Programme Description
Flexible Financing Solutions offering up to 100% financing
100% Guarantee for the PV System’s output with an ROI of approximately 18%*
As of the 1st of July 2009 the Common Ministerial Decision respective to PV installation on rooftops has been in effect.
The programme “Residential PV Systems” is among the most superior packages offered in Europe today. It is an ideal time to make a PV investment especially given the current climate of economic uncertainty that surrounds most other investment options. The PV market offers a sustainable investment with an ensured return that is guaranteed for a period of 25 years and offers both financial benefits as well as ecological benefits through its’ contribution to environmental protection.
The programme is targeted at households as well as very small enterprises that are interested in installing a PV system with a capacity of up to 10 KWp on their rooftop or terrace (including patio/veranda shelters). In order for a prospective client to be approved, they must have available the adequate space that is required for the PV installation. This programme is valid until 31/12/2019.
Today, the purchase price of the energy produced stands at 0,250€/KWh (valid for the period 08/2012 up to 31/01/2013). The investor’s income is credited to his bi-monthly bill after it has been offset against the value of the electrical energy that the owner of the PV system has consumed for his/her personal needs.
The purchase price is readjusted upwards annually at a rate of 25% of the previous year’s inflation rate, as determined by the National Statistical Service. A 25 year contract is signed with DEH for the sale of the energy produced.
The total value of the energy produced is offset against the value of the electrical energy consumed. The difference, provided that it is greater for the investor, is credited by the National Electric Company to the investor’s nominated bank account.
For the installation of the PV system, no special permit is required from the urban planning department.
The programme is valid for the entire Greek continent and all the islands.
*The ROI is dependent on the specific technical & economic factors of each PV project investment.
Learn more about the Program:
PROGRAMME CRITERIA
THE ADVANTAGES
FAQ
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