More Good News About Solar Power, Part Infinity
And now for the good news: US business leaders blow off solar #Tariffs, grab more #solarpower
http://www.triplepundit.com/story/2019/us-businesses-keep-pushing-solar-power-envelope/84356/
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More Good News About Solar Power, Part Infinity
And now for the good news: US business leaders blow off solar #Tariffs, grab more #solarpower
http://www.triplepundit.com/story/2019/us-businesses-keep-pushing-solar-power-envelope/84356/
The benefit of WA’s new 3 cent feed in tariff
Recently, Western Australia has launched a new scheme for solar buyback in which the solar owners will get a certain amount of rewards for exporting excess solar power in the day.
So, from 6th November 2020 onwards, a new time slot has been set by the Distributed Energy Buyback Scheme for the payments received by the owners for exporting electricity from their solar systems. The time slot is between 3 pm and 9 pm for 10c/kWh and 3c/kWh for the rest of the time.
This scheme has been launched to discourage the solar owners from exporting solar power during day hours and instead of doing that, they will get paid for the solar export if they export the excess electricity between 3 pm and 9 pm. During these hours the demand for solar power increases and the solar output get drops off gradually because there will be less sunlight.
Apart from that, WA quoted that the DEBS prices are a better reflection if we look at the wholesale cost of energy. So basically the point is, solar owners will get paid more if they export solar power between 3 pm and 9 pm as the wholesale energy prices will be at the peak. Whereas they will be get paid less when they export solar power during other times as the wholesale energy price will be less.
If you have already installed a solar system before November 6, 2020, then this new scheme will not be valid for you. But you can opt into DEBS if you wish to, otherwise, you will be stick to your current feed-in tariff only until and unless you upgrade your solar system or add a new battery along with it.
What if I’m considering getting solar?
If you are thinking about switching to solar power, then no doubt you are making a good decision as solar is still a great investment and provides better savings as well. We all know Western Australia is one of the sunniest states, so this means your system could pay itself in the coming few years. This ensures that it will definitely deliver better savings for many years.
You should do certain things to take advantage of these new DEBS rates:
Always try to get west-facing solar panels set up or you can also install the solar panels in the combination of the west and north-facing direction. This will generate electricity for further use in the evening when most people require electricity, and you will enjoy the benefits of the peak 10c feed-in tariff.
Use as much solar energy generated during the daytime as possible in your home rather than exporting energy at other times for 3c. Remember one thing big savings will come from not paying for electricity rather than earning from the export of solar power. So if you are on the DEBS scheme or not, try to maximize usage of solar power during daytime time rather than nighttime.
You can make a better decision by adding a battery to your system. After getting a battery you will be able to transfer the excess solar power to the battery and store it for further use rather than buying electricity for the evening. Thus, when the sun goes down, the battery will provide electricity to run your home on free solar power. Thanks to DEBS, the customer getting a solar panel along with a battery will save more than the customer doing just a few months ago before the DEBS scheme launched.
Our solar and battery system can pay for itself in the coming years
We design solar packages specifically for households taking into consideration of our customers. Our solar and battery packages have world-leading solar panel brands along with the world’s best battery solution services. Most importantly our packages are cost-effective and we also provide several financing options for you to make it easier for you to switch to solar. So now if you think about going solar, just contact us and we will be there at your service and provide better solar plans for you.
Renewable Energy on the March
Renewable Energy on the March
The news so far this year has been dismal: mass shootings, Russian meddling in our elections, rabid political partisanship on Capitol Hill, scandals erupting in the White House, and an opioid epidemic out of control. And that’s just the tip of the iceberg.
There’s a bit of light, however, glimmering on the renewable energy front. When President Trump first took office, it looked like renewable…
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My take on the Solar Tariff.
It will do more short-term harm than long-term good. “Manufacturing jobs” will just go to the robots. It will slow down our transition to solar....obviously. Check out what I have to say, share it and subscribe. Let’s discuss on Twitter @thescalex.
More analysis of the Trump solar tariff decision on the U.S. solar market. Certain companies like SunPower are going to be hit hard by this, which is a very bad thing for the overall health of the industry. Overall, it will increase system cost in the range of 10-12¢/W for utility systems and anywhere from 15-30¢/W for residential systems. The industry may be able to absorb this in the long run, but with profits in solar already razor thin, this will hurt the competitiveness of solar energy.
One month after new tariffs were imposed on solar panels, several new trends have emerged including a price increase in solar panels to consumers.