It means it remains connected to the grid and has a battery backup to store excessive power. The main advantage is that power will be there even if the grid fails. With battery backup, the extra energy your panels generate will get stored for future use in batteries. Sometimes, during blackouts or even if the sun is not shining, the energy stored in the battery is enough for your space.
Advantage of Storing Energy in Battery:
It can be used at night when there is no sun because the battery has a higher capacity compared to solar panels, so it will provide more power over time. This can be useful in grid-connected applications where you need a backup power system for almost 24 hours.
- The most significant benefit is it will reduce your electricity bills. By installing a solar power system, you will be able to use electricity from both sources – grid and solar.
- Without any interruption and to offer continuous power, the energy is stored in batteries connected to a hybrid solar system. As in, batteries are used as an inverter to provide backup power during power or blackout.
- It is more efficient and operates effectively compared to conventional generators, but a hybrid solar system operates effectively without wasting extra fuel.
Cost of Hybrid system:
In 2023, most properties can be powered with a 6kw system, and an average cost is $12,390 after deducting FIT credits. The cost varies from the home state, contract cost, and amount of power the home uses.
For a hybrid solar system, the battery backup power drives it. An average battery costs up to $8000 or more and needs to be replaced every 10 years.
Hybrid solar panels represent an excellent choice for individuals seeking to lower their energy costs and decrease their environmental impact. While this technology is relatively new, it is expected to play a significant role in our future.