What is a green tariff

What is Green Electricity Tariff

As we get closer to Europe, we are gradually starting to think about how to save what we already have, as well as how to save on energy resources. For example, for Ukraine, solar panels, or as they are also called private solar power plants, are a relative novelty on the market. Yes, more and more often you can see these batteries on the roofs of private houses, or even entire fields. Nevertheless, the question arises whether it is legal and profitable? And the "green tariff" for electricity will help to reveal this issue. What is it?

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This is a fairly good opportunity for individuals and legal entities to create, use for their own purposes and sell electric energy, or rather, its remainder, to the state. In other words, yes, it is under the control of the state, and by purchasing solar panels, they are immediately installed and fall under the "Green Tariff" for electricity.

For example, a purchased and installed solar panel system with a certain capacity more than covers the needs of home ownership, and even has a surplus. Accordingly, this "surplus" is sold and enters the network at a set rate. It is not necessary, of course, to install specifically solar panels, it is enough to purchase devices for generating energy from wind, geothermal, and hydro resources. But for the average Ukrainian, solar panels are cheaper.

According to the letter of the law, all equipment must undergo compulsory certification, have a capacity of no more than 30 kW, and the law is valid until 2030 (described in more detail here). According to the tariffs, you can receive income in the amount of 0.14-0.19 euros per 1 kW, depending on the year of validity. The only limitation that is likely to be encountered is where the station will be installed.

Since there is no “green tariff” connection for electricity for people wishing to install it in an apartment building. There is a certain procedure (how to issue a green electricity tariff): purchasing equipment, opening a bank account, contacting the appropriate company that provides electricity, and, as a result, a purchase and sale agreement.

Taking into account the constant price increases for this kind of services, it will be quite profitable for Ukraine, given that these are almost the highest tariffs in the world. Yes, you need to have initially a solid amount for the purchase, so that you can "beat off" it as soon as possible and earn money. However, having your own energy source and not depending on the state is a great idea!