Reducing the amount of electricity bill is something that almost every family thinks about quite often. While it is common to think that the month when there are more outages, the bill should come lower as less electricity was consumed, this inference might not always be true. Inverter power consumption can also be a factor in how to reduce the electricity bill.
This might make you think how does an inverter increase the electricity bill if it powers up appliances when the main power is gone? Well, the best inverter for home stores the electricity provided by the main grid in DC form and then converts it into usable AC when the power is cut off. Hence it consumes a fair bit of electricity and an inefficient inverter can end up increasing your electricity bill. So how do you reduce the current bill?
What Makes an Inverter Inefficient?
No inverter can achieve 100% efficiency. While inefficient materials, system design, outside temperature and other things factor as well, it is the conversion losses that make the inverter lose its efficiency. Converting AC to DC and then to AC again leads to a lot of power being lost thus reducing the efficiency of the inverter.
So the Key Here is – Minimizing Conversion Losses and Reduce Electricity Bill
Now that you have understood that there is the power consumed in providing a power backup, we look at how to minimize conversion losses. A reduction in losses will have a positive impact on your monthly electricity bill. Let us understand the conversion processes briefly so that minimizing losses is understood. This will help you to appreciate our claim that Genus inverters minimize your electricity bill.
- The batteries can store electricity only in the form of direct current (DC) while the grid power is in the form of alternating current (AC). Your inverter first converts the AC to DC to charge the batteries and store energy (or power, or electricity).
- When mains fail, the inverter immediately converts this stored DC back to AC since your appliances can only run on AC.
Why Genus products are Superior to Reduce Electricity Bill?
AC to DC:
The conversion loss here is reduced by using superior copper transformers compared to cheaper aluminum. You would know that copper is a better conductor of electricity; though it costs more, our Proton range uses this to repay you in lower electricity consumption.
DC to AC:
There can be a wide variation in efficiency here ranging from 40% to 95%. We call this the Power Factor. Put simply; it is the proportion of the overall voltage delivered in phase (in harmony) with the incoming power line. The more the harmony, the better your appliances run, the more the efficiency and the lower the bills (immediate, as well as long-term life of appliances). Let us understand this some more
Square Wave:
This is the cheapest and yielding an efficiency of around 40%. This is suitable for very basic requirements of lighting and heating, though the hum of the appliances when running. Have you noticed your neighbor’s fan humming since it runs on an old-fashioned inverter? You can go for this only if there is no laptop or mobile phone to be charged during an outage. Today, even tube lights come with a ballast—this inverter type is not recommended.
Modified Sine Wave:
Our Thunder range is priced as the square wave but gives 90% efficiency
Yes, that is the wonder of our technology. With the Thunder, you can charge your laptop, mobile and run your appliances. The other piece of good news is that it is compatible with different battery types like lead-acid and the tubular batteries.
Pure Sine Wave:
hi-tech for sophisticated appliances, requiring 93-97% efficiency
Go for our Proton Q or the latest Proton K. Pure sine wave inverters means there would be no issues with your, RO water purifier, laser printer or computer screen, small water motors, room coolers, etc. This range charges even at low incoming voltage.
How Much Can You Save With Solar Solutions
Solar electricity, as it currently stands, is rarely used on its own. Most homeowners have a hybrid system installed in place, in which, part of power is drawn from the transmission lines and part from the panels.
So, you’ll still get a bill at the end of the month. But the real question is, how much?
Well, let’s illustrate it with an example.
Say, you have a 5kW rooftop solar system. Also, let’s assume that a 1kW system produces approximately 4 units over average power in a day. So, mathematically, a 5kW system will be capable of producing 20 units/day or approximately 600 units per month. That’s 600kWh that you receive from pure sunlight.
As per the current tariff, a unit of electricity sets you back around Rs. 5.50. So, practically, 600 units of energy from solar solutions will save you Rs. 3,000.
So, for instance, if your monthly electricity bill is Rs. 3,300, you’ll only have to pay Rs. 300. If it’s Rs. 7,000, you’d only pay Rs. 4,000. And this is just for a 5kW system. If you buy a system with greater capacity, you can save even more.
But here’s something even better – net metering. In a hybrid connection, you also have the option of earning money through solar power generation. Continuing the previous example, if your bill for the month is Rs. 2,000, you can send the extra Rs. 1000 worth of energy to the power grid, and get that money in return from the distribution licensee (DISCOM).
It allows you to get compensated for any surplus energy you generate. So, not only are you saving money, but also earning it.
Go solar the right way with Genus’s best-in-class Genus solar inverter and unlock a new tier of electricity savings.
How Long Before Your Break Even with Solar Solutions
As you may have surmised, solar solutions open up many avenues for saving money. But there’s always a catch. And in this case, it’s the initial installation costs. Yes, you need to shell out a considerable amount to get a solar electricity setup installed and running.
For a 5kW system, with an average amount of savings, you can expect to break even in 4-5 years. However, nowadays, the government has introduced many subsidies for those looking to go solar, enabling you to purchase solar systems at a way cheaper price. So, taking these subsidies into account, you can recover the expense in just 2-3 years.
Other Benefits of Solar Solutions
Though solar products for home have benefits for both utilities and consumers, it also helps keep the environment a bit cleaner and greener. The majority of energy generation in India happens via coal-based facilities. Not only is coal non-renewable energy, it’s processing for power generation also releases harmful elements into the atmosphere.
In the case of solar energy, there are no fossil fuels involved (sunlight being the only resource used here), and there is no possibility of harmful emissions. This contributes positively to reducing the overall carbon footprint.
Now if you are still wondering how to reduce power consumption and how to save electricity at home in India, use inverters that provide efficiency when it comes to the power conversion and are more efficient in the long run. If you do decide to install one, Genus Innovation, with our premium-quality solar products, is here to help you out. Connect with us today to learn more about our solar products.
