Net Billing & Virtual Net Billing: A New Era in Energy Self-Production
Net Billing and Virtual Net Billing are modern energy self-production mechanisms that allow consumers to harness solar power, reducing their energy costs and enhancing energy independence.
What is Net Billing?
Net Billing allows electricity producers from renewable sources to sell their surplus energy to the grid and be compensated based on the wholesale electricity price. Unlike Net Metering, which works via energy offsetting, Net Billing involves monetary compensation.
What is Virtual Net Billing?
Virtual Net Billing works the same as Net Billing but allows consumers to connect their generation systems to different electric supply accounts, even in separate locations.
Differences Between Net Billing and Net Metering
| Feature | Net Billing | Net Metering |
|---|---|---|
| Compensation Mechanism | Monetary compensation for surplus energy | Energy offset against consumption |
| Compensation Rate | Wholesale electricity price | Retail electricity price |
| Offset Period | Immediate sale to the grid | Offset over 3 years |
| Virtual Connection Capability | Available (Virtual Net Billing) | Available (Virtual Net Metering) |
Eligibility & Power Limits
The Net Billing and Virtual Net Billing programs are available to:
- 🔹 Household consumers
- 🔹 Businesses
- 🔹 Agricultural operations
- 🔹 Municipal and public bodies
Maximum Power Limits:
- 🔹 Household consumers: Up to 10.8kWp
- 🔹 Businesses & Farmers: Up to 100% of the agreed kVA
Why Choose Net Billing:
- ✔️ Reduced energy cost through surplus energy sales
- ✔️ Immediate financial return without offsetting time limits
- ✔️ Remote generation capability with Virtual Net Billing
- ✔️ Support sustainable development and lower carbon footprint
Contact us today to discover how you can benefit from Net Billing and Virtual Net Billing!