According to the International Energy Agencyâs World Energy Outlook 2020, solar power constitutes the âcheapest electricity in historyâ. Along with being affordable and eco-friendly, solar energy is also easily accessible, making it an attractive option for many homeowners. Before switching to one of the most efficient and environment-friendly power sources, one needs to familiarize themselves with the types of solar power systems available out there.
The two most common solar energy solutions are:
- Hybrid solar energy solution
- Grid-tied solar energy solution
Hybrid Solar Energy Systems
A hybrid solar energy system is similar to a grid-tied system in terms of solar energy production, but it has the added benefit of grid independence. It operates around the clock, regardless of grid availability. A hybrid solar energy system has energy backup that stores excess energy that can be consumed during nighttime. Because it is able to store energy in this manner, a hybrid solar energy system works seamlessly even in the event of a power outage or blackout. Moreover, efficient energy storage can help shave off the peak time usage which is often charged at a much higher rate than off-peak consumption. Any excess solar generation, which is not self-consumed or stored, can then be exported back to the grid. Hybrid solar energy systems can, thus, yield greater savings and a quicker return-on-investment.
In a nutshell, hybrid solar energy systems offer the following benefits:
In a nutshell, hybrid solar energy systems offer the following benefits:
- Storage of excess solar energy (electricity) for use at a later time. They prove to be resilient to power outages and ensure the availability of electricity.
- They remain unaffected by load shedding and/or grid unavailability.
- Energy stored in batteries can be used during high tariff hours and reduce grid consumption, leading to lower electricity bills.
- Net-metering allows selling surplus energy back to the grid and saving costs with zero and negative energy bills.
- Less dependent on net metering policies (always prone to change) than grid-tied systems
- Flexibility to add further storage/backup without replacing the inverter
â Hybrid solar energy solutions are more expensive upfront (due to hybrid inverter and batteries), but they remain more reliable and can recoup the initial investment often quicker than the grid-tied counterparts. â








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