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Part 2: Optimizing Your Photovoltaic System

Make More Money with Your Photovoltaic System: Start with IAMMETER

Optimize Your Photovoltaic System

Welcome to the "IAMMETER Helps You Earn More Money" series - Part 2: Optimizing Your Photovoltaic System.(If you'd like to read Part 1 first, please click here Part 1:Insight into Your Photovoltaic System)

Why Optimize Your Photovoltaic System?

The primary reason is that feed-in tariffs are significantly lower than electricity consumption rates.

If you're an early adopter of solar energy with feed-in tariffs equal to or higher than electricity consumption rates, you don't need to consider optimizing your system. Your goal is to ensure maximum revenue by feeding all generated electricity back into the grid.

However, if, like most users today, your feed-in tariffs are much lower than your electricity rates, you need to carefully consider how to make the most of your photovoltaic system.

How to Optimize Your Photovoltaic System

The key is to maximize self-consumption of the electricity generated by your system. Since revenue from feeding electricity into the grid is low, we aim to minimize grid feeding and maximize direct consumption of solar power.

This involves increasing the self-consumption rate of your photovoltaic system through two main strategies:

  1. Local Consumption: Consume as much of the solar power locally as possible. This involves controlling loads based on solar power generation.

  2. Battery Storage: Store surplus solar power in batteries for later use during peak electricity pricing periods.

Before optimizing your photovoltaic system, it's essential to have a basic understanding of its key parameters. Learn more about Understanding Key Parameters of Photovoltaic Systems.

Controlling Loads Based on Solar Power Generation

Control the power of the heater according to the grid power

IAMMETER offers three load control solutions:

  1. SCR Module Control: Linearly control resistive loads (e.g., boiler heaters) using SCR modules based on grid power data.

  2. EV Charger Control via OCPP: Control EV charging based on solar surplus and grid power data.

  3. Socket Switch Control: Control socket switches based on grid power data.

Introducing Battery Storage Systems

Evaluate the potential benefits of introducing battery storage systems using IAMMETER-cloud tools.

Report: Predicting Benefits of Battery Storage Based on Actual Usage

Comparison of the benefits between capacity of 5kWh and 3kWh, maximum self-consumption mode, and TOU mode

Report result: If you use a 5kW battery, it will save an extra 180 AUD in 2023

Reference

How to Choose IAMMETER`s Products

Part 1:Insight into Your Photovoltaic System

Monitor your solar PV system with a smart WiFi Energy monitor

Monitor the solar PV in IAMMETER-1

What capabilities does IAMMETER offer?

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