Photovoltaic energy storage application in Malta

Tags: Photovoltaic Energy Storage

5 FAQs about Photovoltaic energy storage application in Malta

How much is a feed-in tariff for PV systems under 40kwp?

Additionally, a second scheme is being reintroduced, offering a €0.15 per kWh feed-in tariff for PV systems under 40kWp for 20 years. Unlike the primary scheme, this does not include a grant but features an expedited approval process for applicants. This initiative is open to households, businesses, and community organisations.

How much is a feed-in tariff for a photovoltaic system?

A second scheme is also being re-issued, offering a beneficial feed-in tariff for photovoltaic systems under 40kWp. The feed-in tariff is set at €0.15 per kWh for 20 years and does not include a grant. The application process is now simpler due to automatic approval of the first part of the application process.

How much does a PV system cost?

PV with standard inverter – 50% of eligible costs, up to €2,500 per system (€625/kWp) PV with hybrid inverter – 50% of eligible costs, up to €3,000 per system (€750/kWp) Hybrid inverter + battery storage – 80% of battery costs, up to €7,200 (€720/kWh) + 80% of inverter costs, up to €1,800 (€450/kWp)

What are the new PV tariff schemes?

These new schemes have been launched by the Minister for Energy, Enterprise and Sustainable Development, Miriam Dalli where she also announced that those domestic account holders of PV panel systems that had their Feed In Tariff contract expired in the past years, will be benefitting from an increased rate of 10c5 per kWh.

Why should a photo voltaic system be added to the system?

The public will be able to enjoy better rates and flexibility with the addition of battery storage to the system. In this way, the energy generated through the photo voltaic panels during the day, can be stored in a battery and used later on when needed, therefore saving more money for Maltese families.

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