The highest values of insolation occur in Badajoz, Seville, Almeria and Alicante, with an average of 2,800 to 3,000 hours of sunshine per year, according to Gap Size Chart. If we take as a reference a house in the Andalusian capital, where there is an average of 2,906 hours of sunshine a year, it would be necessary to install 13 panels, generating a saving of 720 euros per year on the receipt. This translates into an investment that could be amortized in eight years and a total saving of 12,100 euros in 25 years. If we focus on provinces located north of the peninsula, we must bear in mind that the difference in hours of sunshine is much more noticeable. In Vizcaya, there is an average of 1,590 hours of sunshine per year, which would require the installation of more solar panels, specifically 17, which means a saving of more than 680 euros a year, or what is the same, an annual light bill 61% cheaper. In this way, the investment would be amortized in about 10 years and the total savings obtained in 25 years would be 10,284 euros.
Gap Size Chart
Subsidies for self-consumption allow savings in the installation of between 40 and 50% of the electricity bill. These subsidies, intended mainly for installations in single-family homes or neighborhood communities, may be requested by anyone who wishes to install solar panels in their home. At present, the recent regulations of the different autonomous communities allow subsidies for anyone who wants to install solar panels for self-consumption and amount to between 3,000 and 4,500 euros. These subsidies are applied as a percentage of the total price of the installation and in some cases do not apply to VAT, according to Selectra, the first comparator of electricity and gas.
Italy is stagnating or even regressing in structural reforms, something that is considered essential for growth. This was reiterated on Wednesday by the European Commission that decided to open an infringement procedure against Italy due to its high public debt and excessive deficit. The country runs the risk of a fine of 3,500 million euros, a penalty that could come if it does not comply with the European rules on Gap Size Chart deficit and debt. “In Italy the prospects for growth and public finances have worsened, and the recent policy measures put into practice are a step backwards on some elements of previous reforms,” wrote the European Commission. The index of GDP growth forecast by the EU for Italy in 2019 is 0.1%, practically at the bottom of Europe. The consequence is that without growth there is no competitiveness, a field in which Italy is also in the tail car of the most industrialized countries. Specifically ranked 44 (Spain is in the thirty sixth place) in the world ranking of competitiveness developed by the IMD World Competitiveness Center.