I have a modest set of solar panels on an entirely ordinary house in suburban London. On average they generate about 3,800kWh per year. We also use about 3,800kWh of electricity each year. Obviously, we can't use all the power produced over summer and we need to buy power in winter. So here's my question: How big a battery would we need in order to be completely self-sufficient? Background …
I disagree, but in not in your situation so I can be wrong.
Unless you are producing way, way more electricity than you can use I think net metering is a great arrangement for the customer. (Not so much for the utility company)
The electricity is usually bought by the utility company at a much lower cost than what the customer is paying. Because the generation cost is only a percentage of the cost, there is taxes, maintenance of the grid …
For example in France we pay 0.1952€/kWh, but the utility is buying the solar electricity produced by household at 0.04€/kWh.
Meanwhile with net metering your electricity is virtually bought at the same price as what you are buying your electricity for.
I disagree, but in not in your situation so I can be wrong.
Unless you are producing way, way more electricity than you can use I think net metering is a great arrangement for the customer. (Not so much for the utility company)
The electricity is usually bought by the utility company at a much lower cost than what the customer is paying. Because the generation cost is only a percentage of the cost, there is taxes, maintenance of the grid …
For example in France we pay 0.1952€/kWh, but the utility is buying the solar electricity produced by household at 0.04€/kWh.
Meanwhile with net metering your electricity is virtually bought at the same price as what you are buying your electricity for.
Ah, I didn’t realize the payout was so low. If it was half the purchase price, it could be better than net metering.