How Many KWs Of PV Solar Installation Do I Require?
Enter annual electricity consumption in KWhs
Based on the 2022 EAC’s guidelines a household can produce, through the use of a PV solar system 100% of their electricity consumption (as per their past 12 months usage).
Owners of newly constructed households will require presenting their Energy Certificate study, which states the capacity of the system to be installed. For additional production requirements, such as electric heating, electric cars, that will be purchased, we can provide the required by the EAC documents to support the application (Heating – Suxeed Solar – Solar Energy Systems Cyprus (suxeed-solar.com.cy)
A very fair and user-friendly scheme available to homes and small businesses in Cyprus. All your electricity production through the Net Metering photovoltaic installation is accounted for 24/7, 360 days a year.
The new ‘Smart meter” which replaces your existing electricity meter, manages at any moment your production and your household electricity requirements. Production during sun hours is sent directly to your home. Excess output is exported to the grid while additional electricity requirements are imported from the EAC. Your bi-monthly EAC bill credits your output so that you end up paying only the difference. Certain taxes and grid usage fees will apply and VAT where applicable.
Virtual Net Metering
Through this newly announced by the EAC scheme a household with no available or useful roof area could utilize the Net Metering scheme by installing a PV solar system on another location including agricultural land. In the case that the intended installation is to be carried out on a plot of land without any existing EAC grid connection, before proceeding with the Net Metering application, it is advised that an application be made to the EAC requesting the cost for connecting the system to the grid. Suxeed Solar can assist on this matter. All the other EAC guidelines apply as per the Net Metering scheme.

Installation
The maximum capacity permitted for a residential or small business solar system through the NET METERING and NET BILLING schemes is now 10 KW. Homes and businesses with single-phase electrical installation can only install a 4.15 KW system. For systems larger than 4.15 KW and up to 10KW, a three phase electrical installation is required. When it comes to the inverter capacity, the EAC allows the installation of an additional KW therefore allowing room for system expansion in the future, if required.

Production
Provided that the photovoltaic solar panels are facing south, it is expected thata 3kW system will produce 5,100kWh per year, while a 5kW system will produce 8,500kWh per year. PV panels facing East or West will also produce electricity however, 8-10% reduction must be allowed for.

Government Subsidies
The ministry of Commerce and Energy announced in May 2022 a new Subsidy scheme to encourage the installation and use of renewable sources of energy in homes.
Subsidy of €375 per installed KW is available to all Republic of Cyprus residents, with a maximum sum of €1,500. This subsidy is increased by 50%for homes in the mountainous areas ( Oreines_Perioxes.pdf (resecfund.org.cy)
Foreign citizens with ‘yellow slip’ are also eligible.

Overproduction
Your excess electricity production exported to the EAC grid and is taken into account each time the EAC sends you the bi-monthly bill. A calculation takes place by deducting any overproduction against the KWhs imported from the EAC. The EAC applies a small fee (€0.0282 per KWh) for grid usage taking into account the KWhs imported.If during a billing period you produced more electricity than you consumed, your production will be transferred as credit to the following billing period. The EAC will reconcile your total production against consumption. Any excess output is kept in your account for up to 3 years.

Saving Money
There is no doubt that by installing a Photovoltaic solar system a house hold will save a lot of money towards the electricity bill. The payback period of your investment depends on the tariff per kWh charged by the EAC, as well as any government subsidies. Currently the payback period of a household net metering system is between 2.5-3.5 years.
How Does Net Metering work?
The Net Metering system is installed and produces electricity. During sunhours the system sends directly to your household the required at any one time electricity (not recorded by the EAC). Any excess output is exported to the grid. The overall system production is recorded by the inverter installed.
During non-production periods (evenings) or additional requirements, electricity is imported from the grid.
The user is charged the difference between imported and exported electricity. There are some other charges relating to EAC’s services.
After Installation
Once the EAC technicians have inspected and ‘passed’ the solar installation they will install the new SMART meter. Once this is done you are producing and utilizing your own free electricity production. The EAC will send out their Compliance certificate (Πιστοποιητικό Καταλληλόλητας) which is required to be submitted, with certain other documents for the subsidy purpose. This is to be done as soon as the first EAC bill is received showing Net Metering production.
The subsidy application is carried out by the EAC customer. SUXEED SOLAR can assist you in this stage too.
A photovoltaic installation produces clean energy. The installation itself requires very little or no maintenance. We encourage users to wash the PV panels every few months and keep a regular check on the daily production of their installation by glancing at the inverter to ensure production is as expected. For the more technically-minded a monitoring system, which is incorporated into the inverter, is an option for more accurately observing production and possible system faults.
HOW DO YOU START YOUR NET METERING INSTALLATION PROCESS
Application Procedure
At SUXEED SOLAR we like to make our customers’ life as easy as possible by taking care of the considerable paper work required for the application procedure.
Required Application Documents (Without Subsidy)
- Last 6 EAC bills or EAC electricity usage statement and a recent EAC bill. Copies.
- Water bill.
- Title deeds (all owners) copies. Issued within 6 months.
- Topographical plan. Copy. Issued within 6 months.
- Building permit. Copy.
- Owners consent (in case of multiple owners). Original. Provided by SUXEED SOLAR
- Certificate of permanent stay-Yellow card (in case of non-Cypriots). Copy.
- EAC Application form signed by customer – Original-Provided by SUXEED SOLAR
- EAC personal data handling Agreement (original)-Provided by SUXEED SOLAR
- Upon the successful lodge of the application, the customer will be requested to make a payment of €390 (including VAT).