Photovoltaic inverter electricity bill collection

Solar can reduce your electricity bill through: You can save the most money by self-consuming, or using, the electricity generated by your solar system. You can think of a solar panel as being a bit like a tap with water flowing out of it. The power output (measured in watts or kilowatts) is how fast electricity flows out of the panel.

reduce curtailment (likely to be only a small saving). A battery can store energy generated by your solar system for later use, when the solar system is not generating electricity. This increases solar self-consumption and reduces the amount of electricity you need to buy from your electricity retailer.

used to charge a battery if the system includes one. Solar can reduce your electricity bill through: You can save the most money by self-consuming, or using, the electricity generated by your solar system. You can think of a solar panel as being a bit like a tap with water flowing out of it.

Solis is one of the world's largest and most experienced manufacturers of solar inverters supplying products globally for multinational utility companies, commercial & industrial rooftop projects, and residential solar systems.

The payback period is the amount of time it will take for your electricity savings to match the cost of the system. For a rooftop solar system, this is typically much less than the lifetime of the system. The actual payback period depends on many factors, including weather, maintenance costs and future electricity prices.

With a battery, this excess generation can charge the battery and be used at another time, instead of being curtailed. This can reduce your electricity bill. However, for most solar systems, the amount of electricity curtailed is small, so the savings from reducing curtailment are modest.