With the cost of living increasing more and more each year, cash-strapped homeowners and businesses are looking to trim budgets while improving bottom lines. Cost-conscious measures such as lowering utility bills and energy consumption are beneficial for residential and commercial properties alike. While traditional practices include regulating lights, heating and cooling, water usage, and more, another effective strategy is to install solar panels.
Harnessing the power of natural sunlight is one of the fastest-growing ways to save on energy and costs. A report conducted by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, cites 6.1 gigawatts (GW) of solar capacity were installed during Q1 2023 alone—the U.S. solar industry’s best-ever first quarter.
With rising expenses and more and more cost-conscious consumers, renewable energy through solar panels is shifting the utilities narrative.
Reputable service providers boast integrated solar monitoring partnerships and compatibility with Alarm.com-based solar inverters Enphase and SolarEdge.
Let’s review how solar monitoring works, as well as its features, benefits, and more.
What Is Solar Monitoring?
Solar photovoltaics (PV) transform sunlight into electricity and solar panels absorb transferable energy through PV cells. This creates electrical charges enabling PV arrays to power most residences and commercial buildings. Each panel’s energy production, output, and performance is easily monitored to maximize associated efficiencies.
Smart home sensors provide insights on interior and exterior temperatures, irradiance, and more. Real-time data and tracking provides additional useful information about performance, efficiencies, and functionality.
How Does Solar Monitoring Work?
Experiencing an unprecedented growth of 42 percent within the last 10 years, solar power is projected to be utilized by approximately one in seven homes by 2030. Yet another example of useful smart home technology, solar monitoring provides helpful reminders, alerts, and insights to help decrease energy consumption, lower utility bills, and reduce adverse environmental impacts.
Solar Monitoring Benefits
Proven to reduce monthly electric bills, solar panels generate renewable energy credits, and federal income tax credits of up to 30 percent. They can also increase commercial property values.
Consumers should consult the Energy Star online portal for additional ways to improve savings and utilize utility company rebates.
Alarm.com-compatible smart technologies provide the following benefits and insights :
- Comprehensive Energy Consumption & Production Snapshots
- Monthly Data Tracking for Year-Over-Year Usage Comparisons
- Ability to Calculate Carbon Footprint Savings, Electricity Kilowatts & Emissions
- Real-Time, Mobile Alerts & Maintenance Reminders
- Low Solar Production Alerts & Management
- Energy Conservation of Up to 40 Percent When Implementing Additional Smart Technologies
- Access to Alarm.com Business Activity Analytics (BAA) for Higher Level, Data-Driven Outcomes
Solar Power Monitoring & Energy Efficiency
Enlisting an experienced service provider with solar panel partnerships can help with energy-efficiency, lower utility costs, and the safety of your home, family, employees, and place of business.