Ministerial decision on self-consumption of energy (Net Billing)
According to a relevant announcement, through the new self-consumption scheme, the leadership of the Ministry of Environment and Energy gives the possibility to all consumers of the country, in facilities located at all voltage levels of the electrical system, to offset simultaneously the quantities they consume in their facilities with the quantities produced by one or more Renewable Energy Sources (RES) stations, and to receive compensation for the excess energy, according to market prices.
The RES stations may belong to themselves or to a third party, be installed either in the same place as the consumption facility (net billing) or anywhere else in the network (virtual net billing), and the third party, owner of the station, may guarantee a fixed selling price of energy. With this capability, energy companies install RES systems, with or without storage, to offset self-consumer consumption, further liberalizing the retail energy market.
Energy consumers will now actively participate in market developments, taking advantage of cheap energy from RES and avoiding the risk of energy price increases in their tariffs.
Especially for residential self-consumers up to 10.8 kW, it is possible to receive the benefit of excess energy as a discount on their provider's electricity bill.
For businesses and larger consumers installing systems above 10.8 kW, the excess energy revenue they receive from the market will go directly into their bank account.
At the same time, with the implementation of collective self-consumption, apartment owners of an apartment building will be able to install photovoltaic systems either on the roof of the apartment building or anywhere else, provided that they legally own the use of the space.
Source: Energypress