W Refers to Watts, a measurement of power.
KW ie; 1000 watts.
Wp stands for Watts peak. This refers to the peak power of a panel. Typical panels for the UK/AUS market are between 275Wp and 400Wp.
Kwp kilowatt peak is the measure of how much power a photovoltaic system produces from the sun under test conditions. It measures the power produced under 1kW per m2 of light. The more efficient the system, the smaller the area of panels needed.
Ie; kilo Watts peak. 1kWp = 1000Wp. Domestic systems are usually 4kWp (6.6kWp in AUS), Commercial installations are normally up to 50kWp and industrial installations can reach 1000kWp (or 1MWp)
kWh stands for kilowatt hour, which is a unit used to measure energy. Electricity bills are charged in kilowatt hours, and it is the unit used to measure the energy generated by wind turbines or photovoltaic solar panels.
kWh/year refers to kilowatt hour per year. This can be used in terms of heat output, or the amount of energy needed to heat a house.
FIT – UK is the UK government scheme which ended on 31st March 2019 and was a subsidy designed to drive down the installation price of Solar PV systems.
FIT – Australia is the amount paid to you by your electricity retailer (generally as a credit on your electricity bill) for excess solar energy that you have exported to the grid.
Export is the electricity that is generated but not used in the property. Exporting will happen when the property is using less electric than is being generated by the solar array. Therefore this excess electric spills over and is exported to the grid.
Retro-fit refers to products that are installed to an existing house or system, rather than as part of a new build.
Low Carbon Energy this term refers to technologies which minimise the amount of carbon (or greenhouse gas) emitted into the atmosphere. For homes it includes air and ground source heat pumps and combined heat and power.
Microgeneration is the generation of heat or power by renewable or low carbon means, by individuals, businesses or communities for their own use.
Renewable energy or sustainable energy refers to energy that is generated from a power source that can be replenished naturally, for example sunlight, wind, water and biomass instead of fossil fuels like coal or natural gas. Renewable sources are not carbon-based, which means they don’t release greenhouse gases into the atmosphere making them safer for the environment.
Carbon footprint is defined as the impact of greenhouse gas emissions resulting from a person, product, business or event on the environment. Greenhouse gases can be emitted through a number of sources including transport, land clearance and the production and consumption of food, fuels and manufactured goods.
Carbon offset Is best described as a way in which you can balance out your carbon footprint by sponsoring projects or schemes designed to reduce carbon emissions.
National Electricity Market (NEM) Australia is the Australian wholesale market for the supply of electricity to retailers and end users in the regions of QLD, NSW, ACT, Victoria, South Australia and Tasmania, which began operating in December 1998.
Renewable Energy Target (RET) Australia is a Federal Government target to ensure that a minimum of 33,000 Gigawatt-hour of the country’s electricity is generated from renewable sources by the year 2020. If successful, around 23.5% of Australia’s electricity generation will be from renewable sources. RET also offers incentives to deploy sustainable sources of energy as part of the response to climate change.
Distributor or Grid Is your energy distributor or company responsible for providing power or gas to your property. They own and maintain the distribution networks including the power lines, poles, wires and gas pipelines that carry the gas and electricity to your home or business.
NMI stands for the National Meter Identifier, which is a number used to identify the electricity meter at your property. Your bill will detail your NMI.
Tariff stands for the energy tariff refers to the pricing plan that your provider or distributor charges you for your energy consumption. It is generally made up of two components, the supply charge, which is a fixed cost, and the usage charge, which depends on the amount of energy you use. Tariffs can vary depending on your retailer, your distributor and if you are on a government regulated plan.
Time-of-use plans are also known as a flexible pricing plan which refers to tariff schemes where customers are charged different rates for using electricity at peak and off peak time slots. You may pay higher rates for using peak time electricity and lower rates during off-peak hours. This kind of a tariff plan is best suited to people who regularly use electricity in non-peak times, or have the option to change their energy usage to suit the lowest tariff.
Usage charge is a fee that gets charged per kilowatt hour of usage. The amount you pay depends on the type of meter that is installed at your home.
VPP or Virtual Power Plant is a network of decentralized, medium-scale power generating units. They are dispatched through the central control room of the Virtual Power Plant but nonetheless remain independent in their operation and ownership.
Community Energy is energy generated by a community for the use of that community. By pooling resources to create a sustainable community energy system with its energy requirements from renewable energy sources.
Load Shedding is aimed at removing load from the power system when there is an imbalance between the electricity available and the demand for electricity. Load shedding is therefore done to protect the national power system from collapsing.
Off Grid is when your home isn’t connected to a mains power supply and you must rely on alternative methods to provide power to your home.