Solar in Mexico
Mexico is classified as one of the countries around the world with the most potential for solar growth. Several factors make solar a great investment in this country where our clients can achieve significant electricity savings over current utility rates.
- Economic incentives provided by the Mexican government
- 100% depreciation in year 1
- Certificates of Renewable Energy (RECS)
- High solar irradiation
- High electricity rates from Comisión Federal de Electricidad (CFE) makes solar a great investment in this country.
We understand the Mexican market and can customize the right project components and financing package for your specific region of the country. Our local office employs local people; Our group in Polanco, Miguel Hidaglo knows the CFE regulations and requirements so RER can ensure your project meets or exceeds your organization’s expectations.
We offer a “turnkey solution” that covers every step of the process; From the signature of the contract to interconnection with the local grid and all of the permitting and construction milestones in between. RER Energy Group will focus on how to generate energy at the lowest cost with the highest quality components.
Once activated, you will have a solar array that will produce energy from the free fuel from the sun for the next 35-40 years with minimal maintenance costs.
- Commercial and Industrial
- Schools and Municipalities
- Agricultural Industry
Why Solar? Why Now?
Solar is an affordable, sustainable solution which can eliminate or significantly reduce your dependence on ever increasing electricity prices. With attractive investment returns or no money upfront options available, solar energy will help you realize more profits, create more certainty on future energy costs and promote a more sustainable organization.
When considering solar, there are a several finance mechanisms from which you can choose. We will consult with your financial group to ensure that the method chosen best fits your organization’s energy savings and investment requirements.
Solar Financing Options Snapshot
Cash Purchase: Provides the highest level of saving with Internal Rates of Return (IRRs) ranging from 8% to 15% depending on the system.
Bank Financing: Typically requires a down payment of 20% to 30% with Internal Rates of Return (IRRs) of 20% to 50% depending on the system. This option results in positive cash flow starting in the first year.
Lease: Upfront money not necessary. Flat monthly payment which can be reduced with an upfront deposit.
Power Purchase Agreement/Community Sourced Funding: No cash up front, no maintenance costs and the monthly payments are based on actual energy produced and agreed upon kWh charge.
There are many options and considerations when financing a solar project. The chart and explanations above are representative overviews of the general requirements and benefits of the different finance mechanisms. Please consult with your RER Project Developer to better understand which finance strategy is best for your organization.
RER Energy Group’s strategy consists of building solid alliances with local and international partners in order to provide the best project outcomes to the client. Each partner brings their expertise to the table enabling RER Energy Group to ensure top quality service throughout the nation.
In addition, we provide the highest quality standards through our “Quality Assurance Plan” that complies with strict American standards and certifications and uses only “Tier One” technologies.
If you would like to schedule some time to discuss a project, our address is
Presidente Masaryk 61
Colonia Polanco Chapultepec
To reach Carla Ortiz, please email firstname.lastname@example.org