What is Solar Net Metering and how does it work?
Solar net metering is when solar power systems are installed on-premises, there may be times when solar electricity generation is more than household consumption. The surplus of the electricity is then get exported to the power grid, and it can be metered through net metering and compensated by a solar feed-in tariff. These two concepts are sometimes confusing, but there are important differences between them.
A quick overview of solar power and how it works
Solar energy (power) is generated by sunlight. The solar photovoltaic (PV) effect is the conversion of sunlight to energy. Solar panels presently convert the majority of visible light and almost half of the ultra-violet light spectrum into usable energy. Renewable energy use sunlight to generate heat, light, hot water, electricity, and even cooling for households, organizations, and even the general public. There are four main components of renewable energy, which are the inverter, Net Metering, solar panels and battery storage.
What is a solar power inverter?
A solar power inverter is a device that converts sun’s energy into usable energy for households and businesses. A solar energy(power) inverter is usually placed in a safe and easy-to-maintain place. The converter can be located in places such as the side of a house or a garage.
Solar Panels and battery storage
Over the years, the design and technology of solar panels have continuously been improving to provide a long-lasting energy generator. Solar panels guarantee high performance during the first 25 years of their service life. Some solar panels and battery storage can be used for 40 years after installation, and the operating power is about 80%. With Ultimate Energy Australia, when you purchase your system from us and it fails whilst under warranty and can be repaired, we will always repair it for free. You will always have the confidence to get the best warranty service in the industry while dealing with experts at Ultimate Energy Australia.
The solar battery storage device is used to absorb the additional electricity. It is generated by most solar PV systems during the day and stores it for night use or power outages. Most residential battery solutions currently available have a storage capacity of approximately 9.8 kWh or more. Depending on the critical loads connected, these loads can last anywhere from one day to several days. If it’s sunny outside and can be charged. You can also add multiple solar panels and battery storage to increase the required battery life, and provide a longer backup time.
What is Net Metering in solar energy?
When considering it, a house doesn’t use nearly as much electricity during the day, when the solar panels are at their most efficient. Most people are at work, kids are presumably at school, and there’s not much going on in the house from 7 a.m. to 5 p.m., so there’s not a lot of electricity being used. As a result, solar panels will generate a lot of electricity when it is not needed. Without solar net metering, all of the extra solar energy generated by the panels would be remitted to the grid, and households receive nothing in return. With net metering, electricity providers will compensate a household for the solar energy sent to the grid. For each kilowatt-hour (kWh) of solar electricity provided to the grid, most electricity providers would reimburse by applying an energy credit to the electricity bill.
When solar panels aren’t generating energy, such as when the sun sets, households can utilize those net metering credits to neutralize any energy use from the grid. This ensures that households receive the full economic value of the solar electricity generated by solar panels.
What is Solar PV (Photovoltaic)?
Solar PV is the type of rooftop solar that you see on homes and businesses. It generates power directly from the sun’s energy. Solar thermal technologies harness the sun’s energy to generate heat, which is then converted into electricity. Every year, Australia generates thousands of times more clean energy from the sun than it consumes in fossil fuels. Currently, households consume just about a millionth of this as commercial energy.
Ultimate Energy Australia believes that solar panels have more advantages than disadvantages. Our highly qualified and expert team is here to help. Contact us for a free consultation and quotation for your Ultimate Energy Solar Power System.