The electricity produced by solar can be used in any of the following three ways:
-
Used by household appliances and heating water - this is called self-consumption. The more solar electricity you consume, the better your return
-
Sent to a battery bank or used to charge an Electric Vehicle (EV)
-
Sent or exported to the grid, where the solar electricity is purchased for a low price by some retailers. Exporting electricity should be kept to a minimum for the best financial outcome
-
ANY OR ALL OF THESE CAN BE APPLIED DEPENDING ON YOUR NEEDS