Making the right choice: Do I include solar with my backup solution?

When considering a backup power solution, it's crucial to evaluate whether adding solar panels to your setup is the right choice for you. In this article, we will go in-depth and explore the benefits and considerations of incorporating solar solutions or backup inverters into your backup system.

Taking advantage of the sun: Solar solutions

Solar solutions harness the power of the sun through solar panels installed on rooftops or open spaces. These panels convert sunlight into electricity, providing a renewable energy source for your home. Solar solutions consist of solar panels, an inverter (which converts the electricity for use), a battery for storing generated power for later use, and the electrical appliances that consume the generated electricity.

The pros of solar

1. Long-term cost savings: While the initial installation cost may be higher, solar solutions can lead to long-term savings on your electricity bills.
2. Reduced reliance on the grid: With solar panels, you can generate your electricity, reducing dependency on the municipal grid and potential power disruptions.
3. Renewable energy: Solar solutions use clean and renewable energy, reducing reliance on fossil fuels - minimising your carbon footprint.

The cons of solar

1. Upfront investment: Installing solar panels requires an additional initial investment, but financing options, like Discovery Bank's partnership with Rubicon, can make it more affordable.
2. Space and sunlight availability: Solar solutions depend on your roof and available sunlight, so factors like roof space, location, shading, and weather conditions can affect their effectiveness.

Your backup plan: Backup inverters

Backup inverters provide an alternative power source during grid outages. They are connected to a battery storage system that stores excess energy generated by solar panels or received from the grid. When the main power supply is interrupted or when you have a surplus of stored energy available, backup inverters can supply stored energy to power essential appliances in your home.

The pros of backup inverters and batteries

1. Power during outages: Backup inverters offer a reliable power source during grid failures, ensuring uninterrupted electricity supply for essential appliances.
2. Flexibility: Backup inverters can be integrated with solar panels, allowing you to store excess energy and use it during outages.
3. Choose your power source: If your main objective is to have backup power, a backup inverter system without solar panels may cost less .

The cons of backup inverters

1. Limited power capacity: Batteries supporting backup inverters are designed to power essential appliances during outages and may not be sufficient to supply power to your entire home during extended periods of grid unavailability. Without solar panels, you're limited to only the power stored in your batteries when the grid is unavailable.
2. Battery maintenance: Proper maintenance of the battery system is essential to ensure its longevity and optimal performance.

Why adding solar to a backup system is a great idea

Adding solar to a backup system is a fantastic idea for a number of reasons:

1. When faced with loadshedding, you have the option to choose either a battery backup or a solar solution.
2. While battery backup systems have a lower initial cost, they don't offer any financial returns and are more suitable for those with budget constraints or in environments where solar installation is not feasible, like an apartment . On the other hand, solar solutions may add a certain percentage to your upfront expenses , but they reduce your energy bill over time.
3. Moreover, solar panels continue to provide power during prolonged outages, as long as the sun is shining.

By opting for solar, you embrace sustainable and eco-friendly green power, contributing to a more environmentally conscious future.

No matter your choice, Discovery Bank will power you

Discovery Bank's partnership with Rubicon provides discounted rates and flexible funding options, making solar solutions and backup inverters more accessible to clients. With our solar budget finance facility, clients can secure attractive financing rates, and get access to leading solar solutions or backup inverters, with expert help and advice.

Whether you decide to use solar power or backup inverters to keep your electricity running smoothly, it's important to choose the option that suits your needs and helps create a more environmentally friendly South Africa. Consider the advantages, costs, and practicality of each choice, and don't hesitate to rely on Discovery Bank's assistance and knowledge to confidently start your transition towards greener energy.

Ready to get started?

Power your home your way with Discovery Bank Energy Solutions in partnership with Rubicon. Use this simple calculator to find the best system for you and view your potential energy savings and return on investment. Our energy advisers will guide you every step of the way - and our competitive financing options will make your solar dreams a reality.

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This article is meant only as information and should not be taken as financial advice. For tailored advice, please contact your financial adviser.