Avaliação de projetos de investimento na avicultura de corte após consolidação de preços do LED

Abstract

The technological innovations in poultry farms imply a financial investment for producers, as in the case of substitution of the lighting system, which is one of the factors that most affect the productivity of the flock, considering the importance of lighting in the zoo-technical performance of birds. However, the use of Light Emitting Diode (LED) was still economically unviable due to the high price and failures of LED lighting equipment in poultry farms due to the farm environment. This study aimed to economically evaluate the investment of the LED lighting system in dark house facilities, after the stabilizing of prices and quality of LED lamps available in the national market. The Incremental cash flows from two LED lighting projects were estimated to determine the economic indicators: net present value (NPV), internal rate of return (IRR), profitability index (PI), return on investment (ROI), discounted payback and economic value added (EVA). The LED1 project resulted in added economic value, therefore viable. The LED2 project presented negative net present value (NPV) and consequently the other indicators also pointed to rejection of the investment. Analyzing the energy efficiency of the lamp, without considering the economic evaluation of the invested capital, is insufficient to determine the feasibility of implementing LED lighting system in facilities that already have compact fluorescent lamps (CFL) lighting. The results indicate that well-planned projects that assess the risk involved can bring considerable economic returns to the broiler producers.