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 8.000 kW.
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 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.
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Environmental Benefits of Photovoltaic Systems
Photovoltaic systems are increasingly popular over the past few years because of the many environmental benefits they offer. Their solitary purpose is to generate electricity by converting sunlight into energy and is extremely effective without emitting harmful pollutants to the environment. So here you can learn more about the environmental benefits of photovoltaic systems.
Traditional or Solar Streetlights in Cyprus?
It is no secret that when selecting streetlights, a major factor in the community’s final decision is costs and maintenance requirements. Streetlights are used in different areas of each city such as parks, streets, or highways. This source of light is mainly used for visibility and safety both for pedestrians and drivers.
Debunking Common Myths About Photovoltaics
Photovoltaic systems in Cyprus are becoming extremely popular over the past few years and many homeowners take advantage of this technology to generate their own electricity. Although the benefits and advantages of installing photovoltaics are mostly known to the public, many misconceptions and myths surround the idea of photovoltaics. In this article, we are debunking common myths about photovoltaics. Learn more information about installing photovoltaic systems in Cyprus and get in contact with us for more information.
