A power blackout can occur at any time and can interfere with your productivity. Hence, today, power backup for homes and offices is as essential as an electricity connection. For home use, a balance must be struck between one’s budget and choosing a capable inverter. Many people shy away from solar inverters because solar inverter price is often higher than conventional inverters. However, this is a very myopic view. In the long run, solar inverters may even cost lesser than conventional inverters.
Monthly savings
A solar inverter harnesses the sun’s energy and converts it to usable electricity. This process requires no human interference and occurs seamlessly through the day. The electricity produced in this way can be used to run all your appliances. Thus, it is equivalent to electricity from the main power grid. If you harness adequate energy and connect your inverter to a good battery, you may not need the electricity form the main power grid at all. In other cases, you may still use electricity from the grid at night and during winters. In both cases, your use of main grid line electricity is greatly reduced. This will be evident from your monthly electricity bills. The savings from your monthly electricity consumption will in time cover the initial cost of the inverter and solar panels.
Net Metering
Solar inverters depend on sunlight to generate electricity. The sun does not stay constant and hence there are days when you generate more electricity than you require and others where you have an electricity deficit. Studies show that the sun is brightest during the afternoon. Thus, this is when your inverter will produce maximum electricity. However, a home’s consumption is usually highest in the evenings and at night. If you connect your inverter to the main power grid, you can transfer this excess electricity produced to the main power grid. This reverse transfer of electricity helps you build credit with the power grid. In times when you need electricity, you can borrow against this credit. Thus, your savings are increased and even during the winters when you are dependent on the main power grid, your electricity bills will be minimal.
Savings for Everyone
When you install a solar inverter you help not just yourself but the community as well. When it comes to solar inverter price, the savings are not just in terms of money. You are helping save the environment too. As the number of homes using solar inverters increases, the main power grid’s dependence on burning fossil fuels to generate electricity can reduce. Thus, you will be helping build a better world.
Solar power inverters have a long lifespan and require minimal maintenance. So, don’t shy away from making the right choice only because of the solar inverter price. Take a look at the larger picture and your savings over the years to come. Look at investing in a solar inverter as an investment in your and your children’s future.
