The government of the Republic of Serbia in Bosnia and Herzegovina has adopted a net metering program to facilitate the deployment of 50,000 photovoltaic rooftop photovoltaic systems on residential and commercial buildings.

The government of the Republic of Serbia, one of the two entities in Bosnia and Herzegovina, has revealed that it will support the installation of 50,000 solar rooftop photovoltaic systems on residential and commercial buildings with a total capacity of around 250 MW.

The Rooftop PV rollout plan was proposed by the entity's Ministry of Energy and Mines and will be implemented by the state-owned power company Elektroprivreda Republike Srpske (ERS). All interested families and businesses in the Republic of Serbia are invited to a public conference call, details of which will be announced soon.

ERS will operate the PV plant and provide initial financial resources for the project. Earlier this year, the power company said it expected about 50,000 prosumers to install PV systems under its new net metering plan, and now new details have emerged.

According to ERS CEO Luka Petrovic, households and businesses selected to participate in the program will pay off their PV systems over the next 10 years. They will also be shielded from potential electricity price increases for the next 25 years.