How to get the most value out of your solar
Got solar panels? Here’s how you can get the most value out of your solar investment.
Use power at the right times
Using your appliances at the right times can make a big difference to your bill:
If you’re on the Solar Bonus Scheme – 44c
The best time to use power is at night and early morning, typically between 5pm-7am.
This is because when the sun is shining you want to sell as much solar as possible back to the grid at the 44c rate.
By using your appliances at night and early morning, you can buy back power from the grid at a cheaper rate e.g. 27.828c for Tariff 11.
If you’re on the solar feed-in tariff for regional Qld – 9.369c
It’s best to use power during the day between 8am to 5pm, and particularly when the sun is at its peak between 10am-2pm.
You should aim to use all the power your solar is generating. Try to avoid selling power to us at 9.369c during the day and buying it back at night at 27.828c on Tariff 11, because this means you’re out of pocket 18.459c per kWh. You should use the solar generated and this will save you 27.828c per kWh simply by not purchasing power at all!
The smaller the solar credit on your bill the better, because this means you’re using your solar and saving 27.828c for every kWh you don’t need to buy from the grid.
Maintain your system
It’s also important to maintain your solar system to ensure it’s performing at its peak:
- Trim any trees that are shading your panels – just remember to always check for overhead power lines first.
- Regularly check the status lights on your inverter and the display panel for any drastic changes in your solar output.
- Get your solar system serviced every 12 months by an accredited solar installer or licensed electrical contractor.
- If you’ve got a digital meter, use our free HomeSmart Savvy portal to receive alerts if your solar system hasn’t been exporting power.