Chaps that are making mega bucks - can someone ELI5? My boss at work has a solar setup and I couldn't get him excited on the $$ from last years scheme, but it seems this year you are making bank on the export rate?
I'm no expert, and there is probably a cheaper/better way to do this than the way I'm doing. Buy here goes.
The terms I use are for a Solax Inverter, they are likely to be different for different inverters. Also, the amount and rate you discharge to the grid will depend on the size of the inverter.
I am currently on Octopus tracker, so I don't have a cheap time period to charge my battery.
On the day of the Saving Session, I stop my battery from discharging to the house. So any solar generated that days stays in the battery. If the saving session is from say 6pm, I set my inverter to force charge my battery from say 4 pm as I try to have 100% battery at the start of the session.
At the start of the session, I change the inverter settings from "Self Use" to "Manual - Force Discharge". For me, this sends 5kWh to the grid and also serves the house with its electrical needs, which is about 500w.
At the end of the session, I change the inverter setting back to "Self Use"
As I see it, to charge the battery costs about 19-22p per kWh, whilst Octopus pay between £2 - £4 per kWh