Virtual Power Plant – Performance 25/04/22 – 01/05/22

Iconic Solar has an example Solar and Battery system established to help people understand the benefits of solar and the financial perks of connecting a battery to your home. This is the weekly summary of a typical residential system.

The house is a single phase property. The electrical meterboard has 2 circuits for Lights, 3 circuits for Power, an circuit for the Oven, and an Air-Conditioning circuit. The property has a gas service.

In the event of a blackout, the system is able to stay powered (independent of the grid) and keep the house running. If a blackout occurs during the day, the system can use the power of solar PLUS the energy stored in the battery to provide power. Further, if the blackout occurs at night, the system will use the battery energy to power the home.
All circuits of the home are backed up, except the Air Conditioner.

The solar system is part of a Virtual Power Plant. A VPP is a private agreement between system owner and energy retailer. The system owner may be eligible for higher-than-average solar feed-in-tariffs. Moreover, the system owner can participate in ‘events’ where batteries discharge their energy to the grid to support a network outage, or sell the stored power at a high wholesale rate.

Generally, Virtual Power Plant owners receive monthly credits as their electricity “bills” instead of charges. As a result, 6.6kW solar and battery system usually provides enough credit to cover the Gas bill for the property and provides a small amount of credit. The additional credit is processed as genuine cash to a bank account using direct debit.

Here is the Summary for the week starting 25/04/22:

The Net Meter from the electricity retailer will be connected in May, and self-consumption has been enabled as of 25/04/22. The Daily Profit figures are extracts from the monitoring interface.

Despite inaccuracies, the investment into solar with batteries is shaping up to be a nice income stream.

VPP System Details

Solar Panels: 17x 390W JA Solar Panels (6.63kW of solar facing North-East 35°)
Inverter: 1x AlphaESS Smile-5 INV (5kW inverter)
Battery: 1x AlphaESS Smile-Batt-10.1 (10.1kWh battery storage)

Want to see if we can help you on your next solar or battery project? Get in touch with us by phone or look us up on Facebook.

Engineering is our first priority and we will build a solution that is right for you.