Net-Metering is an agreement where people who generate electricity through photovoltaic panels in Cyprus, get a deduction on their electricity bill. If the generation of electricity exceeds the consumption, the excess will be calculated for a reduction on the following electricity bill. However, if the consumption is more than the generation of electricity, the difference will be billed.
Net-Metering photovoltaic in Cyprus can be installed in any residential or commercial property under some conditions. The maximum power of a Net-Metering photovoltaic system with a 1-phase power supply is 4.16 kW while the maximum power of a Net-Metering photovoltaic system with a 3-phase power supply is 10.4 kW. They can be installed on the roof of a licensed house or building or the ground in the plot of a licensed house or building.
If a resident of an apartment building wants to install photovoltaic panels in Cyprus, all the residents must agree with it.