Q&A

How does a Solar Panel, Inverter & Battery system work?
What are the Financial Benefits?

How does a Solar Panel, Inverter & Battery system work?

A typical First Generation solar energy system includes:

  • solar panels,
  • an inverter,
  • equipment to mount the panels on the roof,
  • and a performance monitoring system that tracks electricity production.

The solar panels collect energy from the sun and turn it into electricity, which is passed through the inverter and converted into a form that people can use to power their home.

The Latest Technology systems include Hybrid Inverters and Batteries which work by converting the DC energy being produced by solar panels and storing it in the Battery System for later use. The higher the battery’s capacity, the more solar energy it can store.

When you install a Hybrid Inverter and Battery as part of your solar panel system:

  • You can store excess solar electricity at your home instead of sending it back to the grid.
  • When your solar panels are producing more electricity than you need, the excess energy goes towards charging the battery.
  • Later, when your solar panels aren’t producing electricity, you can draw down the energy you stored earlier in your battery for evening/night use.
  • You’ll only send electricity back to the grid when your battery is fully charged, and you’ll only draw electricity from the grid when your battery is depleted.

Redx’s Solar Panel, Hybrid Inverter and Battery System

Redx hybrid inverters are purpose built for solar and batteries, providing significant advantages.

  • Redx hybrid inverters are technically DC and AC coupled solutions, so you get the benefits of each.
  • Firstly, you can store power in the battery before it is converted to AC, saving on unnecessary future conversions.
  • As is it also AC coupled, you can still incorporate features like battery backup and storing power during cheaper times.
  • All the monitoring is also done from one unit, so you don’t have to worry about separate monitoring packages for both your storage and solar systems.


 

What are the Financial Benefits?

What are the Financial Benefits of adding a Redx Hybrid Inverter and Battery to your Solar Panels?

The following is the financial information on the Solar & Battery system installed at Redx`s Laboratory/Warehouse on the Gold Coast.

The Solar Panels, Inverter and Battery are shown in the photos below:

Hardware installed 

System size 5 kW
Panels (Renesola) 4860W (18*270W Panels)
Inverter Redx 5000ES 5kW Inverter
Battery Redx 5 kWh Battery

Cost Breakdown

Solar Panels $2,340
Redx Hybrid Inverter $2,115
Redx 5kWh Battery $2,909
Installation costs $4,353
Total $11,717
Less Govt rebate $3,293
Actual cost $8,424

The total saving on the electricity bill for one year was $1,400 giving us a payback period of approximately 6 years!!!