On-grid solar PV kits help transform your business or house into an energy-producing machine. They are fully certified and come with everything you need to go green. In addition, these kits are completely expandable. As a result, solar PV kits can allow you to take advantage of maximum cost savings and ROI in the long run. Take a look at the post and know why investing in one is significant for your home or business.
Solar grid-tied PV kits are solar-powered systems connected to the utility power grid. They allow you to save more money by using solar panels through net metering and ensuring lower equipment and installation costs and a better efficiency rate. Here are a few reasons behind using a solar grid-tied PV system:
Your solar panel will generate more amount of electricity than your consumption. The on-grid solar PV kits come with net metering that can put the excess electricity into the utility grid rather than storing it with batteries.
Most utility companies are committed to buying electricity from homeowners at the same price they sell to their consumers. However, you can use the payment received from the utility company to cancel out your electricity consumption charge by up to 100%. Therefore, net metering plays a significant role in receiving incentives for using solar power. With this feature, the solar systems will be more feasible from a financial point of view.
Easy installation process and lower upfront cost
Solar grid-tied systems don’t require a battery to operate, making them affordable and simple to install. These solar-powered systems require less maintenance than their counterparts.
Use the utility grid as a virtual battery.
An on-grid solar system provides accessibility to backup power from the utility grid. Hence, this feature becomes useful when the solar system stops generating electricity. You can help the utility company to mitigate its peak load simultaneously. Thus, the efficiency of the electric system as a whole increase.
A standard grid-tied system features the grid-tie inverter (GTI), microinverters, and power meter.
Grid-tie Inverter (GTI) –
The main aim of a solar inverter is to regulate the voltage and current provided by the solar panels. Direct current from the solar panels gets converted to alternating current (AC). Most electrical appliances utilize this current.
This inverter adjusts the output voltage slightly higher than the grid voltage to allow excess electricity to flow outside the grid system.
Microinverters are undoubtedly costly and yield higher rates of efficiency. However, they are handy if you have shading issues on your roofing system.
Power Meter –
For installing solar PV kits, most homeowners need to replace the existing power meter with the one compatible with net metering. A net meter is helpful for bi-directional power measurements. It helps in measuring power from the grid to your home and vice-versa.
You should contact your local utility company and discuss available net metering options. In some places, most utility companies issue a power meter free of cost and offer a total price for the electricity you generate.
Bottom line –
You can buy a 1 KW system and add it to this system at any time. you need to consider the amount of roof space. By installing a solar PV kit, you will be a small business as you are using your solar PV system to generate energy which you are selling back to the utility company. This allows you to write off your initial investment and helps in generating ROI much faster.
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