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


online platform one stop shop
Operation of the Online Platform One Stop Shop for Renewable Energy Sources Projects

The increased demand for the use of renewable energy Sources (RES) and the government’s effort for a rapid transition to the green economy has created the need for an easier way to apply for a RES project. In this blog you can learn more about the operation of the online platform One Stop Shop for renewable energy sources projects.

solar energy in cyprus is on the rise
The Utilization of Solar Energy in Cyprus is On the Rise

According to data from the System Distribution Administrator, the percentage of energy curtailment generated by photovoltaic systems in Cyprus during June and July is very low. In this blog post, you can learn more information about how the utilization of solar energy in Cyprus is on the rise.

solar energy benefits the enviroment
5 Ways Solar Energy Benefits the Environment

Along with the many benefits solar energy offers to people, it also offers numerous benefits for the environment. In this blog post, we will explore five ways solar energy benefits the environment, leading the way for a more sustainable future.