If you can, you can invest wisely to boost your self-consumption. Here are some of the equipment worth investing in:
- Home battery storage system: This system stores any excess solar energy your panels generate during the day. Hence, you can use that clean energy at night or on cloudy days.
- Home energy management systems: These serve as the masterminds of your home’s energy ecosystem. They analyse your real-time energy use and solar production. In turn, they optimise appliance usage based on your solar power availability. You can even integrate them with smart appliances, pre-heating your water heater or charging your electric vehicle when solar production is at its peak.
- Electric Vehicles (EVs): With an EV, you no longer need to go to the petrol station because you’ll have clean transportation fuel. Not only will you be reducing your reliance on fossil fuels, but you’ll also save more as you move away from petrol. That’s a win-win for your wallet and the environment.
All of these require an upfront investment, yet their long-term benefits, in terms of increased self-consumption, reduced reliance on the grid, and potential cost savings, are significant. You can also explore government rebates and incentives that can make these investments more affordable.
There are many ways to save on energy bills, and these strategies are some of the most effective ways you can do. All these translate into a trifecta of benefits: lower energy bills, greater control over your energy costs, and the satisfaction of knowing you’re helping the environment by minimising your carbon footprint.