By Charlie Loran • 14 December 2020 • 6:10
Solar energy is set to reduce monthly bills for businesses and residents Credit - Twitter
A GROWING number of people are having solar panels installed on the roofs of their homes and businesses in an attempt to lower energy bills and energy-sharing could soon become part of the new normal in the Balearic Islands.
The Institut Balear de l’Energia, or IBE, is planning to set up solar installations in Municipal public spaces to supply energy for local businesses and residents.
Just one panel could be enough to supply energy to several Homes, Businesses, Schools or Health Centres and the Government is planning to promote the benefits of solar energy in 2021.
The Ministry of Energy Transition has budgeted 400,000 euros for Solar projects and will have another 600,000 from the Sustainable Tourism Tax.
IBE will be in charge of the projects and company Director, Ferran Rosa, has already contacted the Municipalities to determine the best locations.
IBE is encouraging residents and business owners who will benefit from lower electricity bills as a result of the solar panel installations to make a financial contribution to the project.
“In this way, IBE would recoup some of its initial investment, which would be used to finance more solar facilities,” said Rosa.
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