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Is an On-grid Solar System worth it?

Oct 3

 

Many solar developers recommend that you install an on-grid system, and invest in a backup DG if necessary. In remote areas, where the grid is not available or unreliable the off-grid system may be an option.

On-grid solar projects are experiencing a boom due to the introduction of policies like net metering or open access. To make the best decision, consider the pros and cons. Not only will you benefit, but so will the environment and your community by connecting the grid to your renewable energy.

Grid-tied solar systems look similar to other systems

Photovoltaic (PV), solar power systems are able to generate power from sunlight.

Installed panels on-site: Solar panels must be placed at a spot with sufficient sun exposure, either on the roof or as a ground-mount system. They also require wiring to transport electricity from the home to the grid.

 

Grid-tied systems differ from other systems in how they are structured

They use grid tie inverters. Grid-tied solar systems need an inverter that can connect with the grid. These are called grid-tie Inverters. Grid-tie Inverters allow homes to import and export power from the utility.

There is no battery storage: These systems don't have any energy storage to store solar power. Grid-tied solar systems are therefore easier to install and more affordable.

Advantages of an on-grid system

 

  • It doesn't cost a lot to get a battery backup system. The utility itself is 100% efficient.

 

  • It is not necessary to change your lifestyle or conserve electricity.

 

You will be delighted to receive your credits from your local electric grid provider for any unused electricity that you have produced (on top already low electricity bills!)

How much does a grid-tied system of solar panels cost?

 

An average grid-tied solar system will cost between $13,320-14,800 after the federal solar tax credit. Most systems are between $2.75-$3.35, with a national average of $3.00 per W as of Q1-2022.

The cost of a solar system can vary depending on several factors. These include the size of your system, the state where you live, the brand of solar panels that you choose, and the pitch or shape of your roof.