Analysis of economic-financial viability for implementation of a photovoltaic solar energy production project in a rural property

Electricity consumption in the country and in the world is increasing. However, natural resources for generating this energy are increasingly scarce. In Brazil, hydroelectric plants are an option, but they generate major environmental impacts, therefore it is necessary to seek less aggressive alternatives to the environment. Therefore, it is possible to highlight the photovoltaic solar energy, which is an excellent source of renewable energy that has been growing gradually over the years, because besides being a renewable energy source, it brings numerous benefits, the main ones being the fact that it is an inexhaustible and non-polluting source of energy. The present study aimed to analyze the economic and financial viability of photovoltaic solar energy as an alternative to reduce costs in a Rural Property in Santa Catarina. For this, an exploratory research was carried out, through the case study in an Avian Property located in the West of the State of Santa Catarina. For the analysis of the economic and financial viability of photovoltaic solar energy, the net present value, discounted payback, equivalent annual value and the internal rate of return were analyzed. The results indicate that the project for the deployment of photovoltaic solar energy as an alternative for cost reduction and energy diversification is feasible for the period analyzed, considering the projected data, with a TMA of 10%, initial investment of R $ 203,914.01, with a 5.4-year discounted payback.