{"id":2679,"date":"2024-01-28T16:47:15","date_gmt":"2024-01-28T14:47:15","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=2679"},"modified":"2024-01-28T16:47:15","modified_gmt":"2024-01-28T14:47:15","slug":"solar-panels-and-cheaper-electricity","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=2679","title":{"rendered":"Solar panels and cheaper electricity"},"content":{"rendered":"

<\/p>\n

The way the electricity cost is going up and is ever increasing in Cyprus, the reduction of the cost of electricity is becoming a major issue.\u00a0 To this end the government is introducing all sorts of incentives to encourage investments in solar energy, in order to produce electricity at home and to reduce the household consumption cost.<\/p>\n

Using solar energy is indeed a cost saving alternative, which reduces the electricity cost for an ordinary home to around 10-20% of the otherwise usage.\u00a0 The results are evident, and households are encouraged in an increasing number as the cost of electricity rises.<\/p>\n

The problem is for those units (e.g. apartments) that have no space to place the solar panels and even where there is, other problems might arise, such as the roof slope is at the wrong angle for the panels to be placed at their optimum angle, or mature trees provide shade which again affects the efficiency of the panels, in forest areas in particular.<\/p>\n

In case that there is a proven technical limitation for the panels\u2019 installation and operation, some other form of renewable energy production may be found.<\/p>\n

In Greece, for example, investment companies buy up land which is suitable for the purpose, develop solar parks and sell a share, while the metering is set off against the \u201cshareholders\u201d home consumption.<\/p>\n

This sort of approach has not caught up as yet in Cyprus, but this or other similar alternatives could be considered.\u00a0 This could also help the installation of solar panels in apartment blocks, factories, hotels, blocks of shops, etc.\u00a0 This sort of \u201cgroup solar parks\u201d could help towards the saving of land (if no available space to place them) especially when it comes to the use of good agricultural land and the cutting down of trees.<\/p>\n

I wrote to the previous Minister of Commerce and Industry, and received a response which I could not understand (and showed the reply to others hopefully more knowledgeable than us but could not understand it either).<\/p>\n

I will try again with the hope that I get a sensible reply.<\/p>\n

Political pressure<\/strong><\/h4>\n

It is a fact that public pressure is affecting government decisions on this issue and numerous alternatives are provided (e.g. no longer needed to place the panels where the consumption is) and any ideas should be looked upon by the government positively to see if they are capable of implementation.<\/p>\n

The reduction in the electricity cost has a direct effect to tenants, who will find that the total rent and electricity cost will be much less than if panels do not exist.\u00a0 Similarly, businesses will also find their operation cost being reduced, making them more competitive and helping them with their cashflow.<\/p>\n

I realise that the people who will least benefit are those who have properties in the mountain areas, not only because of the existence of trees and shade that prevents full absorption of the sun\u2019s rays, but due to the distance of the installations and maintenance cost will be much higher as well.<\/p>\n

It is my opinion that in each case the use of a specialised contractor or a mechanical-electrical engineer could be of great help to get an estimate on this capital investment compared to the cost saving, who will advise you on the various subsidies that are available.<\/p>\n

By Antonis Loizos F.R.I.C.S. \u2013 Antonis Loizou & Associates EPE \u2013 Property Valuers, Estate Agents and Property Consultants<\/em><\/p>\n

www.aloizou.com.cy<\/p>\n

[email\u00a0protected]<\/p>\n","protected":false},"excerpt":{"rendered":"

The cost of electricity in Cyprus is increasing, leading the government to introduce incentives for investments in solar energy. Solar energy can significantly reduce household electricity costs. However, there are limitations to installing solar panels, such as lack of space or shading from trees. In Greece, investment companies develop solar parks and sell shares to homeowners, offsetting their electricity consumption. Similar approaches could be considered in Cyprus to install solar panels in apartment blocks and other buildings. Public pressure is influencing government decisions on this issue. The reduction in electricity costs benefits tenants and businesses, making them more competitive. Properties in mountain areas may face challenges due to shading and higher installation and maintenance costs. Seeking advice from specialized contractors or mechanical-electrical engineers can help estimate the capital investment and potential cost savings.<\/p>\n","protected":false},"author":4,"featured_media":2680,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[312,311,279,33,3,553,358,415,634,556,284,626,558,560,335,380],"class_list":["post-2679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cyprus","tag-apartment","tag-columnists","tag-comment","tag-companies","tag-cyprus","tag-electricity","tag-energy","tag-government","tag-opinion","tag-photovoltaic","tag-property","tag-pv","tag-renewable-energy","tag-solar-panels","tag-space","tag-us"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"\nSolar panels and cheaper electricity<\/title>\n<meta name=\"description\" content=\"solar 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