Renewables

Republic of Srpska offers households credit to install solar panels

credit-solar-prosumers-ers

Photo: ulleo from Pixabay

Published

August 16, 2022

Comments

comments icon

0

Share

Published:

August 16, 2022

Comments:

comments icon

0

Share

State power utility Elektroprivreda Republike Srpske (ERS) has invited households to apply for credit for installing rooftop photovoltaic systems. The program aims to enable 50,000 households across the Republic of Srpska to install solar panels and become prosumers.

ERS will finance the purchase and installation of the solar panels, and the prosumer will repay the investment in monthly installments equal to their average monthly electricity bill for the past year, reduced by 10%, unless the customer opts for a higher installment amount.

ERS will finance the purchase and installation of solar panels, and the prosumer will repay the investment in monthly installments

As part of a program aimed at encouraging the development of prosumers, ERS also plans to offer similar support to businesses to install a total of 500 solar power plants.

ERS plans to offer similar support to businesses for a total of 500 solar power plants

Individual power plants in households will have an installed capacity of between 3 kW and 7 kW, and prosumers will be able to supply their electricity surpluses to the grid or withdraw energy if they generate less than they need. Buying additional electricity from ERS at prices applicable at the time of purchase will also be possible.

Prosumers will also be allowed to apply for a higher capacity for their photovoltaic system if they wish to produce more energy than they currently consume and use it, for example, for heating.

Eligible to apply for the program are households that consumed over 3,000 kWh of electricity in the April 2021-March 2022 period and whose house roof faces south, southeast, or southwest.

Montenegro also provides credit for would-be prosumers, while Serbia hands out subsidies

Elsewhere in the region, Montenegrin state-controlled power utility Elektroprivreda Crne Gore (EPCG) launched two projects last year aimed at helping at least 3,500 households, businesses, and public institutions to install solar power systems and start producing electricity for self-consumption.

In Serbia, would-be prosumers can apply for subsidies covering up to 50% of the investment in photovoltaic systems. The government disburses half of the subsidy amount, while the rest is provided by the local authority where the prosumer is located.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

norinco arctech bih contract solar

Norinco, Arctech sign equipment deal for solar power plant in BiH

17 January 2025 - The media reported in June that Norinco planned to buy an 80% stake in Aurora Solar, a firm with a concession to build a PV plant of 125 MW

Faria Renewables Huawei battery partnership Greece

Faria Renewables, Huawei setting up battery partnership in Greece

17 January 2025 - Huawei and Faria Renewables agreed to establish a strategic partnership for projects and operation of battery energy storage systems

serbia eps waste incineration nikola tesla

Serbia’s EPS proceeds with plans to produce waste from energy in Nikola Tesla A coal plant

16 January 2025 - The company has asked the Ministry of Environmental Protection to determine the scope and content of the EIA study for the project

Projects Turkey wind power storage milestones

Projects in Turkey for wind power with storage pass important milestones

16 January 2025 - Polat and Kontrolmatik advanced major projects for wind farms with storage as Turkey expects massive deployment of such hybrid solutions