PHOTOVOLTAIC SYSTEMS
Net Metering up 10kWp
Net metering up 10kWp
HOW IT WORKS
The Net-Metering billing mechanism enables anyone with a permanent residence to install a 3kw photovoltaic system to ensure significant saving in the power they consume, since it is estimated that the system can produce about 5,000 KiloWatt hours per year.
The way that Net-Metering works is simple and is based on the idea that the photovoltaic system is directly connected to the EAC network.
More specifically
- A 3 kW photovoltaic system (12 polycrystalline PV panels or 20 thin film solar panels) is installed on the roof of the house.
- A new two-way gauge calculator is installed through which the system is connected to the EAC network. The energy produced by the photovoltaic system is channeled first into the house for consumption.
- Otherwise, wherever the energy produced is not enough to cover the household’s needs, then energy from the network will be used, which will be charged, unless there are stored kilowatt hours from previous months.
- If there is excess energy, then it is channeled to the network for storage. The energy stored on the network is available for consumption up until April of the following year. If it is not consumed by then, it is cleared.
WHY SHOULD I CHOOSE NET METERING? HOW MUCH SAVING WILL I HAVE?
An additional motive is that a photovoltaic system is fully harmonized with nature and it is very environmentally friendly, thus helping to reduce the environmental problems caused by conventional sources of energy.
Apart, though, from its contribution to the energy upgrading of your home and, by extension, our country, installing a photovoltaic system using the Net-Metering method can provide significant saving on your electricity bill.
A 3kWp total power system can produce at least 4800 kilowatt hours per year (1600kWh per installed kilowatt), resulting in a corresponding saving per year on the electricity bill.
For example, in January-February, the residence consumed 1,000 kilowatt hours.
- At the same time, the 3kW PV system produced around 660 kilowatt hours.
- The owner will pay the consumption and production difference which corresponds to 340 (1000-660) kilowatt hours.
WHERE CAN THE SYSTEM BE INSTALLED AND HOW MUCH SPACE IS REQUIRED?
A photovoltaic system can be installed on the roofs of legally existing and new buildings or on the ground within the block where the building is located. The required installation space for systems of 3 – 10kWp is about 20m2 – 80m2 on a sloped roof (tiled roof) while it takes about 40m2 – 150m2 on a flat roof (terrace) or ground respectively.
APPLICATION SUBMISSION - ELIGIBLE APPLICANTS
All residential, commercial or industrial buildings that are interconnected with the EAC network have the right to apply to EAC for the purpose of installing a photovoltaic system using the NET-METERING method, given they have been legally built according to the regulations of the Department of Town Planning and Housing. Upon submission of the application to the EAC, the applicant pays the amount of €250 plus VAT, which is the cost of managing the application, the meter, the check and the interconnection with the network.
VULNERABLE CONSUMERS - SPONSORSHIPS
Vulnerable consumers have the right to apply for a sponsorship of €900 / kWp with a maximum grant of €2,700 being available for their homes. The total available power from 1.1.2017 is 1.2MW. The categories of vulnerable consumers are mentioned on the sponsorship application, which can be found in the useful forms.
Σχέδιο Χορηγιών για ενθάρρυνση της χρήσης ΑΠΕ και της Εξ.Ε στις κατοικίες
REQUIRED APPLICATION DOCUMENTS
- Completed and signed EAC application form for Net-Metering (the applicant must be the person in whose name the current electricity bill is issued).
- Copy of the statement of the last 12-month electricity consumption of the specific residence (EAC’s customer service department provides the relevant consumption information without delay) or the last six electricity bills or, if the house is new and has not been inhabited, the energy performance certificate of the building needs to be submitted.
- Copy of a recent Electricity Authority bill in the name of the applicant regarding the residential unit where the photovoltaic system will be installed.
- Copy of the title of ownership of the residence on the roof of which the system will be installed or next to which the system will be installed or, if it has not yet been issued, a copy of the land title AND a building permit should be attached.
- Co-owners consent form to carry out this installation, certified by a certifying officer in cases where the owners are more than one or the owner is not the applicant.
- Building permit of the building
- Topographical plan of the plot of the building
- Permanent Residence Certificate or presentation of the last 6 electricity bills (only for applicants who do not have Cypriot Citizenship).
*For commercial consumers, the required documents to be presented differ in some points. You can receive detailed information from our sales team.
