Accumulated kilowatt-hours erased under new net metering rules
Strong reactions are emerging in Cyprus over the deletion of accumulated kilowatt-hours from household solar panels, as the first “inflated” electricity bills begin to appear.
The regulation requires clearing any surplus every 36 months for net metering systems, with no option to transfer or be compensated for unused energy. Citizens argue that the measure is unfair and discourages energy saving, as it incentivises higher consumption to avoid losing surplus electricity.
Criticism over lack of alternatives
Critics also point to the absence of alternative solutions, such as selling excess energy, transferring it to other properties, or receiving compensation at a lower rate. Uncertainty remains due to the lack of a clear framework for new solar systems.
Utility company response
The Electricity Authority of Cyprus (EAC) emphasises that it implements the provisions set by the responsible ministry, noting that relevant terms are included in consumer contracts. The authority clarified that it does not set policy but executes governmental decisions.
Parliamentary approval of compensation proposal
The Parliament unanimously approved a proposal allowing compensation for erased surplus electricity from household net metering systems. The initiative aims to create a fair and clear framework for citizens’ self-generated energy, addressing previous gaps where surplus energy was lost without remuneration.
The new legislation empowers the Council of Ministers to issue decrees to implement consumer-friendly measures, correcting weaknesses of the prior self-consumption scheme that concluded at the end of last year.
Also read: European natural gas prices continue to rise
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