FAQ

What is a PV System?

It is energy production systems from the sun. They consist of solar panels which collect sunlight and convert it into a continuous electrical current and are grouped with inverters which convert direct current into alternating. The alternating current is fed according to whether the system is grid connected to PPC or used for home consumption and electrification of remote areas or where is difficult to provide electrical power from the PPC to the house.
Grid connected systems with PPC conclude a contract for the purchase of electricity for 20 years and offer excellent financial returns.

Where they installed?

The PV systems can be installed on land, buildings, roofs, architectural applications like facades, roofs as well as specific applications like traffic lights, road signs, street lighting, etc.

What they offer?

RES which is not detrimental to the environment, contribute to reducing fossil fuel use, avoiding the production of carbon dioxide and PV systems are not subject to stock pollutants (Kyoto Protocol).
They provide investors with excellent financial returns with a short return on investment, low risk and guaranteed income for 20 years and there is assistance from the Development Law 3299/2004.
Technology readily accessible with aesthetic appearance.

Application submission

The submission of applications for exemption allowance gets deposited to the Energy Regulatory Authority in printed and electronic form. (RAE, University 69, Athens 105 64).

Persons that can apply for exemption.

Natural persons or companies incorporated at the time of application. Companies under establishment cannot apply.

Number of submitted applications

The same person (natural or legal) may submit under Article 4 of Law 3468/2006 more than one application for an exemption to different properties (non-contiguous), if the conditions of this article are met.

Development Law

The Development Law 3299/2004 provides the possibility of enhancing the investment cost or rental lease on PV parks. The subsidy provided is 40% of investment cost and stakeholders, who wish to integrate the provisions of the Act, should the entity making the request to be a legal person registered during the submission of application to the RAE.

Electricity purchase agreement

According to Law 3468/2006 government body responsible for agreeing the electricity market is the TSO SA (Greek System Administrator for Transmission of Electrical Energy) who undertakes to buy at an agreed price for each kWh produced from RES and passed to the PPC network. The contract is valid for 10 years and extended for another 10 years unilaterally (Article 12 of Law 3468/2006).

The purchase price of the kilowatt-hour (kWh) is defined as the area and the size of the park by law as follows:

Power	Interconnected System	Non-Interconnected Islands
<100kWp	0,45€/kWh	0,50€/kWh
<100kWp	0,40€/kWh	0,45€/kWh

CONSTRUCTION EQUIPMENT

How the selection of appropriate equipment is being done

It is understood that the choice of equipment manufacturer for a PV park is extremely important and determent factor for a long-term investment of 20 years in order to ensure proper operation and profitability.
The cooperation of our company with EVERLIGHT and the certification for our specialized teams render HELIOTECHNIKI the right choice for the construction and equipment of a PV park.
Our products have all necessary licenses; maintain strict standards and thorough quality checks.
Provide product and construction warrantee for a PV station.

FINANCING INSURANCE

Our company in cooperation with the largest insurance companies provides in your investment the possibility of insurance with the necessary cover. Security at any risk even for malicious acts, as well as security for revenue loss is likely to be anticipated by the insured risks.