English 
Spanish 
4 min read
0 comments
Red flags and low prices boost the solar energy market. Extra charges and 20-year durability make solar energy a profitable option.
Red flag and price reduction stimulate the market solar energy. Tariff increases and a 20-year useful life position the solar energy as a economically advantageous alternative.
With the period of intense heat and drought, the cost of electricity is rising in many Brazilian states. Recently, the National Electric Energy Agency (Aneel) announced an additional fee on electricity bills for the month of September. Given this scenario, more and more people are opting for photovoltaic energy, a renewable energy source which contributes to reducing expenses in the long term. In addition to offering a more sustainable solution, the transition to this clean energy reflects a growing concern for the environment.
Red Flag: Review and Impacts on Electricity Bill
The tariff flag currently in force is the red level 1, implying an additional cost of R$4,463 for every 100 kilowatt-hours (kWh) consumed. Last week, the National Electric Energy Agency (Aneel) had announced that it would adopt the red level 2 flag, but this decision was revised. review occurred after correction of information provided by the Monthly Operation Program (PMO), under the responsibility of the National System Operator (ONS).
- The end of solar panels? With the price of a cell phone, a new residential wind turbine generates 150 kWh of energy for your home, rain or shine, has a useful life of 20 years and promises to revolutionize energy generation in the world
- Giant batteries revolutionize solar and wind energy, promising unprecedented efficiency and making electricity bills cheaper: the future of energy is closer than you think!
- Ceará enters into a billion-dollar partnership with a Chinese company to revolutionize renewable energy in Brazil, betting on green hydrogen with the expectation of generating almost 1 jobs
- Energy storage reinvented: the BESS system is here to change everything! Learn how it surpasses off-grid systems and offers incredible solutions
Climate Challenges and Energy Alternatives
The increased cost is justified by current climate conditions, which predict rainfall below the historical average, negatively impacting water levels in the country's reservoirs. In this scenario, solar energy emerges as a viable and cost-effective alternative. Using the sun for production and reducing energy costs has proven to be an advantageous alternative in 2024.
Economic Benefits of Solar Energy
Through solar power generation, with the installation of a photovoltaic system, it is possible to achieve savings of up to 90% on your electricity bill. In addition, it contributes to the production of clean energy, a significant benefit for the environment. Investment in this type of technology has a payback period of approximately 3,3 years, after which the consumer will have paid off the system and will begin to see the financial return.
However, from the initial moment of operation of the solar energy system, savings on bills can reach up to 70%. Another beneficial aspect is the 20 year durability of photovoltaic systems, representing a significant advantage in the medium and long term for the consumer.
Drop in Solar Energy Kit Prices
Compared to the year 2023, the solar power kits price showed a 30% reduction, according to research by the consultancy Greener. The kits include photovoltaic modules, inverters, mounting systems, cabling and protection. Anderson Oliveira, founding partner of Grupo EcoPower, highlighted a increase in sales de photovoltaic panels in June 2024 compared to the same month in 2023. Last year, 12.290,87 kwp were sold, equivalent to approximately 22.347 550 wp panels. In 2024, sales reached 16.273,70 kwp, or 29.588 550 wp panels.
Growth and Fall of Prices in the Market
This increase represents a 32,4% growth in the volume sold (kwp) compared to the same previous period. The company's photovoltaic kits suffered an 18,5% drop in the average kwp value, explained by the drop in retail prices, low demand of the market and the high stock volume of distributors in the first half of 2023.
The Expansion of Solar Energy in Brazil
According to data from the Brazilian Association of Photovoltaic Solar Energy (ABSOLAR), solar energy represents 19,4% of Brazilian energy matrix, totaling 45.736 MW, second only to hydropower, which accounts for 46,7% of production. In addition to the economic benefits, the use of solar energy is one of the sources of renewable energy most promising and expanding in Brazil and globally, attracting investment and support from governments around the world. Since 2012, solar energy initiatives have avoided the emission of 55,4 million tons of CO², according to accumulated figures from ABSOLAR, standing out as a source of sustainability.
EcoPower's trajectory in the Solar Energy Market
EcoPower, with 11 years of experience, began its operations in Barretos (SP) in 2013, with a family structure. Founders Anderson Oliveira and Náchila Oliveira, married since they were teenagers, followed the development of electricity generation technologies in Brazil and invested in the solar energy segment, focusing on the installation of photovoltaic panels.
After a modest beginning, the couple's photovoltaic system installation techniques have gained recognition, especially in the interior of São Paulo and Goiás. The company currently has more than 350 franchises, operates in 26 Brazilian states and the Federal District, and has carried out more than 50 installations in homes, industries, businesses and rural areas.
EcoPower's mission is to offer solutions in the area of solar energy with cutting-edge technology and customized projects to meet the specific needs of each client, contributing significantly to the expansion of renewable energy in Brazil.
Source: Press
