Maximise your Savings with Net-Metering & Virtual Net-Metering in Cyprus

Net-Metering and Virtual Net-Metering schemes revolutionise how electricity consumers save on utility bills in Cyprus. At SavingPro, we empower our clients with these innovative solutions, leveraging solar energy to maximise savings and sustainability.

The beauty of Net-Metering lies in its ability to turn excess energy production into savings. The EAC calculates the difference between the energy consumed from the grid and the energy transferred back to the grid. This difference is credited to the consumer’s next electricity bill, effectively offsetting future consumption costs. Conversely, if consumption exceeds production, the consumer is billed for the additional electricity.

How Net-Metering Works

Under the Net-Metering scheme, solar panels on a property generate electricity throughout the day. This electricity is seamlessly integrated into the property’s electrical system, powering the house, shop, or other building. Any surplus energy produced beyond what is immediately consumed is automatically fed back into the Electricity Authority of Cyprus (EAC) grid.

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Net Metering Photovoltaic Systems Cyprus by SavingPro

The Power of Virtual Net-Metering

Virtual Net-Metering takes the concept of Net-Metering further by allowing multiple properties to benefit from a single solar installation. This is particularly advantageous for multi-tenant buildings or communities where individual solar installations may not be feasible. With Virtual Net-Metering, participants share the benefits of solar energy production, further reducing utility expenses and promoting sustainable practices.

Unlocking the Potential with SavingPro

In Limassol, our Net-Metering photovoltaic systems can reach capacities of up to 10kWp, providing ample opportunity for significant savings and environmental impact. At SavingPro, we specialise in designing and implementing Net-Metering and Virtual Net-Metering solutions tailored to your needs and circumstances.

Start Saving Today

Ready to harness the power of solar energy and unlock savings with Net-Metering and Virtual Net-Metering? Contact SavingPro today to learn more about our innovative solutions and how they can benefit you. Join the growing community of environmentally-conscious consumers in Cyprus who embrace clean, renewable energy and enjoy reduced utility costs.

Financial Savings

Net metering allows PV system owners to offset their electricity bills by generating their own electricity and exporting any excess electricity to the grid. They receive credits for it, which can be used to offset the cost of electricity drawn from the grid, resulting in lower overall electricity costs.

Economic Viability of Solar Installations

Net metering promotes renewable energy and reduces reliance on fossil fuels by providing financial incentives for solar energy generation. This makes it more economically viable for homeowners, businesses, and other entities to invest in solar technology, accelerating the transition to a cleaner, more sustainable future.