Buying, Selling, Gifting
You promote the energy turnaround, you participate in the restructuring of our energy system and you make a financial profit. The electricity from your solar panels has no fuel costs and can therefore always be sold. Thus you directly reduce the production of coal, gas or nuclear power. In addition, you promote the local solar economy and receive 80% of the revenue from your solar panels four times a year.
Yes, in the contract, Solarify guarantees the right to sell panels at any time less a 5% handling fee. The buy-back prices are set in advance in the contract.
Yes, solar panels are a sustainable, meaningful gift that will give pleasure for a long time and sensitizes people to environmental problems. Simply select the gift option in the webshop.
The price varies depending on the project. In Switzerland, a price of 400-600 Swiss francs per panel can be expected after deducting the non-recurrent remuneration of the federal government.
You are the owner of the solar panels and you can dispose of them. As part of the purchase agreement you give Solarify the order to install your panels on a suitable roof. You can sell your panels at any time.
Value Increase & End of Contract
Solarify sells the electricity produced by your solar panels to the roof owners at a price they would otherwise have to pay to the electricity supplier. The excess production (e.g. over the weekend) is sold to the electricity supplier. The latter is legally obliged to purchase the electricity.
While the installation costs are known, the effective return depends on the solar radiation, the season, the electricity prices and other factors and therefore cannot be exactly quantified. Solarify does not guarantee a specific return. However, based on experience, a panel can be expected to generate an approximate annual return of 2-3% (IRR). A profit can also be achieved in the event of an early sale.
You will not tax the invested amount as income. Instead, the value of the panel is reported as further asset. This value is continuously decreasing so that it is 0 at the end of the contract period. We will show you the residual value applicable for a particular tax year in the tax statement. The annual repayments via the returns must be taxed as further taxable income. This amount is also shown annually in the tax statement.
After the end of the contract period (usually 25 years, specified in the contract for each project) the solar panels are depreciated and are expected to have made a profit. In order for you not to have to worry about the disposal and to allow for a decision on the further operation or replacement of the solar plant, the solar panels are transferred to the ownership of the roof owners at the end of the contract and can then be replaced.
Operation and Insurance
Solarify operates the solar plant based on the terms of sale and a contract with the roof owner. Solarify is thus responsible for maintenance, permits, electricity sales and management of the panels and the plant. In return, Solarify receives 20% of the revenue from the sale of the solar power.
You will be given access to a monitoring software and will be able to check the condition and performance of your solar panels at any time online.
Solarify takes out insurance against possible damage and makes maintenance provisions. If a panel breaks during the contract period, Solarify will replace it free of charge.
As the owner, you have the right to have your panels dismantled during the contract period. However, Solarify will charge you a fee for doing so due to the considerable effort involved. It is therefore easier and cheaper to sell the panels (Solarify will buy them back if you wish) and use the money to buy a new panel.
Solar Power Market
The price of electricity itself has actually fallen dramatically in recent years. But because electricity grid costs and charges account for the greater part of the end-customer price, it has nevertheless continued to rise. A reversal of this trend is not in sight, and all forecasts assume that prices will rise slightly over the next few decades. Solarify conservatively expects electricity prices to rise by 1% per year. This is less than the long-term increase.
In Switzerland, there is a one-off subsidy (non-recurrent remuneration) for small and medium-sized solar plants of approx. 20% of the investment costs. There is no waiting period for this. After that, there are no more subsidies and the business model is profitable simply by selling electricity to the roof owner and to the grid.
A solar panel in Switzerland produces about 250 kilowatt hours (kWh) of electricity per year. This means that you can use 200 iPads for about a year, ride 10,000 km on an electric bicycle, blow-dry your hair for 150 hours or boil 2,000 litres of water.