Net Billing in Cyprus: How it Works and How to Save More
Introduction
Cyprus has recently shifted from the old net metering scheme to a new net billing model. This change affects how homeowners and businesses with solar panels are credited for the electricity they produce. While net billing brings opportunities, it also requires smart system design to maximize savings.
What is Net Billing?
Under net billing, any extra solar energy you generate during the day is exported to the grid at a low price (around €0.10/kWh). Later, when you need electricity at night, you buy it back from the grid at a much higher price (around €0.32/kWh). This means exporting energy is less profitable than consuming it directly.
The Smart Solution: Battery Storage
To avoid buying back expensive electricity, many households in Cyprus are turning to solar batteries. A hybrid solar inverter with storage allows you to:
Store excess solar during the day.
Use it at night instead of buying from the grid.
Keep essential appliances running during blackouts.
Why Net Billing Still Works for You
Even with the price difference, net billing is still beneficial because:
Cyprus has one of the highest sunshine hours in Europe.
Electricity prices are among the highest in the EU.
With the right design, a 4–10kW system can cut 60–80% of your electricity bills.
How to Maximize Your Savings
Install a hybrid inverter that is battery-ready.
Size your system correctly based on your actual consumption.
Add a battery from the start or keep the option open for later.
Use smart energy management (timers for appliances, EV charging during the day).
Conclusion
Net billing in Cyprus may sound less attractive than the old net metering, but with a well-designed solar + storage system, the savings are still huge. The key is to use as much of your own solar energy as possible and minimize buying back from the grid.
