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Benefits of adding batteries to an existing solar system and signing up with Amber Electric

2023-03-28T09:16:11+11:00

Solar power is an excellent way to save money on your energy bills while also reducing your carbon footprint. One of the challenges of solar power, however, is that it is an intermittent energy source. This means that it is only available when the sun is shining. Fortunately, you can use batteries to store solar power and use it when it is needed, day or night. Here are some of the benefits of adding batteries to your existing solar system: Energy independence - By adding batteries to your solar system, you can store excess energy generated during the day and use it at night or during cloudy weather. This means that you will be less reliant on the grid, and you can have greater control over your energy usage. Cost savings - Storing solar power in batteries can help you save money in several ways. First, you can use the stored energy during peak hours when energy prices are highest, which can save you money on your electricity bill. Second, if you generate more energy than you need, you can sell it back to the grid and earn a credit on your bill. Increased reliability - Power outages are a fact of life, but batteries can help you prepare for them. By storing energy [...]

Benefits of adding batteries to an existing solar system and signing up with Amber Electric2023-03-28T09:16:11+11:00

AEMC – Turning point for incentives to invest in residential batteries

2023-03-28T09:11:23+11:00

In October 2022, the Australian Energy Market Commission (AEMC) published an article on their website called:  Turning point for incentives to invest in residential batteries. https://www.aemc.gov.au/turning-point-incentives-invest-residential-batteries In the piece they state that with the following trends in the energy markets are creating greater incentives for consumers to store and use their own energy using residential batteries: Falling price of feed-in-tariffs. Implementation of export charges during peak solar production times of the day. Increase cost of power during peak periods. Falling cost of batteries. Longer battery warranty times. For households that already have solar systems, the net benefit of owning a solar system increased  from $0.15 – $2.0 per kWh in 2020 ( this is the difference between the value of the feed-in-tariff and the cost of energy during peak periods), to $0.24 per kWh in 2021.  This trend of falling feed-in-tariffs and export charges is expected to continue, with a potential net benefit of $0.30 per kWh in 2024/25. Coupled with the now more common warranty period of 10 years by most battery manufacturers, this is now resulting in the average pay back period for many of the more reasonable priced battery storage systems to fall within the warranty period. Of course many factors come into play, such as the size of the solar [...]

AEMC – Turning point for incentives to invest in residential batteries2023-03-28T09:11:23+11:00

Benefits of installing batteries to your existing home solar system

2023-03-28T09:10:34+11:00

As more and more homeowners switch to solar energy, many are considering adding battery storage to their existing solar systems. While the payback period can sometimes be a determining factor in deciding whether to install a battery system, there are many other benefits to consider such the following: 1. Energy Independence One of the biggest benefits of having a solar battery system is energy independence. With a battery system in place, you can store excess solar energy generated during the day for use at night or during periods of cloudy weather. This allows you to reduce your reliance on the grid and use your own stored energy whenever you need it. 2. Grid Backup Another key benefit of installing a battery system is that it can serve as a backup source of power in case of grid outages. This can be especially important in areas prone to natural disasters or power outages. With a battery system, you won't have to worry about losing power during an emergency, as you'll have a reliable source of energy right at home. 3. Reduced Demand Charges By storing and using excess solar energy, you can reduce your reliance on peak-hour energy from the grid, potentially lowering your demand charges. This can help you save money on your monthly [...]

Benefits of installing batteries to your existing home solar system2023-03-28T09:10:34+11:00

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