We know what you’re thinking. We can hear you from here.
That’s right, it’s happening again. The regulators at IPART have signalled that there will soon be another cut to NSW’s recommended solar feed-in tariffs. We’ll know for sure by June, but this is a strong indication that tariffs are about to go down. And that means less money for solar households when they send power back to the grid.
If you’ve been paying attention, this shouldn’t surprise you. But it’s okay if it frustrates you. Every time they cut the tariff, that’s less money for you and more money for the big power companies. It’s not complicated, and it’s not fair. But there is something you can do about it.
If you’re tired of watching your solar savings tick down every time they slash the tariff, we’ve got good news for you! There’s a way to shield yourself from changes in the market. If you install a solar battery, you can power your home while cutting your grid energy use to almost nothing.
Without relying on grid energy, you don’t have to worry about feed-in tariffs. Because instead of sending your excess power back to the grid, you’ll be storing it to use at night. That’s a huge step towards becoming energy self-sufficient. You get to be in charge of your own power. And that means freedom from the unchecked greed of the power companies!
Want to take control of your home energy and protect yourself from tariff drops? Book a free consultation to talk about the freedom a battery can offer you!
Protect Yourself from Drops with a Solar Battery
If you want to protect yourself from drops in the feed-in tariff, there’s one way that rises above the rest. You need a solar battery.
Why? Well, let’s break it down!
Without a solar battery, most of your savings come during the middle of the day. These are the sunny hours when your panels are producing enough electricity to power your home. Actually, they’re producing more than enough! And that excess is what gets sent back to the grid. That’s where your feed-in credit comes from.
But the rest of the time, you’re still paying for grid power. You just have to hope that those few hours of sunshine and the feed-in credits are enough to cancel out your bill. So it really doesn’t help that the feed-in credits are dropping again!
Now, let’s envision the same day, but with a solar battery. As the sun shines, your panels generate electricity to power your home. But this time, your excess power doesn’t go back to the grid. Instead, it’s stored on your battery. And this gives you enough power to keep you going for the rest of the day and night. All the power you need… coming straight from the sun.
When you have a battery, you only use grid energy as a last resort. So rather than fretting over the latest drop in feed-in credits, you can kick your feet up in your air-conditioned home and say, “Who cares!”
You already have all the power you need.
Installing a solar battery simply means you have less to worry about. Forget about the delicate balance of energy cost vs. feed-in credits. And don’t even think about skimping on the air-con on a hot summer’s day
Instead, you produce and store almost all the power you need every day. You’ll only ever use grid energy after your battery has depleted. And if you have the right system, that should be a very rare occurrence.
There are a lot of upsides to becoming energy self-sufficient. You avoid overloading the grid and reduce the frequency of blackouts. That helps your community. You decrease your carbon footprint. That helps the Earth. But most importantly – you help yourself!
When you create your own power, you’re in control! You no longer have to pay a price someone else sets. You’re using your own energy, so you’re protected from the whims of the energy market once and for all! That means no more stress about bill shock, rate hikes, or slashed feed-in tariffs.
You run your home on the power you produce. And you cut out all the greedy middlemen.
Why is the Solar Feed-In Tariff Dropping
The solar feed-in tariff is designed to reflect the average value of wholesale electricity, adjusted to account for network loss, fees and charges, and other factors. The problem is that the widespread adoption of solar has actually lowered the price of power for everyone. The boom in residential solar has created so much power in the daytime, it’s almost too much for the grid to handle. This can result in all kinds of drastic measures, from the government shutting off your solar panels to the kinds of tariff drops we’re discussing here.
But all you need to know is this: as that price drops, so does your feed-in credit. The end result is less money for you, and more money for big power companies.
What a surprise.
Let’s get real. You can’t rely on the big power companies to reward you for going solar. They’re losing money, and they need to make it back somehow. If you want to make sure you get the full benefit of your solar setup, you need to make sure you’re in charge. And the way to do that is to produce and store all the power you can use. Long story short: you need a solar battery.
It’s time to stop settling for what the regulators and power companies want to pay you. When you make the power, you call the shots.
Are you ready to take power into your own hands and stop living at the mercy of the regulators? Click here to book a chat with one of our experts!