Payment

Marina d'Or Energías Renovables will take care of all the necessary steps ensuring problem free sale of the electricity produced by your photovoltaic installation.

This clean and sustainable electricity is subsidised by the different state and European administrations. To this end the Spanish Government has passed, amongst others, Royal Decree 1578/2008 regulating the sale of electricity produced in photovoltaic installations.

According to this decree, power companies are required to purchase the electricity by entering into a long term purchase contract. The minimum term of this contract is 25 years, allowing the investor to achieve full payback and to profit from the investment.

Once the installation is technically able to feed the energy into the electricity grid and the corresponding energy purchase contract has been signed, monthly invoices can be issued to the electricity company operating in your area (FECSA-Endesa, Iberdrola, etc.). The corresponding amount will be paid into your bank account every month.

Marina d'Or Energías Renovables rapidly and efficiently takes all the necessary technical and bureaucratic steps on your behalf to formalize the sale of energy.