Net-Billing in Cyprus

Net-Billing is a photovoltaic system scheme where the consumer uses the energy produced and gets credit from the EAC for the energy that moves to the grid, at the respective avoidance cost. The power of a Net-Billing photovoltaic system must range between 10 kW to 8 MW.

This scheme is beneficial because the consumer is credited for the energy supplied to the network at the price of electricity being purchased from Renewable Energy Sources as designated by the Cyprus Energy Regulatory Authority.

If the energy consumption is less than the energy sent to the grid, the excess energy will be calculated and the amount will be credited to the next billing period.

net billing in cyprus project

Net-Billing in Cyprus is extremely beneficial, especially for large energy consumers. Net-Billing is a way to decrease or annul one’s electricity bill and at the same time get credited with additional amounts. Consumers are benefited from accelerated depreciation of their investment and the initial cost since the solar panel system can be adjusted to their usual consumption and energy needs. Therefore, the photovoltaic system in Cyprus works to the consumers’ benefit.

net billing in cyprus project


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Photovoltaic Systems and the Real Estate Market in Cyprus

The real estate market in Cyprus, has shifted towards sustainability and the photovoltaic systems play a huge role in adding extra value to properties. Homeowners and investors are recognizing the value and the benefits of solar power making it a very popular choice for people who recognize the solar power benefits.

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Incorporating Photovoltaic Systems into Cyprus’s Hospitality Industry

Cyprus, the island in the Mediterranean Sea is known for the vibrant hospitality industry, the stunning resorts, and the place perfect for relaxation for the people who are looking for a getaway under the warm sun. Cyprus is also an island that embraces sustainable practices and sectors around renewable energy to reduce the environmental footprint.  In this blog post you can learn more information about incorporating photovoltaic systems into Cyprus’s hospitality industry.

Solar-Powered Cooling Solutions: Beating the Heat in Cyprus with Photovoltaics

Cyprus is an island known for its hot summers making it the perfect place to find the best sustainable ways to beat the relentless heat. Solar-powered cooling solutions are the solution to rising temperatures and the pressing need for energy efficiency technologies, the photovoltaics systems are emerging and transforming how we stay cool on this Mediterranean island. In this blog post, you can learn more information about beating the heat in Cyprus with photovoltaics.