Solar energy is increasingly gaining incentives from different segments. Banking institutions, for example, are expanding lines of credit to finance renewable projects.
The Executive Branch is not left out either. In order to support the use of solar sources in the state of Maranhão, the Legislative Assembly approved at the beginning of August the PL 23/21, which provides financing and facilitated acquisition of photovoltaic systems by public servants.
Now, there is the possibility of photovoltaic technology also gaining incentives from real estate financing. This is because the SFH (Housing Financial System) legislation may include values corresponding to solar generation equipment and its installation, up to a limit of 10% of the value of the property acquired.
This is what establishes the PL 2015/2021, authored by senator Kátia Abreu (PP-TO). According to her, the objective of the proposal, which is currently being processed, is to make the installation of photovoltaic panels even more accessible, especially for low-income families who currently have difficulty affording the high initial investment in these systems.
“Residential solar is already a reality for users who want to produce clean, renewable electricity. The system can supply all of the property's energy consumption, generating savings of up to 95% on the electricity bill and paying off the investment in up to 7 years”, he highlighted.
When proposing the text, Kátia also highlighted Brazil's immense potential for generation from the sun. “In the least sunny place in the country it is possible to generate more photovoltaic energy than in the sunniest place in Germany, one of the leaders in the use of this source”.
Another point emphasized by the senator is the importance of solar energy given the effects of the lack of rain on the cost of energy in a predominantly hydroelectric matrix.
Read more: Water crisis and high electricity bills drive Brazilians' adoption of solar energy
“The water crisis, which has lasted for a few years, causes electricity tariffs to change during dry months. Consumption habits are also being influenced, causing people to start looking for an alternative to avoid high tariffs”, he concluded.
Source: Senado Agency