Patent attributes
A renewable energy system that includes a grid-tied renewable energy source and home power supply system is disclosed. The grid-tied renewable energy source has a first inverter and distribution panel connected thereto on a first connection path. The power supply system is connected to the renewable energy source along a second connection path in parallel with the first connection path, with the power supply system including a voltage modification circuit, at least one energy storage device, and a second inverter, such that the power supply system may output an AC power to the distribution panel via the second connection path. A bi-directional utility meter measures a net flow of AC power output from the first and second inverters and a grid power to the load based on a power requirement of the load, and a controller controls an amount of power received by and output from the power supply system.