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Date: 18/07/2024
Category: Solar Related

Why did the electricity bill increase after installing solar panels?

It’s difficult to even consider your electricity bills increasing after solar panel installation. Why? Because you have always been told that solar panels help lower your electricity bills which is true but only by taking the right measures. Because if you don’t, you might be facing another nightmare in the form of increased electricity bills. 

 

Here are a few possible reasons why your electricity bills may increase after installing solar panels.

Inaccurate Initial Assessment

It’s possible that the initial assessment of the homeowner’s electricity needs and solar panel system was incorrect, resulting in a system that produces less electricity than anticipated. If the solar panels are not producing enough electricity to meet the homeowner’s needs, they will have to draw electricity from the grid, which can lead to higher electricity bills.

Increased Electricity Usage

Second and the more common reason would be increased electricity bill. After installing solar panels, some homeowners may feel more comfortable using more electricity than they did before. This can result in an increase in electricity bill and subsequently, an increase in electricity bills. Furthermore, the more people staying at home, the more electricity usage. Some families often worry less about electricity consumption after solar panel installation. They forget to do the maths which includes the number of people staying in a house and the number of electrical appliances they use. 

Increased in the number of electrical appliances

Speaking of the number of appliances, homeowners tend to become more nonchalant after installation. They go as far as fixing new electrical appliances for their homes assuming that the solar panels installed would overlook them. Solar power systems are designed to generate a certain amount of electricity bill based on the size and capacity of the system. When additional appliances are added to the home, they can increase the overall electricity consumption, which may exceed the amount of electricity the solar panels can generate

Net Metering Policy

This brings us to our next point. Net metering policies.  Some utility companies have net metering policies in place, which means that any excess electricity produced by the solar panels is sent back to the grid and the homeowner receives credit on their electricity bill. However, did you know that if homeowners use more electricity than their solar panels produce, they will have to draw electricity from the grid at the utility company's standard rates? This can also be higher than the credit they receive for excess electricity. So, it is always better to be mindful of this.

System Maintenance and Repairs

Last but not least would be system maintenance and repairs. Solar panels require regular maintenance and repairs to ensure that they are working efficiently. If the system is not properly maintained, it may not produce as much electricity as it should, resulting in the homeowner having to draw more electricity from the grid.

 

Hence, it’s important for you, as homeowners, to carefully assess your electricity needs and choose the right solar panel system for your home to ensure that you can maximise your energy savings and avoid any unexpected increases in electricity bills.

 

In order to avoid problems like these, you can always contact us at Verdant Solar. We provide a warranty on panel performance after installing solar panels. So, give us a call! We’re always ready to give you the best!

 

Be prudent in your planning on solar power installation and maintenance, that is the hallmark of Verdant Solar service.

Do reach out to us now should you have more questions: +603-5888 8896. Maintenance costs, installation costs and everything you want to find out about solar power, we are more than happy to share our information with you!

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We are an established solar company driven by a group of passionate individuals to inspire sustainable living among Malaysians by reducing electricity bill commitment & creating a greener world via NEM Solar PV.

Join our team as a Finance Executive:

 

Key Responsibilities:

 

  • Accounts Receivable: Responsible for invoicing and collecting payments from customers. Proactively follow up on overdue accounts.
  • Accounts Payable: Process vendor invoices for recording and payment. Ensure accuracy and timeliness of payments.
  • Bank Reconciliation: Conduct timely bank reconciliations and investigate any discrepancies for resolution.
  • Fixed Asset Register: Support in maintaining the fixed asset register.
  • Audit Support: Assist in internal and external audits, address audit findings, and implement corrective actions.
  • Problem Solving: Address financial discrepancies and issues with a critical and analytical approach.
  • Attention to Detail: Maintain meticulous attention to detail when handling financial data to prevent errors.

 

Job Requirements:

 

  • Understanding of finance, accounting, and bookkeeping principles.
  • Excellent time management skills and attention to detail.
  • Ability to work independently and prioritize tasks effectively.
  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Alignment with Verdant’s Core Values.

 

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