New framework for photovoltaics replaces net metering with net billing

ΣΧΕΤΙΚΑ ΑΡΘΡΑ

«Πράσινη» χρηματοδότηση σε επιχειρήσεις για μείωση ενεργειακού κόστους με αυτοπαραγωγή ενέργειας (net metering)

Net Metering, από την Protergia: Ένα «προσωπικό» φωτοβολταϊκό σύστημα, με το κλειδί στο χέρι

Εγκατάσταση Φ/Β Συστημάτων Αυτοπαραγωγής σε Πρατήρια της ΕΚΟ-ΚΑΛΥΨΩ

Replacement of the now abolished net metering system by net billing means that domestic consumers will recover the cost of installing a photovoltaic system within five to seven years, while businesses will recover the investment in 3.6-4.5 years, according to an analysis by the Photovoltaic Companies Association.

The association released a detailed guide on the new legal framework and the steps that need to be taken by those interested in producing energy for their own consumption. It takes into account the indicative cost of installing a domestic photovoltaic system, with or without batteries (16,000 euros or 8,500 euros, respectively) and the benefits that accrue from avoiding purchases of electricity during the hours the system generates power and from the tax relief introduced for installing such systems and improving buildings.
In both cases, the benefit is greatest when large amounts of power are consumed and there is sufficient income for the lower taxation rate to make a big difference.
The main difference between net billing and net metering is that energy is produced and consumed directly, with any surplus supplied to the network at market price. For photovoltaic panels, the prices at the hours of their peak production, when there is likely to be surplus supply, will probably be low to zero. With net metering, the producer would ‘store’ excess power production in the network and this was offset against energy consumed over a three-year period.

Source: ANA-MPA