Times are tough, we get it. With an ever-increasing cost of living and environmental changes — the adoption of solar power stands as a shining light of sustainable solutions. This blog will explain the practicalities of solar batteries, ‘selling back’ surplus energy into the grid, and how solar can help you save on your electricity bills.
Supercharge your sunshine, with high-tech batteries
At the forefront of solar power efficiency are solar batteries, providing a solution for storing surplus solar energy. During peak sunlight hours, these advanced batteries effortlessly capture and store excess energy, then release it when electricity tariffs reach their peak. Also known as a Hybrid Solar System, this dual purpose strengthens the efficiency of a solar power system and plays a huge role in effectively managing electricity costs.
At Mega Watt Power, we’re proud to be a certified installer of the Tesla solar battery system. With over three decades of industry expertise, we understand the importance of reliability and longevity in solar technologies.
The Tesla Powerwall 2 is capable of detecting grid outages and will automatically switch over to supplying you with the energy that has been stored in the Lithium batteries, even if you have a mains power outage during the day.
For the budget conscious too, they can be specifically set up to charge during low-cost periods, like off-peak hours and discharge when energy is more expensive — during peak times, or even when it’s lowlight or night time.
In simple words, it pays to save (energy).
Good energy gains.
Did you know that your potential surplus solar power stored in batteries can be strategically ‘sold’ back to the grid, resulting not only in financial returns but also in actively contributing to a sustainable energy ecosystem?
A feed-in tariff (FiT) is like a bonus for any surplus electricity you send back to the grid. Also referred to as a buy-back rate, it typically comes in the form of a fixed rate per kilowatt-hour, credited to your bills.
At the time of writing, the buy-back rate for NSW residents with Energy Australia is 7.6 c/kWh.
Great things take time.
While the cost benefits of solar power are substantial over time, it’s important to take a pragmatic look. Solar power systems may take several years to bring home positive returns due to the initial costs involved.
We love providing and installing hybrid systems but we get greater pleasure from providing the best energy solution that will suit you and your family.
The sunny side to life — a hybrid solar system.
In a nutshell, weaving a hybrid solar system into your energy plans not only unlocks real-life savings but also paves the way for a greener future.
By optimising solar energy, storing it and then strategically managing electricity consumption, you can seamlessly navigate peak tariff periods, sell back into the grid and transform your overall energy efficiency.
But as you embark on this solar journey, maintaining a balanced perspective is key. Patience is paramount, as the full financial benefits may take time to materialise. Because at the end of the day, your finances, and the environment will come out on top.
Next Steps: How to get started.
Ready to make the switch to solar? Contact us now for personalised advice at contact@megawattpower.com.au or call (02) 6652 9700.
