Net Metering Solar System
Reduce your electricity bills by offsetting your consumption directly with your solar production.
What is Net Metering?
With Net Metering, the electricity you generate is offset against what you consume over a billing period (usually 2 months).
When you produce more than you consume, the excess is sent to the grid.
When you consume more than you produce, you draw from the grid.
At the end of the billing period, the difference is calculated and you only pay for the net usage.
💡 This system has been very popular in Cyprus, but is gradually being replaced by Net Billing.
Advantages
Simple system, easy to understand.
No battery required (grid acts as storage).
Proven and widely used in Cyprus.
Lower upfront cost.
Disadvantages
Slowly being phased out in favor of Net Billing.
Cannot store your own energy (no backup).
ROI depends heavily on billing cycles (2-month settlement).
Limited system sizes.
FAQs
-
Net Metering offsets consumption with production on a kWh basis. Net Billing pays you a low tariff for exports and charges retail price for imports.
-
Yes, but new policies are gradually shifting towards Net Billing.
-
No. The grid acts as your storage.
-
For homes typically 4kW, for larger houses/businesses up to 10kW.