Balance-based Settlement to Stay in Place for Existing Solar Prosumers
Hungary will keep balance-based settlement for households that already have solar panels hooked up to the power grid, instead of applying European Union-mandated gross settlement, Energy Affairs Minister Csaba Lantos said in a video message on his ministry's Facebook page on Friday, state news wire MTI reports.
Hungary to keep balance-based settlement for existing solar prosumers
MPs of governing Fidesz and industry associations had earlier pressed for a balanced-based settlement, which favors prosumers, to remain in place, in spite of an EU directive requiring the adoption of gross settlement from January 1, 2024, MTI says.
Lantos said a balanced-based settlement would apply to households that already have solar panels and to registered solar panel projects that are completed by the end of 2025 for a period of 10 years from installation. New incentives for solar panel investments are being weighed, he added.
Erste Bank Hungary Q1 Earnings Close to HUF 29 bln
Hungary Welcomes Extension of China's Visa Exemption Policy
Living's Kassák Terrace and Park West 3 Classified as Brownf...
Aldi Opening Biggest Store in Budapest
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
