Solar is Improving and Saving Homeowners Money
Although there has been a shift in solar policies, solar is not going
away. In fact, solar provides 30% of California’s electrical needs. Now
more than ever, solar combined with storage is a vital source of
reliable and affordable power. Rising electricity costs and improved
solar technology make solar power more appealing and cost-effective
than traditional energy sources.
The changes that resulted in battery storage coming to the forefront of
solar energy technology are because effective in 2023 California
leaders cut compensation rates up to 75% for solar users. Now, the
California Public Utilities Commission and utility companies are
encouraging use of solar panels and battery technology so that
system owners can better use the energy they are producing and not
adding their solar energy to the utility grid.
Solar and battery storage owners are now experiencing being more
independent by generating and storing their own energy. Several
factors are driving solar and battery storage systems into growth
mode. As more solar plus battery systems are being installed, the
usage of battery storage technology is improving, and the costs are
already decreasing. With changes in technology and mass adoption of
solar plus battery systems, the cost of going solar is coming down and
with energy prices going up, it is still affordable and wise to get solar.
Enhanced technology provides the ability to take control of energy
production and consumption.
New technology such as thin film to create solar panels combined with
a battery storage system are an upgrade to how to generate and use
electricity all-in-one location. Inverter technology has improved as
smart inverters facilitate more efficient energy storage. The ability to
integrate with energy storage systems to store excess energy
generated during peak production periods for later use when demand
is higher or the sun is not shining is proven better technology for
homeowners, business owners and the grid. Smart inverters are
allowing systems to be more effective by monitoring voltage based on
demand and adjusting the flow to match. These factors are adding up
to making new solar systems more competitive. Government
incentives such as tax credits have made solar-plus-storage systems
more affordable for residential and commercial users as well.
The prices of solar panels and batteries have steadily declined due to
technological advancements and increased competition. Solar panel
owners are now able to leverage their energy usage, allowing them to
optimize self-consumption and minimize reliance on the grid,
enhancing energy independence and reducing electricity costs.
Now that you know how solar plus battery storage works and how it
can help solar system owners save money, you probably are
wondering if you qualify for solar. It is easy to qualify. You need to be a
homeowner with a costly electric bill (150+), ample shade free roof
space on a south and/or west facing roof space to install the
system. We will need your annual kWh usage, so we know how to
design a system to meet your needs. Contact us for your FREE solar
evaluation.