Electric vehicles the key to more efficient home energy use
Summary
A study from Flinders University, Adelaide University, and Murdoch University finds that electric vehicles equipped with vehicle-to-home V2H can significantly lower household electricity costs and reduce the need for large home batteries. The most cost-effective setup combines a 7 kW solar system with a 9 kW battery, achieving $2,451/year in electricity costs and a 78% reduction in grid imports, with V2H offering potential savings even when solar is limited.