In summary, the new law 5037/23 results in the following changes:
For Net Metering, limits are set based on the agreed power and up to 100 KW per supply.
Self-generation is now done simultaneously and allows the sale of excess energy . This is called Net-Billing .
There is no maximum power limit in virtual deferred netting. The only limitation is in relation to the capacity of the network serving the project location.
The company itself or through an energy community can carry out virtual net-billing.
Facilitates the installation of Photovoltaics - Virtual Net Billing, with a remote project location in relation to the consumption installation Net-Metering & Net-Billing.
The compensation - sale of Net-Billing concerns the art director email list surplus energy which the company can sell and generate additional profits .
Self-generation with deferred offsetting minimizes and eliminates the costs of the company's electricity bill.
A storage unit can be installed in the photovoltaic installation, which increases the profitability rate.
The selling price of surplus energy until August 2024 corresponds to 65.74 per MWH .
It benefits from grant and funding programs .
In detail
In addition to the possibility of virtual energy netting, virtual net billing is being introduced, i.e. self-generation in real time with the possibility of selling excess energy, without setting power limits.
This is a new netting scheme, whereby only the energy produced and consumed in real time is netted. The rest of the energy is sold to the grid and compensated in one of the ways provided for by law (usually wholesale price, relevant provisions are awaited).
The possibility of selling excess energy was not previously foreseen by the current framework of both simple and virtual energy netting, where the surplus energy that was not self-consumed was "stored" in the network for a period of three years and beyond the three years, any potential excess energy was not compensated. Virtual simultaneous netting is foreseen for all self-generation projects, with particular emphasis on those of enterprises (individually or through energy communities) instead of virtual energy netting.
Joint self-consumption is established, that is, the sharing of energy for self-producers located in the same building, something that was not previously provided for by legislation.
This facilitates the installation of photovoltaic systems in apartment buildings, as it allows apartments and common areas of the same apartment building to share the same photovoltaic system without having to establish an energy community. In this case, the energy offsetting limits for households and businesses apply (10 and 100 KW respectively).