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Research shows family solar power plants can slash electricity bills by up to 70%

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New research from the Center for Environmental Improvement (CUZS) reveals that installing a family solar power plant can significantly reduce electricity costs—by as much as 70%. The study, based on a case analysis of a household in Srem, tracked the energy production and consumption of a solar power plant from April 2023 to March 2024.

During this period, the household used 38% of the electricity generated by the solar system and sold the rest back to the grid. As a result, instead of paying approximately 207,000 dinars for electricity annually, the household’s total electricity bill was only 64,134 dinars, saving over 140,000 dinars per year.

Although changes in the Law on Energy may affect the calculation method for prosumers (buyers-producers) by 2026, CUZS notes that solar power remains a profitable investment in the long term due to the ongoing rise in electricity prices. Additionally, the Ministry of Mining and Energy, in partnership with local municipalities, offers subsidies up to 420,000 dinars for solar power plant installations, helping households transition to renewable energy.

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