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1.1 Finance options

In Germany, the level of feed−in
remuneration is subject to the year of
commissioning of the photovoltaic
system. The energy supplier pays this
reimbursement to the system user over a
period of 20 years plus the time in
The following table lists the new levels of reimbursement for 2004, which are differentiated according to system output and location.
Further information and framework conditions are listed in paragraph 11 of the Photovoltaic Priority Act to the EEG [Renewable
Energies Act].
Level of reimbursement per kWh in cents
Installation
System output
Roof
< 30 kW
> 30 kW
> 100 kW
Walls, etc.
,
< 30 kW
> 30 kW
> 100 kW
At ground level (all sizes
or open installations)
Loans at favourable terms for measures
to utilise renewable energies, including
measures as immediate consequence of
the utilisation of systems in existing or
new homes can be applied for from the
Kreditanstalt für Wiederaufbau (KfW)
[Germany] as part of the CO
2
program.
As part of this program, combined heat
and power systems (CHP), heat pumps,
solar heating systems, biomass and
biogas systems, photovoltaic systems,
geo−thermal systems, the installation of
heat exchangers and heat recovery
equipment are financed.
Support from several sources is possible,
as long as the total sum of support
received does not exceed the total
expenditure.
VITOVOLT
operation during the year of
commissioning. In future the level of
reimbursement for new systems will be
reduced by 5 % p.a.
Systems with an electrical output below
5 MW are supported.
y
p
Year of commissioning
2005
p
p
p
p
p
p
Addresses
Information from:
Kreditanstalt für Wiederaufbau (KfW)
Postfach 11 11 41
D−60046 Frankfurt
Tel: 01801 / 33 55 77
reduction
Fax: 069 / 74 31−6 43 55
iz@kfw.de
http://www.kfw.de
Information from:
Kreditanstalt für Wiederaufbau (KfW)
Postfach 04 03 45
D−10062 Berlin
Tel: 030 / 2 02 64−50 50
Fax: 030 / 2 02 64−54 45
2006
54.5
51.8
51.9
49.3
51.3
48.7
59.3
56.3
56.6
53.8
56.1
53.2
43.4
40.6
1.1 Finance options
The minimum reimbursement increases
respectively, if the system is not installed
on a roof or as part of a roof and forms an
essential part of the building (PV panel on
the building wall).
However, loan applications cannot be
made direct to the KfW, but must instead
be handled by your own bank or a bank
acting on your behalf.
As part of a cooperation agreement with
the Deutschen Umweltbank, Viessmann
offers a simple and unbureaucratic
process for financing a PV system.
Further information under
www.viessmann.com
Some local authorities and energy
suppliers offer additional grants for
installing PV systems.
3

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