Selling electricity back to grid to end
Summary
Dara Cassidy from Bonkers.ie discusses the likely reduction of Ireland's solar feed-in tariff due to grid congestion, mirroring trends in the Netherlands. He explains that while solar remains a strong investment with a six-to-eight-year payback period, homeowners should consider adding battery storage to avoid reliance on shrinking export payments. Cassidy notes that current grid limits and intermittent renewable production mean excess solar energy may soon be less valuable, potentially shifting costs to non-solar users.
Topics discussed
Intro: Solar export payments set to shrink
Clarification: Solar remains a good investment
Current export rates and the Netherlands precedent
Advice: Install battery storage to avoid export issues
Ireland's grid capacity and high import levels
Grid inertia limits and intermittent renewable surplus
Solar payback periods remain strong despite changes
Costs and benefits of adding battery storage
Who subsidizes solar exports if payments continue?
Potential government grants and future incentives
Solar value in the face of rising electricity prices
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