Serbia rooftop photovoltaic panel installation

Is solar power possible in Serbia?

With many sunny days, Serbia has great potential for solar energy. However, the use of solar power in residential buildings and individual houses is still in its early stages. The country’s recently adopted energy laws, combined with the lower costs of solar technology, raise expectations that this may soon change.

How long does it take to install a solar system in Serbia?

“Nowadays, we work more on on-grid systems, for users who have electricity but want to make additional savings with solar energy. An average household in Serbia would require a solar plant of 5-10 kW. Such a system can be paid off in five to seven years. The installation is not complex and can be finished within a couple of days,” adds Nikola.

How much does it cost to install a rooftop solar system?

These projects are being developed at industrial facilities whose rooftops span 3,000 square meters or more. The cost of installing a rooftop solar system for businesses is about EUR 650 per 1 kW of installed capacity for power stations of more than 30 kW and EUR 600 per 1 kW for those whose capacity exceeds 100 kW.

Is Nikola's house connected to Serbia's electricity grid?

Administrative barriers have meant that Nikola’s house is not connected to Serbia’s electricity grid. He still manages to generate electricity all year round, with most energy produced from March to November and less produced on winter days.

Is there a way to regulate prosumers in Serbia?

Even though Serbia lacks rules to regulate the status of prosumers or encourage their development, things are moving forward – several hundred solar power stations have been installed so far, supplying green electricity to individuals and businesses.

Which banks offer Geff loans in Serbia?

In Serbia, UniCredit Bank and Erste Bank offer GEFF loans. Although such home improvements can noticeably reduce energy use and long-term associated costs, the initial financial outlay can be high.