Modalidades para financiamento de sistemas fotovoltaicos aos produtores rurais

Abstract

Solar energy has become increasingly popular and discussed in everyday life, especially among families living in rural areas. These families are looking for new alternatives to balance their budgets, both personal and business. To this end, financial institutions offer specific lines of credit for the purchase of solar energy generation equipment. This study evaluates the lines of financing with public subsidy for the implementation, improvement and maintenance of renewable energy generation systems for own use. It also features economic feasibility calculations, such as Net Present Value (NPV), Internal Rate of Return (IRR), and Payback. The Rural Credit Manual (MCR) contains the rules approved by the National Monetary Council (CMN) and the Central Bank of Brazil for rural credit, which must be followed by beneficiaries and financial institutions operating in the National Rural Credit System (SNCR). The MCR is updated as regulations are released. The study addresses the growth and incentives for renewables, with a focus on solar PV. The project studied has a monthly energy cost of R$1,030.00. The term considered in the study is 25 years, which is the maximum warranty and useful life offered by the equipment suppliers. The MCR is updated as regulations are released. The economic analysis, considering the Net Present Value, the Internal Rate of Return and the discounted Payback, indicate that the investment in the project is feasible and will bring financial return in 6 years and 8 months to the rural producer. The positive NPV shows that the discounted cash flow will be higher than the initial investment, which ensures the desired savings over the life of the equipment. Rural consumers need new options to reduce the impact of rising energy tariffs on the countryside. The implementation of solar power generation systems can help reduce these expenses, as they have a low environmental impact, high generation potential in Brazil, and are easy to install and maintain.