We can tailor your system to maximize your rate of return so that your return on investment is realized in as short a term as possible.
Maximizing your return on investment with solar is not a straight forward solution. Many variables exist that will deviate the static figures to work with, including:
- Amount of electricity usage
- Is the most of the electricity used during peak or off-peak solar production?
- Are smart appliances available for running during the most cost effective times?
- Amount of solar production
- How much solar real-estate is available?
- How efficient are the panels?
- Does it utilize microinverters?
- Type of Brilliant POWER SYSTEM you choose
- Grid tied solar only.
- Grid tied solar with energy storage integrated.
- Independent solar only.
- Independent solar with energy storage integrated.
What is rate arbitration?
Rate arbitration is the ability to realize monetary gains from expenses no longer incurred by electrical grid dependency.
This is usually not discussed in detail when solar retailers are selling you a system. And if they do discuss it, it won't be specific to your needs and often times set you down a path that will not maximize your returns.
This is usually not discussed in detail when solar retailers are selling you a system. And if they do discuss it, it won't be specific to your needs and often times set you down a path that will not maximize your returns.
For example, lets say your monthly electric bill is $100 per month on average.
If you are able to reduce your demand for electricity by 40% every month due to having a grid tied solar only system in place, you would save $40 per month. However if this system is grid tied, you would need a two way meter to ensure you are not getting charged for any kW you are pushing to the grid. The electric company will typically charge you around $30 per month. So while you are not using 40% of the electricity you once were, you are only paying 10% less than you used to due to extra fees. Essentially the electric company is now charging you more for less and you are gaining only very little.
In this instance it would be better to be utilizing an independent solar only system in order to maximize your returns. You could run your most energy consuming appliances during peak solar energy production and minimize the amount of electricity you paid for from the grid, without having to pay $30 per month for a two way meter.
If you are able to reduce your demand for electricity by 40% every month due to having a grid tied solar only system in place, you would save $40 per month. However if this system is grid tied, you would need a two way meter to ensure you are not getting charged for any kW you are pushing to the grid. The electric company will typically charge you around $30 per month. So while you are not using 40% of the electricity you once were, you are only paying 10% less than you used to due to extra fees. Essentially the electric company is now charging you more for less and you are gaining only very little.
In this instance it would be better to be utilizing an independent solar only system in order to maximize your returns. You could run your most energy consuming appliances during peak solar energy production and minimize the amount of electricity you paid for from the grid, without having to pay $30 per month for a two way meter.
Another example is if you have an electric car you wish to charge at night during off-peak solar production hours.
You've gone solar and you have also stepped into the electric vehicle trend. You can't change your driving needs and do not have an option to charge your vehicle during peak solar production hours of the day. Either you charge at night off the grid, or look into energy storage. If you look into battery arrays to store energy produced during the days and charge your car at night, you would be facing a substantial cost with a limited life span. Typical units cost around $10,000 per 12kWh. It typically takes about 27kWh to get you 100 miles in today's electric cars.
In this instance it would be best to pair your solar production with a hydrogen storage unit so you could expand your storage at minimal cost. While the up front cost of a hydrogen storage unit would be similar to a couple battery banks, expanding the capacity of the system would be immensely cheaper than expanding the battery arrays, and the lifespan is almost indefinate.
You've gone solar and you have also stepped into the electric vehicle trend. You can't change your driving needs and do not have an option to charge your vehicle during peak solar production hours of the day. Either you charge at night off the grid, or look into energy storage. If you look into battery arrays to store energy produced during the days and charge your car at night, you would be facing a substantial cost with a limited life span. Typical units cost around $10,000 per 12kWh. It typically takes about 27kWh to get you 100 miles in today's electric cars.
In this instance it would be best to pair your solar production with a hydrogen storage unit so you could expand your storage at minimal cost. While the up front cost of a hydrogen storage unit would be similar to a couple battery banks, expanding the capacity of the system would be immensely cheaper than expanding the battery arrays, and the lifespan is almost indefinate.
Whatever your demands are as a consumer, our focus is for you to maximize returns on investment and realize money in your pocket. Let our team evaluate your needs and propose a solution that works within your budget to maximize your gains and alleviate your perpetual debt to the electric company.