Solar Panel Report - Economy and Production - First Half of 2024
Sundhult Sundhult
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 Published On Jul 25, 2024

Title
"Solar Panel Report - Economy and Production - First Half of 2024"

Description
In this video, Hanna presents the results of the economic and production development of the solar panel installation in Sundhult, which was set up in May 2016. The focus is on the first half of 2024, but data is reported from the installation to the mid-year mark this year. We learn about how the installation has performed during this period, and there will be more videos in the future with updated data.

Hanna shows cloud cover maps from SMHI, revealing that June 2024 was a very cloudy month.

She analyzes how the revenues from solar production contribute to paying off the installation. By comparing the generated revenues with installation and operational costs, one can calculate how long it takes to fully pay off the installation. The revenues come both from the electricity used directly in the household, which reduces the electricity bill, and from the surplus electricity sold back to the grid with the help of the 60-öre tax reduction.

Hanna also discusses the phenomenon of negative electricity prices and shows that even though prices can sometimes be negative, they are not low enough to warrant shutting down the installation. Production continues despite these price fluctuations.

Additionally, Hanna explains what the 60-öre tax reduction is and why it is an economic incentive. The 60-öre tax reduction is a reduction of 60 öre per kWh for surplus electricity fed into the grid. This means that for every kilowatt-hour (kWh) that the solar installation produces and is not used directly, but is fed into the grid, the owner receives a tax reduction equivalent to 60 öre. This makes it economically advantageous to invest in solar energy, as it helps reduce the payback period for the installation and increases the overall return on investment.

Learn more about the installation in this video:
[   • Allt om våra solceller - Installation...  ](   • Allt om våra solceller - Installation...  )

0:00 About this video
0:57 A bit about the solar installation
1:29 Production forecast and actual production
3:14 Cloud cover data from SMHI
3:48 Accumulated solar production so far in 2024
5:30 Total production January-June 2024
5:47 The economy of the solar panels
6:56 Components of the electricity price
7:45 How does the 60-öre tax reduction work for sold solar electricity?
8:36 What's included in the solar electricity we use ourselves?
9:35 Electricity prices in the first half of 2024
10:35 Electricity prices from the start in 2016 to today
11:30 Revenues from the solar panels
13:11 Has our solar installation paid for itself?
15:48 Results will be presented in upcoming videos about the solar installation

🎗️ Want to support what we do and get bonus material?
Check out our Patreon page: [  / sundhult  ](  / sundhult  )

Find more from us:
Website: [https://blogg.sundhult.com](https://blogg.sundhult.com)
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Facebook: [  / sundhult  ](  / sundhult  )

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