Net Metering
What is Net Metering?

Net-Metering (Self Generation with Energy Offset) is a program that allows the consumer to cover a significant part of the energy consumed by using an interconnected photovoltaic system.

At the same time, it enables him to use the Public Electricity Grid (PPC or other Electricity Provider) for indirect storage of the green energy produced by his photovoltaic system.

The storage of the energy produced can also be done through batteries placed at the consumer’s premises.

Thus there is the possibility of backup which means that in case of a grid failure, the PV system with battery will create a microgrid giving a small amount of power for backup loads such as refrigerator, lighting, TV, heating, drainage pumps.

The Photovoltaics on the Roof programme subsidises the installation of photovoltaic panels with a battery.

Thus, when production is higher than consumption, the surplus is “stored” in the grid or battery and used when the PV output is insufficient. The final offsetting and metering according to the latest ministerial decision is set at three years and will be carried out for at least 25 years. If the instantaneous consumption exceeds the instantaneous production of the PV system, then the use of the PV system is automatically carried out with a corresponding charge to the provider. For this reason, the PV system should practically be designed based on the annual consumption of the consumer.

Terms and conditions of net metering

The basic terms and conditions for installing a photovoltaic self-production system with energy offsetting are:

  1. The existence of an active permanent electricity supply in the name of the autoproducer
  2. The photovoltaic net metering system is exclusively paired with a consumption meter
  3. The photovoltaic net metering system is installed in the same or adjacent space as the consumption installation to which it is mapped
  4. The person concerned has the legal use of the photovoltaic system installation site.
  5. The person concerned has paid his/her electricity bills in full (or is in a debt adjustment scheme).
Virtual Net Metering

Virtual Net Metering or virtual energy offsetting is a special category of net metering. In this way the consumption of the autoproducer is fed into a supply located in a different location from the PV system.

Virtual energy offsetting concerns:

Α) (a) local authorities to meet the energy needs of public utilities; and

(a) for public utilities and municipal enterprises

B) Local authorities to support vulnerable consumers and to support local authorities in the provision of energy services to municipalities and municipal utilities.

For local authorities to support vulnerable citizens and to address the energy poverty of citizens of the municipality or local authority concerned

municipality or region living below the poverty line

(C) persons registered in the register of farmers

D) Renewable Energy Communities & Citizens’ Energy Communities

We can install the power plants in any region regardless of where the consumption facilities are located

Net Metering subsidy

In 2023, the PPP announced a new subsidy program for renewable energy sources and more specifically for photovoltaic systems.

The Minister of Environment and Energy stated :

“True to our energy policy, we continue to create innovative programs that contribute to the steady reduction of citizens’ electricity bills and to the reduction of our environmental footprint.

Net Metering for businesses

A photovoltaic net metering system allows the professional consumer and his business to cover part or even all of his consumption.

This entails a huge financial benefit given the increased energy needs of businesses.

The self-generation system with energy offsetting also protects the consumer from future increases in the price of electricity.

The whole transaction is about kilowatt-hours and not about money so our price is irrelevant.

Net Metering for individuals

Following on from the previous ones, the benefits are multiple for both individuals and businesses. In particular:

  • directly reduces the electricity bill
  • protects the consumer from future increases in the price of electricity, because the offsetting is energy-based (in kWh of electricity) and not accounting-based
  • it relieves them of a large part of the regulated charges on their electricity bill, for the part of the energy they produce
  • helps to protect the environment, particularly in an era when we are already experiencing the effects of climate change
Net Metering calculation

It is therefore worth calculating what net metering means for you in terms of investment, electricity generation and savings on your bill.

What system needs to be installed based on your needs and after how long the payback will be.

All of the above and more are factored in to help you decide if it is worth the investment.

Contact us to discuss the photovoltaic system that suits your needs.

Net Metering account

Can we reset our electricity bill to zero?

The bill has many different charges. with the net metering system, we zero the charges for electricity consumption. The other regulated charges cannot be reset to zero but can be significantly reduced depending on the system you put in place and the hours you use electricity.

Net Metering prices

We are often asked about the cost of net metering.

It would be very arbitrary on our part to quote prices .

The cost depends on many factors such as energy needs, the type of equipment and its quality as well as the difficulty of installation.

TASIS Energy works with the best suppliers of your photovoltaic equipment, who are known for their reliability and consistency.

Contact us to proceed with our offer after studying the installation site and any special features that may exist.

Our team with expertise and professionalism, having as a compass the respect for people and the environment, is able to give you the best possible offer.

Net metering

To install a photovoltaic net metering system over 10kWp you will need to submit an application to the DEDDIE. Then sign a connection contract with DEDDIE and a netting contract with the provider.

The procedure for applying to the PPP for the PV system is as follows:

  1. Electronic submission of the connection application to the DEDDEO (online application)
  2. Payment of the connection fee to the TEN-T
  3. Signing of the connection and clearing contracts
  4. Order and certification of the meter
  5. Installation of the photovoltaic system
  6. Activation of the photovoltaic system by DEDDEO

 

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  • What Net Metering means

Net-Metering (Self-Generation with Energy Offset) is a program that allows the consumer to cover a significant part of the energy consumed by using an interconnected photovoltaic system.

At the same time, it enables him to use the Public Electricity Grid (DEI or other Electricity Provider) for indirect storage of the green energy produced by his photovoltaic system.

The storage of the energy produced can also be done through batteries placed at the consumer’s premises.
Thus there is the possibility of redundancy which means that in the event of a grid failure, the PV net metering system with battery will create a microgrid giving a small amount of power for backup loads such as refrigerator, lighting, TV, heating, drainage pumps.

The Photovoltaics on the Roof programme, subsidises the installation of battery-powered photovoltaics.
Thus, when production is greater than consumption, the surplus is “stored” in the grid or in the battery and used when the photovoltaic production is not sufficient. The final offsetting and metering according to the latest ministerial decision is set at three years and will be carried out for at least 25 years. If the instantaneous consumption exceeds the instantaneous production of the PV system, then the use of the PV system is automatically carried out with a corresponding charge to the provider. For this reason, the PV system should practically be designed based on the annual consumption of the consumer.

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  • Who can benefit

Natural persons (households or traders), legal entities under public or private law and farmers who either own the site where the station will be installed or have the legal use of it (e.g. through lease, free concession, etc.) and have secured the written consent of the owner of the site have the right to install the station.

  • Advantages

The main advantages of Net-Metering are the minimization (or even zeroing) of energy costs and the offsetting is energy-based and not accounting-based since excess energy is not lost.

In addition, a long-term guarantee of low electricity bills is ensured for at least 25 years according to the contract with the respective provider.

It is therefore a high-yielding economic investment as a financial payback is achieved within several years. Finally, the space becomes energy-autonomous and the building is upgraded in terms of energy efficiency.

 

The experienced and specialized staff of TASIS Energy undertakes :
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