The extent of that heavily depends on where you are. Where I live in NZ, the grid export rates are very low while the import rates are very high.
Our peak import rate is 3x higher than our solar export rate. In other words, we’d need to sell 3 kWh hours of energy to offset the cost of using 1 kWh at peak.
We’re currently in the process of accepting a quote for home batteries. The rates here highly incentivise maximising self-use.
Selling it back to the grid is something that is still possible but much, much less of a financially sound proposition than it was a few years ago because of regulatory capture by the utilities. In some places it is so bad that you get penalized for excess power. Local consumption is the fastest way to capitalize on this, more so if you can make money with that excess power.
The extent of that heavily depends on where you are. Where I live in NZ, the grid export rates are very low while the import rates are very high.
Our peak import rate is 3x higher than our solar export rate. In other words, we’d need to sell 3 kWh hours of energy to offset the cost of using 1 kWh at peak.
We’re currently in the process of accepting a quote for home batteries. The rates here highly incentivise maximising self-use.
Selling it back to the grid is something that is still possible but much, much less of a financially sound proposition than it was a few years ago because of regulatory capture by the utilities. In some places it is so bad that you get penalized for excess power. Local consumption is the fastest way to capitalize on this, more so if you can make money with that excess power.
Luxembourg: Purchase price = 2 x sales price, mostly due to grid costs.
And this is with no income tax or VAT on sold electricity.