Payback period refers to: In how many years our solar system will return back its fixed and running costs we should pay for. Basically, before proceeding in purchasing/installing any kind of solar system and due to their high initial costs, we need to make economical feasibility study to know how to calculate the payback period and whether this solar system will be profitable project or not.
The electricity consumption in homes differs based on home size, number of resides, home wall insulation, heating/cooling system presence/ capacities, number/ type of electrical appliances, and of course the life style. So, large homes with pools, and air conditioning units will exhibit high consumption with high electricity bill more than small homes, and always the home owners are looking forward to reduce the consumption/bills which is critical in large homes. In fact, there will be 2 main opportunities to reduce electricity consumptions and save your money.
When sizing the solar photovoltaic system, we should mind some logic important factors that have substantial effects on solar system itself and our electrical appliances/equipment:
1. If we don’t use the electricity generated from the solar photovoltaic system during the daylight hours instantaneously, it will be exported back to the power grid if we have grid tie solar photovoltaic system type.
Solar inverter is an important electronic device which converts dc electricity generated from solar panels photovoltaic system or dc batteries system to ac electricity that can be used to operate our household appliances, commercial/ industrial buildings...etc. The solar inverter mainly consists of step-up transformer, voltage regulator, mosfet driver and some other small electronics components.
Solar photovoltaic system converts sun lights to electricity, but solar hot water system and also called solar thermal system converts direct heat gained from the sun to hot water. So, they are 2 different amazing technologies to make use of the unlimited sun energy.
In solar photovoltaic system, when the sun lights hit the solar panels surface, an electric direct current is generated and flow over the electrical wires/cables, then it is going to an Inverter which does convert this DC Voltage To AC voltage which is usable for all of our electrical appliances/equipment. So, it’s not complicated system, its simple and profitable project on all scales.
In the market you will find many numbers of companies that provide solar components, and for each solar professional, you can take advice from, his certain recommended products, and each solar professional will provide very convincing reasons standing behind his choice. So which opinion you can trust, and which product is really the best?
Before implementing any type of solar systems projects, whether it is On Grid or Off Grid solar system, we need to calculate the return on investment of such project, and to be more specific, we need to calculate how much money we will harvest? In other word, how long does it take for the solar system project to pay for itself (payback period)? And what is the extra money we can get after the solar system project returned the expenditures we paid for it.
There are 8 tips to consider when selecting the proper off grid solar inverter, let us see as following.
1. The off grid solar inverter output voltage and frequency. This will base on your load requirements and usually its same as your country standard supply voltage/frequency.
2. Installing off grid solar inverter or hybrid inverter. Most of off grid solar inverters and hybrid solar inverters have AC backup supply connection, so the inverter bypass to use it for feeding your loads in case of sun absence and batteries discharged. Moreover, you can use this AC backup supply to charge the batteries through internal solar inverter batteries charger.
In order to install photovoltaic solar system in your building, you need to choose in between 2 main solar system types: On Grid and Off Grid. Which one will be the most technically suitable and cost effective as well? As an one-top online shop, inverter.com provides full range of solar inverter products to customers worldwide. On grid inverters, off grid inverters, micro inverters could be found in our shop.
Grid tie system is a solar system incorporates solar panels, grid tie solar inverter and other components to convert sun light into usable AC electricity while your house/premises remain hooked up to the electric utility, consequently your house still be fed with electricity even after the sun light disappears at the night (from the electric utility), and at the day time, the solar system will take the responsibility!
If the solar system is confirmed to be expanded in the future, micro inverters are a good choice. It is easy to continue adding a new unit to the micro inverters. The cost of adding another complete unit to a standard inverter is higher. When the panel faces multiple directions or there is a shading problem, choosing a micro inverter is definitely a value-added product.
The more the sun shines, the more DC electricity the solar panels can produce, and the more AC energy we can get. When the AC power is larger than our loads requirements, the excess electricity will send back to the electric power grid allowing other neighbors customers to use this clean solar energy. But if the AC power generated from the solar grid tie system is less than our loads requirements, then our loads will pull extra power required to run properly from the electric power grid. The 2 cases will be done automatically via the brain of the solar system which is the inverter, without any other interventions.
In string solar inverter, there will be a number of solar panels connected to each other in series, usually a number 6-10 solar panel, and generating what we called string. This string positive and negative terminals “DC” will be connected to the string inverter input side. As the panels will be connected in series, the overall string DC voltage will be high (typically 200-850V) and the circulating current will be low (equal to one solar panel rated current).
Solar inverter is the brain of the solar system, although its basic role is to convert DC electricity comes from solar panels to usable AC electricity, now it takes the responsibility to monitor and control the whole solar system and provides important technical info required for solar system operation and maintenance crews to fix system errors, in addition to that it takes responsibility to manage batteries system incase of its presence in the solar system.
Solar inverter is the heart of the solar plant, it represents the main equipment that converts DC output from solar panels to AC electricity required to run all our appliances/machines/equipment. In addition, it takes the responsibility of monitoring and controlling the PV array system.
Usually at the beginning of the day, solar inverter AC output power is low, then it increases gradually with the increasing of the sun light reaching its max at noon time (2-3pm), then it reduces gradually and reaches its lowest value at the end of the day with the sun light absence. So, it’s like a bell curve.
The solar inverter in the practical application of optimization applications, you first need to make sure that people buy an inverter is relatively high quality. Only good quality products in order to be respected by the market and is recognized by consumers. We will introduce about how manufacturers realize quality control of the solar inverter.
For large solar array you can use multiple string inverters and connect all together with one AC output for your loads. By using grid tie string inverters such way, you can make use of different tilt and azimuth angles that can be applied even for each sting, so getting maximum yield. In addition, increasing the solar array reliability as for example the shadow in one string panel will not affect the efficiency of other strings.
Smart solar inverter
It’s the link to the smart grid. The solar inverter should have high advanced communication capability with smart grid in addition to analytic, computing and memory capabilities to provide all information and control features to the smart grid energy management system.
Off grid solar system is more complex in installation than on grid solar system, as it requires more components like charge controller and batteries, so it needs higher technical skills and costs more. Although of this, off grid solar system market grows and most of suppliers / manufacturers try to save the cost and complexity by searching and implements new techniques and services that you should pay attention for as following.