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ON-SITE CONSUMPTION OF SOLAR POWER INCREASES PROFITABILITY OF PHOTOVOLTAIC INSTALLATIONS

The practice of consuming solar power on site as opposed to feeding itinto the grid prevents consumers from having to buy expensive mains electricityand is bringing ever greater rewards. With end customers paying 29 eurocents/kWh for electricity and solar power costing around 12 euro cents/kWhto generate, on-site consumption is particularly attractive for privatehouseholds, and saves owners up to 60% in comparison to mainselectricity. 

On-site consumption is also an ideal option for commercial and industrialenterprises, which face an average commodity price (including electricity tax)of over 15 euro cents/kWh in comparison to on-site power production costsof 10 euro cents/kWh or less, depending on the location of theirphotovoltaic installation.

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