Generate electricity and store it before selling it to a third party

How do I generate my own electricity?

Generating your own electricity looks at options for generating your own power. If you're generating your own electricity, you can either be connected to the grid (and feed surplus electricity back into it) or be independent (a stand-alone power system). If you have a stand-alone system, you will need to:

Should you generate your own electricity?

At the moment the set-up costs are relatively high, but they are coming down. If you are connected to the grid and you generate your own electricity, you may be able to sell any excess back to your power company, albeit at lower buy-back tariffs than the retail rate. Generating your own electricity looks at options for generating your own power.

What is electricity generation & how does it work?

Electricity generation is the process of converting primary energy sources into electrical power. This power then travels through a complex system, starting at power generation facilities worldwide, to power our modern world. From flipping a light switch to charging your electric vehicle, electricity generation is the foundation of it all.

Can you sell electricity generated by renewable means back to the grid?

With a little up-front cash and the right resources, individuals can sell electricity generated by renewable means back to the grid. The grid, also known as the power grid, is the network of generators, cables and other transmission equipment that brings electricity from the place it's produced to wherever you use it.