Solar Coverage

Services for Small Photovoltaic Producers 
Solar Coverage

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Service, Products ...

Service: IBERDROLA PROVIDES COVERAGE FOR GREATER PEACE OF MIND

Iberdrola offers a comprehensive solution so you can make the most of the energy from the sun without having to worry. With Solar Cover, Iberdrola offers two new services to small photovoltaic producers:

  • Financial Solar Coverage: enjoy a fixed price for the energy produced by your solar installation, thus minimising today's market risks associated with price fluctuations Footnote (1).
  • Maintenance services: leave your installation's maintenance in the hands of experts:
    • Annual review to ensure that your facilities run optimally.

    • Breakdown coverage, with labour and no travel expenses and €50 in materials Footnote (2)

You can sign up for these services combined into a comprehensive solution, or individually, you choose.

Footnotes:

  • Note(1)

    Product designed for installations <100kW under RD 413/2014 selling their energy on the wholesale market.

  • Note(2)

    2 repairs a year with 6-month warranty. 3 hours labour and no travel expenses.

Products: ALL THE INFORMATION YOU NEED ABOUT THE PRODUCTS OFFERED BY SOLAR COVERAGE

1. Financial Solar Coverage

We offer a fixed price for the sale of your energy produced for a period of 365 days from the date you sign the contract and covering the price of your annual production against possible market changes. 

Solar Coverage guarantees the price corresponding to the market part:

  • Market: price obtained for the sale of energy on the OMIE market through representatives.
  • Remuneration for operation: covers the difference between the operating costs and the income from the installation's operation.
  • Remuneration for the investment: charge per power unit installed for covering any investment costs for each standard installation that cannot be recovered for the sale of energy on the market.

Irrespective of the financial coverage you agree with Iberdrola, you need to deal with the regularisations established if the lower and upper limits are exceeded.

2. Maintenance service

Every year we inspect your installation and repair any possible breakdowns, offering a comprehensive maintenance service that optimises your photovoltaic installation's generation capacity.

The service includes:

  • Wide-ranging scheduled annual inspection for diagnosis and preventive maintenance of your installation:
    • Solar panels
    • Switchboards, grouping boxes and electrical cabinets
    • Inverters
    • Other
  • Troubleshooting coverage:

    • For the installation's components, Iberdrola's maintenance service covers travel expenses and the first three hours of labour; and €50 in materials for handling and rectifying breakdowns.
    • Repair coverage for installation breakdowns is limited to two repairs a year with a one year warranty for the work carried out.
    • If after having made two repairs you request a new repair, it will be billed in full according to the provided estimate, with no entitlement to discount for travel or labour.

To clarify any doubts, here are the answers to some questions that might arise:

  1. Frequently Asked Questions: What is a financial coverage product?

    It is a financial product for separately managing each of the risks that the investor is exposed to, in this case the selling price for the produced energy that can be obtained on the market.

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  2. Frequently Asked Questions: What does this product insure against?

    It insures the selling price for the energy generated on the market for one year. If the agreed price is €50, the following situations may arise:

     

    • If the market price is €40, the fixed price payer (Iberdrola Clientes) undertakes to pay the remaining €10 up to the agreed price.
    • If the market price reaches €55, the variable price payer (client) must pay the extra €5 paid on the market.
    • If the market price is €50, no payments are made.
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  3. Frequently Asked Questions: How is this type of product paid for? How do I receive or pay the amount resulting from the coverage?

    Monthly or bimonthly (depending on the invoices of your representatives). If will be a credit or a debit based on the energy price obtained by the PV representatives on the market.

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  4. Frequently Asked Questions: What type of installation is this product valid for?

    Installations are divided according to the installed power, technology, year of installation, climate zone and RD they come from. This product is especially designed for small producers. The installed power will be < 100 kW.

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  5. Frequently Asked Questions: What is the cost for the client?

    None.

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  6. Frequently Asked Questions: What does the annual inspection cover?

    Solar panels: checking of anchors and mechanical fasteners of the modules, visual inspection to detect possible damage, checking of earth connections. Visual inspection of the condition of the fastening structure, checking for the absence of signs of deterioration, cracks or loose material, absence of deformation, absence of rusting, incipient rusting or lack of galvanising, condition of the nuts and bolts.

    Switchboards, grouping boxes and electrical cabinets: Visual inspection of the condition and degree of fastening of the enclosure and the associated elements. Retightening all the electrical connections that require so. Checking of heating, watertightness, humidity, condensation, dirt and state of conservation, retightening and cleaning as needed. Measuring of current and voltage, both input and output, in the DC panels. Visual inspection of the condition of the electrical conduits and sealing, where applicable. Inspection of protections and switching elements. Checking of earth connection.

    Inverters: checking for: absence of alarms on the control screen and suitability of the values displayed on the screen, absence of abnormal noise and existence of excessive heating in the inverter, voltages and currents (DC and AC), effective operation of the protections and fans, cleaning of grilles, ventilation channels and shed (if any), replacing the filters if needed.

    Miscellaneous: measuring the earth connection, visual inspection of the condition of the collection boxes, sealing any elements that require so, visual inspection of the metering equipment, visual inspection and cleaning of the sensors of the weather station (if any), visual inspection of the road surface and fencing (in above-ground installations).

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  7. Frequently Asked Questions: Why should I sign up for maintenance?

    In addition to the obvious benefits of a maintenance contract, it is even more advantageous for this type of facilities, because it enables improved operation of the facilities and an appropriate energy production level that is consistent over time. These facilities withstand weather changes, hence maintenance is advisable at least once yearly to ensure its serviceable life.

    Moreover, this is even more advantageous for the facilities contemplated in RD 413/2014 (RO and Rinv), since it is a way of ensuring income from returns on operation and investment. This decree states that each facility has two values assigned to it:

     

    • Minimum number of hours
    • Number of threshold hours (less than the minimum number of hours)

    If the installation does not reach the number of threshold hours, it does not receive any of the two remunerations (remuneration for operation or remuneration for investment), and if the number of hours is between the threshold and the minimum, the remuneration is reduced in proportion to the number of hours reported.

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  8. Frequently Asked Questions: How much does maintenance cost?

    The prices:

     

    • For installations up to 5 kW: €177.60/year. €14.80/month
    • For installations from 5 kW to 20 kW: €226.20/year. €18.85/month
    • For installations from 20 kW to 40 kW: €297.00/year. €24.75/month
    • For installations from 40 kW to 60 kW: €382.20/year. €31.85/month
    • For installations from 60 kW to 80 kW: €466.80/year. €38.90/month
    • For installations from 80 kW to 100 kW: €550.20/year. €45.85/month

     

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