Case study 9 – Maximizing solar power benefits: How MyVoltage’s smart metering boosted savings for a residential complex
A residential complex with solar power installations struggled to accurately track energy production and consumption. Traditional prepaid meters misread solar pushback, leading to lost compensation for generated electricity and inefficiencies in billing.
The challenge
When solar inverters pushed excess electricity back into the grid, traditional prepaid meters registered it as a decrease in usage, triggering an anti-tampering feature. This resulted in inaccurate readings and prevented residents from being compensated for their solar-generated power.
The solution
MyVoltage installed bidirectional meters to separately track grid electricity consumption and solar power pushed back. This allowed for accurate refunds at the end of each month. Some residents with large solar systems even offset their water bills entirely, reducing their total monthly utility costs to zero.
The results
With proper metering and inverter adjustments, residents maximized the financial benefits of their solar power systems. The complex transformed solar energy into a revenue-generating asset, making it a more sustainable and cost-effective living environment.
Why this matters for property managers
Without proper metering, solar investments may not yield their full financial potential. Smart bidirectional meters ensure fair compensation, accurate billing, and maximum returns on solar energy—reducing overall utility expenses.
Turn your solar investment into a financial asset
Are outdated meters preventing your property from benefiting fully from solar power?
MyVoltage provides the technology to optimize energy tracking and savings.
Case study 9 – Maximizing solar power benefits: How MyVoltage’s smart metering boosted savings for a residential complex
A residential complex with solar power installations struggled to accurately track energy production and consumption. Traditional prepaid meters misread solar pushback, leading to lost compensation for generated electricity and inefficiencies in billing.
The challenge
When solar inverters pushed excess electricity back into the grid, traditional prepaid meters registered it as a decrease in usage, triggering an anti-tampering feature. This resulted in inaccurate readings and prevented residents from being compensated for their solar-generated power.
The solution
MyVoltage installed bidirectional meters to separately track grid electricity consumption and solar power pushed back. This allowed for accurate refunds at the end of each month. Some residents with large solar systems even offset their water bills entirely, reducing their total monthly utility costs to zero.
The results
With proper metering and inverter adjustments, residents maximized the financial benefits of their solar power systems. The complex transformed solar energy into a revenue-generating asset, making it a more sustainable and cost-effective living environment.
Why this matters for property managers
Without proper metering, solar investments may not yield their full financial potential. Smart bidirectional meters ensure fair compensation, accurate billing, and maximum returns on solar energy—reducing overall utility expenses.
Turn your solar investment into a financial asset
Are outdated meters preventing your property from benefiting fully from solar power?
MyVoltage provides the technology to optimize energy tracking and savings.
