Available Photovoltaic schemes

Businesses

Up to 10kW→ Net Metering scheme

Greater than 10kW→ Net Billing scheme

Residential

Up to 10kW → Net Metering scheme

Government subsidy during 2019 for residential Net Metering Scheme

Photovoltaic System: €250/kW, having a maximum of €1000.

Photovoltaic System + Roof Insulation: €300/kW, having a maximum of €1200 for the Photovoltaic System and 35% regarding the Roof Insulation with a maximum of €1800.

Photovoltaic System for people in need (vulnerable people as categorized by the Ministry of Finance): €900/kW, having a maximum of €3600.

Contact us to provide you more details about the Photovoltaic System that best suits your needs

Net Metering scheme up-to 10 kW for businesses and houses

Under the Net Metering scheme the electricity produced is distributed directly in the electrical installation of the building. Any excess is directed to the grid through the smart meter installed, which measures it. The measured electricity is deducted from the next monthly / by monthly electricity bill.

The possibility of such photovoltaic installation under the Net Metering scheme has now increased to 10 kW.

Net Billing for Businesses

A photovoltaic installation can be applied under the Net Billing scheme. The produced electricity is directed to power electric equipment in the building. Any excess is directed to the grid through the smart meter so the excess is measured. The value of the excess is credited to the owner by setting-off the two electricity bills. (EAC bill which provides electricity to the premises and the owner’s bill who feeds back electricity to the grid). The price is based on the cost price of EAC to produce electricity in the first place, so called “avoidance price”.