Net Metering
Net-metering is an electricity policy provided by EAC, which involves utility customers who run their own self-generation electricity systems. The most commonly used self-generation electricity production system in Cyprus is the Photovoltaic systems.
The electricity generated by the photovoltaic system is consumed locally on-site, and any surplus electricity produced is transferred to the grid.
A special meter is installed by the EAC, which is responsible for measuring the power purchased from the grid (when on-site electricity production is lower than the on-side demand), and the power returned to the grid. Therefore the customer is liable to pay only the difference (net) between the two.
