solar break even calculator – spain
Could you break even on a solar panel installation
in just 3-5 years?
Our solar break even calculator is the only one in Spain that estimates your:
✔ Years to break even (payback period)
✔ Annual return
✔ Energy bill savings in the next 10 years
✔ Solar grant, tax rebate & property tax (IBI) reduction
✔ Estimated system size (in kW)
Attention Homeowners in Spain!
- If you want to cut €100-500 off your monthly bill…
- If you want to future-proof yourself against energy crises…
- If you want to save €10,000s in the coming years…
Then this solar break even calculator will give the most valuable return on 5 minutes of your time this year.
Because you’re about to find out how quickly you could cover the costs of a solar installation on your property in Spain.
try the calculator now!How To Break Even on Solar Panels in Just 2-5 Years
The payback period for solar systems has fallen from 25 years to 15, 10, 7… and now just 2-5 years!
This is because:
- The cost of solar panels has fallen over 80% since 2000
- Parts of Spain (e.g. Alicante, Murcia, Almería, Malaga) are the sunniest places in Europe
- New feed-in tariffs finally allow homeowners to reduce their bills down to €0 and even earn credit each month!
But there’s one missing piece.
During the energy crisis in 2021-2022 homeowners were forking out for energy bills five times higher than normal.
If you used to pay €150…you would have paid close to €700 during the worst winter months.
But here’s the thing.
Homeowners who switched to solar before the crisis reached break even on their installation faster than they ever imagined!
Energy experts expect more crises will hit Spain until at least 2027, due to the country’s heavy dependence on foreign imports of liquified natural gas.
So when the next crisis hits…
Would you like to be one of the lucky few actually saving more money thanks to a solar panel installation?
The #1 Way Your Life Will Change After Going Solar
Saving money is the top reason why homeowners go solar…
But they don’t realise something.
They’re about to use more electricity at home than ever before!
After going solar it’s normal to:
- Run your aircon for longer in summer…
- Run your heating for longer in winter…
- Run your pool pump for longer all year…
- Switch on the washing machine or dishwasher without waiting for cheaper energy times…
- Start considering solar underfloor heating, an EV charger or a swimming pool heater…
And all this while paying 10-30% of your old energy expenses.
Life at home for you and your family becomes much more comfortable after going solar.
But first it has to make financial sense…
Are Solar Grants Still Available in Spain in 2024?
Solar grants funded by the EU ended on 31st December 2023.
However, depending on the region where you live you can still access
- A solar grant worth up to €3,000 for homeowners in Andalucia (until April 2024)
- A tax rebate worth up to €9,000 for tax residents in Spain, depending on where you live and how much tax you pay in your annual tax declaration
- A property tax reduction worth up to 50% of your IBI annual payments for up to 5 years, depending on the town where you live
The full package of incentives available is complex to understand and many times homeowners aren’t even told what is available.
But don’t worry!
We have built all the available information into our Solar Break Even Calculator to tell you how much you could save, and what you need to do to access it.
#1
Spain’s only solar break even calculator
500+
Homeowners Helped
About solar central
What Is Solar Central?
Solar Central is dedicated to getting accurate information about solar to foreign homeowners in Spain.
We’re a collaboration of renewable energy specialists and professional installers.
Our Solar Break Even Calculator is the only one in Spain to factor in feed-in tariffs, climate data, solar grants, tax rebates and property tax reductions.
We also introduced the Solar Central Standard with 10 service guarantees that installers can sign up to.
The Standard puts an end to stories of foreign homeowners being lied to about grant applications, not told about the virtual battery, with faulty systems and installers who never pick up the phone.
try the calculator now!Testimonials
Hear From Solar Central Users
“The Solar Break Even Calculator gave an instant result and helped us realise just how much we were wasting on electricity bills. “
Steve Gardner
Moraira, Spain
“Because of the unaffordable charges from energy companies in Spain I’ve been wanting to go solar for years. The Solar Calculator helped me understand not just the break-even but the other incentives as well.”
Kathryn Bell
Mijas, Spain
SOLAR BREAK EVEN CALCULATOR
Get Your Calculation Now
Frequently asked questions
How to Use the Solar Break Even Calculator
How long does the calculator take?
There are 4 steps which should take no more than 1-3 minutes to answer.
The result is generated instantly.
What do I need to use the calculator?
You need a copy of your latest electricity bill in Spain to hand.
The Solar Break Even Calculator asks for your electricity consumption (in kWh) and bill amount (€).
This is calculate your current electricity costs (€/kWh) and produce a break even estimation result.
Note – you will need a bill from the last 6 months.
What if I don’t have an electricity bill in Spain?
You will struggle to complete the calculator.
We built the calculate to generate a break even estimation and this is only possible by knowing how much electricity you’re currently consuming in Spain.
What if my electricity consumption is low?
The calculator does not work for properties consuming under 300 kWh per month – or paying under €50-60.
This is because the break even or payback period is significantly longer.
The Solar Break Even Calculator is ideal for properties paying more than €100-150 per month in electricity bills
What if my my property is a new-build or new home?
The Solar Break Even Calculator uses your existing electricity consumption to calculate your break even.
It will not work if you have no electricity bill yet in your property.
If you wish, you can click here to request a personalised break even estimation without an electricity bill.
Please include your property’s location and the appliances you wish to use.
What if my my property is a flat or apartment?
The Solar Break Even Calculator is for detached or semi-detached homes where you own your own roof or garden space.
If you own a flat or live in a community of owners the break even will not be accurate.
This is because you may have additional costs or difficulties in securing permits and installation licences.
Do I need to give my contact information?
You need to provide a valid email address.
The calculator sends a result to your email for you to keep.
After completing the calculator, you have the option to request 1-3 personalised break even estimations from vetted installers.
This is to give you an accurate picture of installation costs and break even.
Personalised estimations are optional.
If you accept, you will need to provide a telephone number.
If you decline, none of your data is retained by this website.
Will I Get Bombarded With Emails or Cold-Called?
No.
After receiving the calculation you will be signed up to our newsletter.
You can unsubscribe at any time.
If you choose to receive 1-3 personalised break even estimations you may receive a call for further information.
All installers follow our Solar Central Standard which stipulates zero unsolicited or out-of-hours cold calls and zero selling of personal data to third parties.
If a company breaches the Standard, please contact us and we’ll review their collaboration.
Why is this solar calculator different to other solar calculators?
There are three main differences:
- No other solar calculator in Spain estimates your break even or payback period
- No other solar calculator estimates your 10-year savings potential, solar grant, tax rebate and property tax reduction
- No other solar calculator gives you the chance to request 1-3 installation quotes from different companies
Most solar calculators exist to get your contact details and sell you an installation or kit.
But we are not allied with any one solar installer, equipment provider or region in Spain.
You can use this calculator purely to gather information.
Or, if you wish, you can choose to receive 1-3 personalised break even estimations from vetted installers.
The choice is yours.
How accurate is the Solar Break Even Calculator?
The Solar Break Even Calculator is the most accurate solar calculator in Spain.
This is because:
- It uses localised climate data to estimate the system size you need (in kW)
- It uses recent quotes in your area to estimate the break even for systems of the same size
- It provides two break even results: based on your electricity savings alone and based on your electricity savings + government incentives factored in
- It estimates your annual savings based on your current electricity costs (€/kWh) with your current provider
- It accounts for extra solar panels necessary to sell electricity to the grid and reduce your bill to €0 per month – allowing maximum savings
- It estimates your 10-year savings based on an inflation rate of 1.9% (the average inflation in Spain over the past 10 years)
- It accounts for a slight and normal decline in the output of your solar panels over the next 10 years
What is missing from the Solar Break Even Calculator?
The calculator is not 100% accurate.
This is because:
- It does not factor in the price of solar batteries
- It does not factor in other add-ons you might purchase – such as solar underfloor heating or an EV charger
- It does not factor in solar financing deals
- It assumes you will continue to consume the same amount of electricity in the years to come
- It assumes your consumption is more or less consistent during the whole year
For the most accurate break even estimation we recommend you get a personalised break even estimation from 1-3 installers via our website.
You can request quotes after completing your calculation.
try the calculator now!