Grid connected commercial/industrial systems or else called self-production project in Cyprus allows consumers to generate from 10kW up to 500kW of electricity using photovoltaic technology and use it exclusively for own consumption. This means that the generated electricity is used directly from the commercial or industrial unit.
The ideal result is to achieve a great reduction in electricity bills and also to minimize the return of investment.
In the case that the production is more than the consumption, the excess power has to be stored in batteries, which increases the initial cost or it will be delivered to the local distribution facilities and will not be reimbursed nor will be credited. That’s why it is important to prepare a proper planning and correct assessment of system’s capacity, based on the consumption of specific buildings, in order to find the optimal solution considering the initial cost and operating cost.