I have the Multiplus 2 48v with 120v output (Model pmp482305100) that is 95% efficient. My charge controller is a 150/35 that is 98% efficient. My battery and nearby equipment is at about 90 degrees Fahrenheit or 32 degrees Celsius. I've attached 2 pictures showing common situations where the load is run off solar only and where it's combined solar and battery. I have no DC loads other than the Victron equipment itself. The battery is a 5.12kWh SOK 48v battery.
When powering a load with both AC and solar I'm at 76.5% efficiency. 577W/(255W+499W) When powering a load off solar only I'm at 92% efficiency. (155W+274W)/467W
Any ideas what could cause such a drastic difference?