Net Billing
What is Net Billing?
Net billing is a modern self-consumption energy framework designed for homeowners who install photovoltaic systems to directly combat rising electricity costs. Under this scheme, the energy your solar panels produce and that you consume in real-time during the day directly offsets your retail electricity rate, maximizing your immediate savings. Any excess solar energy you do not use isn't lost; instead, it is exported back to the national grid and credited to your account at a lower but competitive wholesale market price. This dynamic system ensures a highly transparent approach to tracking the true value of your self-produced electricity while supporting grid stability.
Benefits for Homeowners
  • Immediate Cost Reduction: Direct self-consumption allows you to bypass expensive retail electricity rates during peak sunlight hours, dramatically lowering your bi-monthly bills.
  • Monetized Excess Generation: By exporting surplus energy to the grid, you accumulate financial credits at wholesale rates that directly lower your overall energy expenses.
  • Future-Proof Energy Independence: Integrating your system with modern battery storage ensures you store your daytime production for evening use, shielding your household from future retail price spikes.
  • Enhanced Investment Protection: With Cyprus moving toward a liberalized, competitive energy market, net billing provides a transparent, market-aligned model that secures long-term value for your property.
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S-PRO Energy Systems Limited
CONTACTS

Phone: +357 77 000040

sales@spro.energy

Arch. Makariou III 58C, Nisou 2571, Nicosia, Cyprus

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