Algarve Solar Photovoltaic PV and Renewable Energy

SOLAR Panel PV Photo Voltaic, Geothermal, and Wind Turbine solutions.

Penguin handle all the necessary applications / paperwork etc for PV systems, which are significantly different from conventional solar heating systems. This is also because there are now excellent government-backed schemes to encourage the implementation of PV systems in homes in Portugal, i.e. whereby you generate electricity to sell to EDP at a rate higher than their standard charge rate to consumers.

The grant for Photovoltaic or PV is now definitely going ahead next year January 2012 and we are now taking orders.

In short:

The average price of a 4.8kw system (36m2 of panels) will be 15000 plus IVA
The average price of a 3.6kw system (26m2 of panels) will be 14000 plus IVA
The price is indicative as there may be some extra building work such as getting the cables to the meter but it is never usually much higher
The price you sell back to the EDP is 32.6 cents per kw for the first 8 years and 18.5 cents per kw for the next 7 years
Payback is on average 6 years.
A registration fee is payable of 615 Euros which puts your name on a rolling list for when applications are started in January (the sooner you do this the better as there is now lots of demand)
The IVA rate this year is 13% but it goes up next year to 23% - so there is an option to pay this year at the cheaper IVA rate - the equipment is bought and stored (at your residence if you wish) - and installed next year once your application is successful. If for some reason your application is not successful this money is refundable and equipment returned.
If you decide to go ahead we arrange a technical survey to finalize all the costs and send through a definitive quote.
The system is installed and operates entirely independently from your domestic electrical system(so no need to change that) – you simply earn an income from the electricity it inputs to the national grid, offset against your own EDP bills.
The only caveat to the scheme is that you must already have – or additionally install – a thermal solar system for your domestic / sanitary water supply.