Hybrid Solar Power System
Other advantages of hybrid solar power system:
Mitigating higher electricity rates
Reducing dependency on the electricity grid
Overcome the restrictions of limited exports by the electricity provider
- How much does a hybrid solar power system cost?
The cost of 6.6kW hybrid solar power system along with a mid-sized battery will cost at least 3 times higher as compared to a grid connected 6.6kW solar panel system with a conventional inverter. Again, the cost may increase depending on how many batteries you want. Also, usually the life cycle of a battery is around 5 years. Installation of hybrid system is usually complex and involves higher cost of installation as compared to a conventional installation. Hence, considering all these factors, it is highly unlikely that the battery backup system is expected to payback the price before its life cycle expires.
If price is secondary to you against the above listed benefits, a battery backup system is certainly a good option. However, with the advancement of technology and increasing demand of battery backup systems, the cost is expected to go down in future.
- What to look for in a hybrid system?
First of all, battery storage capacity is an important factor to look for. There are various sizes of batteries available in the market ranging from 3kW to 15kW. Selecting the most suitable size depends on your usage and budget. It is best to start off with a small-sized battery add more number of batteries depending on requirement.
Secondly, type of batteries also plays an important part. For example, lead-acid batteries are cheaper option as compared to lithium-ion batteries but they have a shorter life span and are of old technology. Lead-acid batteries are also heavier in weight and occupies more space.
Finally, life cycle and warranties are also critical factors whilst deciding on the type of battery you should go for.
To get more insight on whether to choose a conventional solar system or a hybrid solar power system for you home, call us on 1300 650 747. We will suggest a tailor-made solution that best suits your needs assuring an optimum payback on your solar investment.