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SolaX Solar Monitoring: How Much Money Did You Save?

Your SolaX Inverter Shows Solar Generation—but How Much Money Did You Save?

A SolaX inverter portal can show how much solar electricity the system generated. That is useful—but generation alone does not reveal the actual financial result.

To understand whether the solar system is really lowering the electricity bill, the homeowner also needs to know:

  • How much solar energy was consumed directly in the home
  • How much surplus solar energy was exported to the grid
  • How much electricity was imported when solar was not enough
  • How much money was saved through self-consumption
  • How much feed-in income was earned from exported energy

Without grid import/export data, these figures cannot be calculated accurately from inverter generation alone.

The Solution in This Case

For a home with a single-phase grid and a single-phase SolaX inverter, one dual-channel WEM2067 measures the two missing sides of the energy equation at the same time:

  • Channel 1 — Grid: import and export
  • Channel 2 — SolaX inverter output: solar generation

IAMMETER-Cloud combines the two measurements to calculate home consumption, direct solar use, self-consumption rate, electricity cost, feed-in income and solar savings.

In other words, the homeowner can move from “My solar system generated 20 kWh today” to “How much of that energy did I use, how much did I sell, and how much money did I actually save?”

View the complete WEM2067 home solar solution

Works with other inverter brands: SolaX is the example in this case, not a compatibility limit. WEM2067 measures AC energy directly, so the same method works with any brand of single-phase solar inverter when the grid is also single-phase and the grid and inverter conductors can be measured separately.

Scope: This is an independent energy-monitoring solution. WEM2067 does not replace manufacturer-approved equipment required for export limitation, zero-export control, battery operation or inverter control.

1. Why Inverter Generation Is Not Enough

The Home Solar System

The reference setup has:

  • A single-phase utility connection
  • One single-phase SolaX inverter
  • A SolaX dongle for inverter status and production data
  • A requirement to understand both solar production and household energy flow

The Missing Financial Picture

The inverter output answers one question: How much energy did the solar system generate? It does not show where every generated kWh went or what each energy flow was worth.

It does not, by itself, answer all of these questions:

  • How much solar energy was used directly in the home?
  • How much surplus energy was exported?
  • How much electricity was imported later?
  • What was the reduction in the electricity bill?
  • How much feed-in income was earned?

The financial value of one solar kWh depends on where it goes:

  • A kWh used directly in the home avoids buying one kWh from the utility.
  • A kWh exported to the grid earns the applicable feed-in tariff.
  • A kWh imported later is still charged at the retail electricity tariff.

Because retail and feed-in tariffs are often different, total solar generation cannot be multiplied by one price to obtain an accurate savings figure. Measuring both inverter output and grid exchange closes this information gap.

2. The WEM2067 Monitoring Design

WEM2067 channel Measurement point Data obtained
Channel 1 Main grid connection Grid import and grid export
Channel 2 SolaX inverter AC output Solar generation

WEM2067 wiring diagram for a single-phase SolaX home solar monitoring case

The diagram shows the same topology used in this SolaX case: one CT measures the grid connection and the other measures the inverter AC output.

For terminal wiring, CT placement and current direction, follow the complete WEM2067 wiring guide.

Why It Works with Any Single-phase Inverter Brand

WEM2067 measures the electrical flows directly rather than depending on a SolaX protocol, API or cloud interface. It does not need to identify the inverter brand: Channel 2 measures the AC energy delivered by the inverter, while Channel 1 measures the home's exchange with the grid.

The same arrangement can therefore be used with SolaX and other single-phase inverter brands. It also allows the monitoring setup to remain in place if the inverter is replaced later.

The SolaX dongle can still be retained for inverter status, faults and internal parameters. The two products serve different purposes.

3. What the Homeowner Can See

After the two channels are installed and configured correctly, IAMMETER-Cloud can present:

  • Real-time SolaX AC generation
  • Daily, monthly and yearly solar generation
  • Grid import and export
  • Calculated home electricity consumption
  • Direct solar self-consumption
  • Solar self-consumption rate
  • Electricity cost
  • Feed-in income
  • Solar savings

The key calculation is based on measuring generation and grid exchange over the same period. This turns two power measurements into a complete household energy-flow view.

Open the IAMMETER live solar demo

4. Cost and Product Roles

At the time of writing, WEM2067 is listed at US$88. Check the current WEM2067 purchase page for regional pricing and availability.

For this monitoring case, one WEM2067 covers the two required measurement points. IAMMETER-Cloud Basic is included as standard, so the value is not limited to the meter hardware: the homeowner also receives the solar dashboard, historical reports and financial analysis.

Capability SolaX inverter + dongle without grid measurement WEM2067 in this case
Solar generation Yes Yes, measured at AC output
Inverter status and faults Yes No
Grid import and export No Yes
Home consumption Incomplete without grid data Calculated from both channels
Solar self-consumption Incomplete without grid data Calculated in IAMMETER-Cloud
Bill, feed-in income and savings reports Platform-dependent Included in IAMMETER-Cloud
Independent of inverter brand No Yes
Inverter or zero-export control May be available with approved SolaX equipment No

The US$88 comparison applies to independent monitoring. It is not a claim that WEM2067 replaces every function of a SolaX dongle, SolaX meter or control accessory.

5. Installation and Validation Checklist

  1. Confirm that both the grid and SolaX inverter output are single-phase.
  2. Install WEM2067 according to the official wiring diagram.
  3. Place Channel 1 CT at the grid connection.
  4. Place Channel 2 CT at the SolaX inverter AC output.
  5. Confirm that grid import, grid export and inverter generation use the correct sign and direction.
  6. Add the meter to IAMMETER-Cloud and select the solar PV system type.
  7. Compare daytime readings with the inverter portal and utility meter before relying on reports.
  8. Check that home consumption remains physically reasonable as solar output and grid flow change.

Correct CT placement and direction are essential. A reversed CT can make import appear as export or make the calculated household consumption incorrect.

6. When This Case Can Be Reused

This design is suitable when:

  • The utility connection is single-phase.
  • The inverter AC output is single-phase.
  • One CT can measure the entire grid connection.
  • One CT can measure the entire inverter output.
  • The objective is monitoring, reporting and energy analysis.

Choose a different meter or topology when:

  • Both WEM2067 channels are needed for a split-phase grid.
  • The grid or inverter is three-phase.
  • Multiple inverter outputs need to be measured separately.
  • The meter must control export, a battery or the inverter.

Although this article uses SolaX as the case, the measurement principle is not inverter-specific. For any brand of single-phase inverter, WEM2067 can use one channel for the grid and one for the inverter output when the installation meets the conditions above. See the solar energy monitor for home solution for the general WEM2067 approach, or use the meter-selection and wiring guide for other system types.

7. Alternative: Bring SolaX Data into IAMMETER-Cloud

If the system already uses SolaXCloud or SolaX Portal, IAMMETER may retrieve supported inverter data through a cloud bridge. An IAMMETER meter can then provide the grid-side measurement required for a complete home solar view.

See the SolaX Cloud Bridge integration guide for the current method and supported data.

The cloud-bridge method and the two-channel WEM2067 case solve the problem differently:

  • Cloud bridge: reuse supported inverter-platform data and add grid measurement.
  • WEM2067 two-channel monitoring: measure both AC flows independently with one IAMMETER device.

8. Legacy Appendix: Bind an IAMMETER Meter to the Older SolaX Portal

The following procedure is retained for users of the older SolaX Portal interface. The screenshots are legacy material and may not match the current SolaX interface. Before using this method, confirm that the account and inverter still support binding an IAMMETER serial number.

Bind the Meter

Step 1: Install and configure the Wi-Fi energy meter, then register it in IAMMETER. See the IAMMETER Quickstart Guide.

Legacy CT-direction note: The older SolaX Portal integration used a different current-direction definition. Its CT direction was therefore reversed compared with the normal IAMMETER documentation. This note applies only to the legacy portal-binding method, not to the WEM2067 home solar case above.

Step 2: Bind the meter in the older SolaX Portal:

  1. Log in to the SolaX Portal account.
  2. Open Inverter from the left-hand menu.
  3. Click Edit on the right.

Edit an inverter in the legacy SolaX Portal

  1. Enter the IAMMETER serial number in the Power meter SN field.
  2. Click Save.

Enter the IAMMETER serial number in the legacy SolaX Portal

View Legacy Portal Data

If the integration is still supported for the account, meter data should appear on the SolaX overview and report pages after several minutes.

IAMMETER data displayed in the legacy SolaX Portal

9. Continue from This Case

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