit € 40,000 From 5.92% TIN (7.72% APR)
  • Commission for management
  • No linked products
  • Without changing bank
Apply for
EVO Finance Personal Loan € 30,000 From 7.00% TIN (7.23% APR)
  • No commission opening or study
  • Without links
  • It is not necessary to change bank
Apply for

Contemplating the different financing options for our reform can save us. In addition, we can combine both state aid plus loan reform. The ideal is to compare several options to make sure we choose the best one.

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