Electricity bills are rising, household energy needs are growing, and more homeowners are looking for ways to reduce their expenses and become more energy independent. Solar photovoltaic systems are no longer a luxury. Τhey are a smart investment that delivers immediate savings and long-term value.
At EnergyIntel, we design and install complete solar PV systems tailored to each customer’s actual needs, with a focus on performance, reliability, and cost savings.
What is a solar PV system and how does it work?
A solar photovoltaic system converts solar energy into electricity. It consists of solar panels, an inverter, and the components required to connect the system to the electricity grid.
The most widely used option for homes is net metering, which offsets the energy produced against the energy consumed and applies to systems of up to 10 kW. Put simply, any electricity you generate but do not use immediately is exported to the grid and credited for use when you need it. This significantly reduces your electricity bill without requiring you to change the way you use electricity.
For residential or commercial solar PV systems above 10 kW, the operating model shifts from net metering to net billing, a more advanced and flexible energy management system.
Under net billing, the surplus energy you generate is not wasted. It is fed into the grid and converted into a financial credit based on a predetermined tariff, which is often lower than the retail electricity rate.
This means you receive value for every kilowatt-hour you generate, while you are billed only for the energy you actually consume after your credits have been deducted.
In simple terms, you generate, consume, and pay for electricity more efficiently.
How much does a solar PV system cost?
The final cost depends on the capacity you require, the design and structure of your roof, and the type of equipment you choose.
Every installation is unique and that is exactly how we approach its design.
Indicative prices and annual production:
- 4 kW – €5,000–€6,000 (approximately 6,000 kWh per year)
- 6 kW – €7,000–€8,000 (approximately 9,000 kWh per year)
- 8 kW – €8,000–€9,000 (approximately 12,000 kWh per year)
Return on investment: Thanks to Cyprus’s abundant sunshine, a 4–6 kW system can pay for itself within four to six years while continuing to operate efficiently for 20–25 years.
Subsidies and grant schemes
In Cyprus, the Ministry of Energy’s Grant Scheme offers significant financial support:
- Up to €350 per kW, with a maximum grant of €1,500, for residential properties.
- Up to €900 per kW for vulnerable households.
EnergyIntel handles the entire grant application process from start to finish, saving you time and unnecessary paperwork.
What are the practical benefits?
A 4 kW solar PV system generates approximately 6,000–6,500 kWh per year. Based on current electricity prices, this can translate into annual savings of up to €2,000.
Once the system has paid for itself, the energy it generates is effectively free. At the same time, you increase the value of your property and help reduce CO₂ emissions.
How to get started with EnergyIntell
- Receive a free energy assessment of your home.
- Have your system designed according to your energy consumption and available space.
- Receive a detailed quotation, including equipment and performance warranties.
- Let our team prepare and submit your grant application.
- Have your system installed and commissioned by an EnergyIntel-certified team.
We guide you through every stage of the process, step by step, without technical complications or hidden costs.
What to consider before making your decision
- Make sure your supplier has the necessary certifications and proven experience.
- Do not base your decision on price alone. The quality of the inverter and solar panels determines the system’s performance and lifespan.
- Ask for a detailed system study that includes an estimated energy yield, rather than just a basic quotation.
- Choose a company that provides comprehensive after-sales support and maintenance packages, such as those offered by EnergyIntel, to ensure maximum system performance and a longer service life.
An investment that delivers value today and in the future
Installing solar panels is one of the smartest investments a household can make today. It provides greater energy independence, more predictable expenses, and meaningful environmental benefits.
At EnergyIntel, we believe that every home can achieve greater energy autonomy, supported by safety, quality, and long-term peace of mind.
Contact us
Would you like to find out how much you could save by installing solar panels at your home? Our team would be happy to guide you through the process step by step, with no obligation.
Email: info@energyintel.com.cy
Telephone: (+357) 22380707
Website: www.energyintel.com.cy/solutions/pv-residential-solutions/
