Nicaragua Discusses Incentives for Solar Energy

A bill aims to have solar energy producers charge the difference between what they supply to and what they consume from the power grid.

Friday, September 20, 2013

The initiative could reach Nicaraguan Congress before the end of 2013. "We are working on the law for everyone who wants to produce and consume their own electricity, so that they can pay only the difference between what they use, in relation to what they deliver to the network (with solar panels)," said the president of the company Tecnosol, Vladimir Delagneau.

Delagneau says that companies need to have systems to streamline their activities and reduce their costs because of the high price of energy from fossil fuels.

"Central America countries, with the exception of El Salvador and Nicaragua, have laws that allow the network to upload surplus renewable energy, and provide benefits to owners who exploit these systems," reported an article in Elnuevodiario.com.

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Solar Energy is Low-Cost, But Government Increases Prices

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The non-tax exemption of equipment that generates solar energy, together with the gaps in its regulation, are some of the factors that make investments more expensive in Nicaragua.

Currently the scenario in Nicaragua is favorable for investments to be made in solar energy generation equipment, given that so far this year have been reported increases in electricity tariffs.

El Salvador: $35 million in Solar Energy Announced

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Limit Extended for Solar Generation in Panama

March 2012

The Authority of Public Services will expand the limit of generation allowed by solar panels from 10 to 500 kwh.

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