Ioannou - Net-Metering Systems for Households
The purpose of Net Metering is the consumer to pay as little as possible for electricity due to producing energy through photovoltaic systems. The meter of EAC which is placed in homes showing the kilowatt hours (kWh) consumed in every two months and based on this indicator calculates the amount to be paid after adding some fees, surcharges, various charges, VAT etc.
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What is Net Metering?
Roughly, each domestic consumer pays for each kWh consumed approximately 0,28 €.
In the case of Net Metering one meter calculates the difference between the kWh consumed and kWh produced from the Photovoltaic System and eventually only this difference will be paid.
Ideally consumers should produce as much they consume so to have zero behalf of EAC.
The system of 3kWp will save about 1400 € per year from the accounts of the EAC. (If your electricity needs are smaller then install smaller / cheaper system (eg 2kWp), if on the other your needs are more then you just will only pay the difference)
Photovoltaic System
The system comprising from 12 European photovoltaic panels of power 250Watt, aluminum bases and an inverter. For the system of 3kWp will require free space around 20-50m2 on the roof of the house or the land within the site. Where there are ceiling tiles then the space requirement will be about 20m2. Each frame has a weight of only 20kg and so the building will not be subject to any problem of static strength.
Application Procedure
The beneficiaries of the grant must apply first to the Energy Foundation which will provide authorization for the right of sponsorship and then will apply to EAC. The non-beneficiaries of sponsorship will apply directly to the EAC. In both cases, our company will assume no cost for preparing applications, the techno-economic study of the electrical design and all other documents will be required.
Financial Benefits
FINANCIAL BENEFIT OF A PHOTOVOLTAIC SYSTEM OF 3kWp FOR HOUSES The production of a photovoltaic system capacity 3kWp placed at firm foundation stands at 5185kWh annually based on weather data in Cyprus. Roughly, each domestic consumer pays for each kWh consumed approximately 0,28 €. So the P / V system will save approximately 1450 € from the EAC accounts annually.
The largest production takes place during the summer months due to greater sunshine something which is consistent with the consumption needs of the house (use of air conditioning).
If there was more production from the photovoltaic system than the consumption needs of the home, then this action will not perish but will be credited to the next bill until next year’s April bill.
To achieve the above yields decisive role played by the system equipment to be used. Our company has the basic motto of excellent quality and reliability of P/V panels and the inverter and the proper and maximum effective operation of the system in the long term.
We suggest two options with different modules and inverter, the first choice to combine low cost and better guarantees for the materials and the second option combines the leading solar panel and inverter in the market as evidenced by all the relevant test of rating agencies. Regarding the quality of the materials the first choice with the lowest cost is not subordinate to the other, and we cite the following as evidence.
Option 1 EUROPEAN PANEL VISEL 30 years performance guarantee 80% 12 years hardware warranty Coefficient of performance 15.29%6 bypass diodes to protect against partial shading
Option 2 EUROPEAN PANEL REC 25 years performance guarantee 80% 10 years hardware warranty Coefficient of performance 15.1% 4 bypass diodes to protect against partial shading
Option 1 INVERTER KSTAR Power factor of 97.5% Factory Warranty 5 years Extension Warranty Costs in 10 years: 150 €
Option 2 INVERTER SMA Power factor 97% Factory Warranty 5 years Extension Warranty Costs in 10 years: 165 €
Overview / Summary
Option 1:
- THE LOWEST OFFER IN THE MARKET WITH THE BIGGEST GUARANTEES
- Description P / V system 3 kWp
- With Spanish VISEL panels and inverter KSTAR
- STANDARD EQUIPMENT OF P/V STATION
- 12 Solar modules VISEL VS250P-60, 250W
- 1 inverter KSTAR KSG-3000SM, 3kW
- Fixed aluminum bases
- Special solar cable with UV protection,
- Surge arresters
- Installation / electrical components
Option 2:
- Most popular PANELS AND INVERTER IN THE MARKET
- Description P / V system 3 kWp
- With Norwegian REC panels and German inverter SMA
- STANDARD EQUIPMENT P / B STATION
- 12 Photovoltaic Panels REC 250PE, 250W
- 1 inverter SMA Sunny Boy 3000TL, 3kW
- Fixed aluminum bases
- Special solar cable with UV protection,
- Surge arresters
- Installation / electrical components
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