Our solar energy installation generates energy that, if we do not have a battery to store it, must be consumed as soon as it is generated. If all the energy that the installation is generating is not consumed, this results in a surplus. This is energy which is not consumed, and therefore is injected into the distribution network.

Simplified compensation is the chance we have to take advantage of that surplus energy that we have poured into the network, discounting it on the bill.

The management cost is the monthly fee for the 2.0TD Solar Tariff, ensuring the supplier the minimum return necessary to manage both the supply and the surplus energy. In this way, energy and power will be paid at cost and the excess energy on the invoice will be discounted at its market price, thus making the most of the return on the installation.

The compensation price is contracted with the supplier. At CYE ENERGÍA we compensate the surplus at the Spanish electricity market price (this does not include tolls and charges). In this way, the cost of consumption will be balanced with the price of surplus energy. The more the energy you consume costs you, the better the price you will be compensated.

Specifically, the price of the periods of the most representative electricity generation, from 13 pm to 16.00 pm, will be taken into account. These data can be consulted with OMIE (Spanish Iberian Market Operator). At that price, the management costs in force at that time will be deducted.

For example, if the market price is €70/MWh during those hours, the compensation price will be €0.07/kWh * 98% (diversion cost set by CYE) which is equal to €0.0686/kWh. Doesn’t sound too bad, does it? Doesn’t sound too bad, does it?

According to the simplified compensation mechanism established in the regulation RD 244/2019, the economic value of the surplus energy cannot exceed the economic value of the energy consumed during the billing period, which cannot be longer than one month.

The resulting euros between the total surplus energy valued in euros and what is compensated in the bill, according to the simplified compensation mechanism, will be stored in our Solar Wallet* to be discounted in future bills or for other supplies under the same account holder. The amounts accumulated in the Solar Wallet will be discounted after taxes, so the bill could reach 0€. For example, if I have generated 350 kWh of surpluses, which are compensated at €0.059/kWh, this would amount to €20.65. On the other hand, I have consumed €15 worth of energy. The resulting €20.65 – €15 = €5.65 will be stored and deducted from subsequent bills or other supplies under the same account holder.

*The conditions of the Solar Wallet may be subject to changes to adapt to current regulations, changes in them, or specific requirements of the Autonomous Community to which the supply belongs.

Full transparency. We discount all the concepts that affect the energy you buy; power and energy, including the gas cap. Your kWh are worth the same as those of any electricity company, which is why we value them at the wholesale market price at the time they are produced (subtracting 2% for the cost of deviations). Because it is in the most honest and fair way that it can be done.

If in any invoice during the year you cannot compensate all the surplus that you produce because your consumption is very small in comparison, you should contract it. We will save the euros that we have not been able to compensate to discount them on your next invoice, for this or any other supply that is in your name. The best thing is that the accumulated amount does not expire while you are with us! And all for only 4.99 euros.