Cook, heat, wash and watch TV with self-produced electricity. Being independent from energy companies and, best of all, earning a little extra money. Until recently, these advantages were reserved for entrepreneurs. Since recently, the purchase of a photovoltaic system also works without the tax office and brings many advantages for the owners.
The purchase of a solar system for your own home is not only worthwhile for tax saving reasons. Such a system also brings other advantages with it. But many questions are still open for inexperienced. What about the costs? Is there a financing? How is the system installed? Can I really produce my entire electricity only by a solar plant? And what exactly is a photovoltaic system? We will take care of all these questions today and show you the world of solar systems and how you can use the green energy for yourself. Are you also interested in an energy saving house to do even more for the environment? Learn more about the topic here: ‘Energy Saving House – Energy Efficient Home’.
The starting position for private individuals – what is there to consider?
By purchasing a photovoltaic system, the private person becomes an entrepreneur faster than most people realize. But why actually? This is quite simple to explain, because a photovoltaic system usually produces more electricity than a single household of the private person can consume. So more electricity is produced than can be used and the surplus electricity ends up in the public grid. For this electricity, which is fed into the grid by the private individual, he receives a payment, since the electricity cannot simply be given away. This is an amount of about 10 to 12 cents per kilowatt hour (kWh). And exactly here lies the problem, because who trades with river and by the sales money obtains, operates a trade, even if this happens quasi automatically. So the private person becomes an entrepreneur and that brings some disadvantages, especially in tax and bureaucratic consequences. For most private individuals it is already too complicated here, because it is made really difficult for them. Fortunately there is however an alternative, which can be used by private individuals, in order to save taxes and to escape these complicated formalities. Only if the private person uses the photovoltaic system almost exclusively for self-supply and does not make a profit with it, it is his private matter and he is not considered an entrepreneur. The tax office is therefore left out of the picture. It is advisable for private individuals to install a solar system that is only large enough to produce enough electricity for their own household. Difficulties are thus avoided and you can still do something for the environment and your conscience.
Photovoltaic system – how does the system on the roof work?
Simply put, a photovoltaic system converts light power into electrical power and provides the electricity for consumption. If you go deeper into the matter, you talk about efficiency, because the better the efficiency, the more energy the system converts. The current that flows here is the electrons. They hit the photovoltaic system with the energy of the light and the higher the efficiency, the better the electrons of the light energy can flow. The better they flow, the more light energy is converted into electrical energy and can be used by the end user. Actually explained relatively simple, in practice there are of course still some technical challenges around which the end user but fortunately does not have to worry.
The costs – a photovoltaic system for power generation and when it really pays off
The following things are needed for a solar installation: The solar panels, the substructure, the inverter and the wiring. The costs are also made up of these things. In addition, there are the costs for the installation or the labor. Private households usually get a smaller system, because they only want to cover their electricity production. These are usually a little more expensive than installing a larger system. The output for such small systems is usually around five to eight kilowatts maximum output. For such a plant a roof area of approx. 40 to 70 square meters is needed. The costs for such an example amount to between 8,500 and 13,000 euros. Such plants have a life span of approx. 20 years or longer. Such a system is really worthwhile if the electricity is used for self-consumption. Over such a period, an enormous amount of electricity costs can be saved. In addition, an energy storage system can be installed, which stores energy and makes it available later. In addition, you also have other advantages such as no dependence on energy companies and you do something good for the environment by using green electricity.
Install a photovoltaic system without a tax office
Especially private individuals do not want to burden themselves with the tasks that the stand as an entrepreneur brings with it. In order to still be able to install a solar system, they must be able to prove that the photovoltaic system is not being built for the purpose of later generating revenue. A private person, which installs thus a small Photovoltaikanlage on its real estate around the river even to use and thus no intentions on profit has + additionally the conditions to the small entrepreneur fulfills, does not have to become active once with the tax office. For safety’s sake, however, it is advisable to draw up a long-term plan in which the costs and the income or the amount of electricity produced and the amount of electricity used are listed. This way you are on the safe side. You do not have to pay taxes on it, because you use the electricity without the intention of making a profit.
Funding opportunities for photovoltaic systems – how you can finance your solar system
Especially for private individuals, the question quickly arises as to how such a project should be realized. Often the necessary money is missing. However, since this is something that has a positive impact on the environment, there are funding opportunities for private individuals who are interested in building a photovoltaic system. The Kreditanstalt für Wiederaufbau, for example, offers low-interest loans that private individuals can take advantage of. How much you are subsidized depends on the plant itself but also on your house. Size and type of system and new construction or renovation are arguments that can influence the interest rate. For detailed advice on your individual project, contact an advisor or specialist company in your area, who can inform you about all the funding options for such systems.
Checklist: What is needed to generate electricity with photovoltaics?
To install a photovoltaic system some things are needed. Specialist companies that install such systems can advise you individually in advance and help you with the exact decisions. However, some things are fundamentally necessary to install the solar system. The materials that are needed to install a photovoltaic system on your property are:
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