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NET BILLING

Net Billing Scheme Net billing is a monetary exchange where the energy produced by your solar power plant is considered as if it were produced by a large-scale solar project. However, your compensation rate will be lower with net billing than with net metering. WHAT IS NET BILLING? Net billing is a mechanism where the excess energy generated by your solar system is “sold” to the utility for less than it would cost for you to buy it as a customer. Instead of a credit on your utility bill, you will get a euro value based on the supply rate or wholesale rate of electricity. Using net billing, solar power plant owners transfer the surplus of produced energy to the general energy system, and money are accumulated in their account according to the current tariff at the time of return. In the future, the user can use money from this account to pay for electricity taken from the state power grid. Usually, the need to use it falls on the autumn-winter period, when solar activity decreases and the own station cannot produce a sufficient amount of current for the needs of a household or business.

NET METERING

Net Metering Scheme Net Energy Metering is a mechanism for supporting the generation of “clean” energy for one’s own needs, which allows using the power grid as a kind of “accumulator”. The generation of electricity by solar depends on the weather, time of day and season. Therefore, net metering can play a significant role in the energy transition. The purpose of the mechanism is to help generate and consume electricity from renewable energy sources (RES) in the amount that will meet one’s own needs. WHAT IS NET METERING? Net Energy Metering is an economically feasible combination of renewable energy sources with the power system. Distributed generation and the creation of a segment of prosumers (consumers of electricity connected to the distribution network and having their own power generation capacity) are important components for the sustainable development of the country’s energy sector. The specified mechanism of distributed energy generation exists in many countries of the world and has a number of advantages. Net metering involves the production of energy from renewable sources for own needs with the possibility of supplying excess energy to the power grid with subsequent consumption of it at a convenient time. That is, every consumer can become a prosumer, in particular, consume and generate electricity from renewable energy sources in the amount that will meet their own needs. Operating conditions of net metering: if the consumer produced less energy than he consumed, the difference is paid at the current tariff; if the prosumer produced more energy than it consumed, then this surplus of generated energy, given to the network, can be used in subsequent periods. Required documents for application: RESIDENTIAL PROJECTS A copy of the title property. The licence of the building. A copy of the last 12 months of the building’s electricity consumption. A document of a utility bill that has the name of the applicant. A copy of the plot layout plan for the neighbourhood. All the owners’ approval for solar panel installation (when there is more than one owner of the building). A signed document from the applicant that clearly states the property he has applied for is their first house. Proof of permanent residence (a permanent residence certification or copies of six consecutive months of utility bills). It must have the name of the applicant. In case the applicant belongs to “vulnerable groups” a document that proves it have to be attached to the application. NON-RESIDENTIAL PROJECTS A copy of the title property. A copy of the last 12 months of the electricity consumption of the building. A document of a utility bill that states the name of the applicant. A copy of the plot layout plan for the neighbourhood.

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High Efficiency HJT Module

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