Stores solar or low cost (off-peak) electricity.
Allows use of solar energy during peak times (self-use or load-shifting)
Power available during a grid outage or blackout – UPS function
Enables advanced energy management (ie. peak shaving)
Enables energy independence
Reduces power consumption from the grid (reduced demand)
Hybrid solar systems generate power in the same way as a common grid-tie solar system but use batteries to store energy for later use. This ability to store energy enables most hybrid systems to also operate as a backup power supply during a blackout, similar to a UPS system.
Traditionally the term hybrid referred to two generation sources such as wind and solar but more recently the term 'hybrid solar' refers to a combination of solar and battery storage which unlike off-grid systems is connected to the electricity grid.
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Net metering is the system that utilities use to credit solar energy system owners for the electricity produced by their solar panels. With net metering, you only pay for the electricity that you use beyond what your solar panels can generate. Net metering policies differ from state to state – from Sydney to Perth to Melbourne – so make sure to do your homework ahead of time.