Virtual net billing photovoltaic Net Billing

Virtual net billing photovoltaics Net Billing The concept of net billing (net billing) refers to the way of charging or compensating the consumers of photovoltaic systems connected to the grid. In common practice, when a PV system produces more electricity than the consumer itself requires, the excess energy is delivered to the grid. The consumer then gets this excess energy back during periods when their PV system is not producing enough energy.

Virtual net billing PV Net Billing The net billing process varies by country and local regulations. In essence, however, it is about regulating how consumers are treated when they produce more energy than they consume.

However, the phrase “net billing” usually refers to a system of recording the production of photovoltaic systems and the consumption of electricity, where most countries allow the sale of excess electricity to the grid and the acquisition of credits or rebates for the consumer.

Regarding Net Billing, the new Law 5037/2023 on Modernization of the legislation on the use and production of electricity from renewable sources was published in the Official Gazette, with all the new regulations that facilitate the licensing of Photovoltaic virtual net billing and self-consumption.

In order to implement the changes, which were enacted last March with Law 5037/2023, and to achieve the goals voted by the EP, Deddie is required to give the green light for the availability of the electrical space and then to issue a relevant decision of the Ministry of Foreign Affairs, which is expected to be ready in November 2023, possibly a little later.

The new law Law 5037/2023, It foresees new regulations for Photovoltaics and introduces the concept of "virtual simultaneous energy netting" for self-consumption and sale of excess energy.

Power plants for virtual energy netting by businesses are abolished and replaced in N5037/2023 with remote power plants virtual net billing.

Virtual net billing solar Net Billing Remote Virtual Net Billing is now available for professionals & businesses.

The new stations net billing they will be licensed in accordance with the applicable urban planning and environmental legislation and the opinion of all those responsible for service licensing will be required in order to present them to the network manager and grant the final connection conditions.

The netting of the electricity produced by the RES station e.g. from a photovoltaic park, it is done with the total energy consumed in the facilities (clocks) of the company if submit a request as the company alone and as a consumer, or with the members of the energy community if it submits a request as an Energy community.

Virtual net billing is the Energy Saving & Energy Production solution for sale Together.
In summary, the new law 5037/23 results in the following changes:

1. For Net Metering, the limits are set based on the agreed power and as 100 KW per supply.
2. Self-production is now done simultaneously and allows the sale of excess energy. This is called Net-Billing.
3. There is no upper power limit on virtual timed netting. The only limitation is related to the capacity of the network serving the project location.
4. The business alone or through some energy community can perform virtual net-billing.
5. Facilitates the installation of Photovoltaics - Virtual Net Billing, with remote project location in relation to Net-Metering & Net-Billing consumption facility.
6. The compensation – sale of Net-Billing concerns the excess energy which can for the business to sell and generate additional profits.
7. Self-production with deferred compensation minimizes and zeroes out the costs of the company's electricity bill.
8. In the photovoltaic installation it is allowed to be installed storage unit which increases the rate of profit.
9. The sale price of excess energy until August 2024 it corresponds to 65,74 per MWH.
10. It benefits from grant and funding programs.

Details

In addition to the possibility for virtual energy netting, virtual net billing is introduced, i.e. self-production in real time with the possibility of selling excess energy, without setting power limits.

This is a new netting scheme, with which only the produced energy that is self-consumed in real time is netted. The rest of the energy is sold to the network and compensated in one of the ways provided by the legislation (usually wholesale price, relevant provisions are expected).

The possibility of selling the surplus energy was not foreseen until now by the current framework of both simple and virtual energy compensation, 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 possible excess energy was not compensated. Virtual simultaneous netting is provided 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, i.e. the sharing of energy for self-producers located in the same building, which until now was not provided for by legislation.

This makes installation easier photovoltaic in apartment buildings, as it is possible for the apartments and common areas of the same apartment building to share the same photovoltaic system without having to set up an energy community. In this case, the energy offset limits for households and businesses (10 and 100 KW respectively) apply.