The Benefits of a Solar Battery Storage System
Choosing the right battery system is a crucial step for homeowners who want to decrease their reliance on the grid. Energy storage can also help you save more money by protecting your pocketbook from rising utility electricity rates.
A solar battery storage system helps you create your own little energy island if your utility shuts off power during extreme weather or public safety threats. This way, you can keep the lights on.
1. Save Money
Solar battery systems provide a number of benefits that can help you save money. The most obvious is that they reduce your energy bills. Battery storage can lower your electricity rates by reducing demand charges during peak periods of the day. They can also save you money by shifting your consumption to off-peak periods where electricity rates are lower.
A solar battery storage system can also make your home or business more resilient in the event of a power outage. This is especially important for homes and businesses that are located in areas where wildfires occur or where utility companies shut off power as a public safety precaution.
There are also a number of other ways that solar batteries can save you money, including through time-of-use optimization and load shifting. In addition, newer lithium batteries are backed by warranties that cover up to 10 years or 4,000 cycles. This is significantly longer than generators, which typically have warranties that last just 3 to 5 years. If you want to save even more money, consider using modular batteries, which allow you to add more capacity as your needs change.
2. Increase Your Home’s Value
Savvy homeowners, buyers and appraisers know that solar energy systems and home battery storage add value to a home. They also know that they pay for themselves in the long run with lower electric bills. This is a major benefit for those that plan to sell their home in the future.
Solar battery storage allows homeowners to generate and store their own energy reducing the need to rely on polluting fossil fuels for power. This helps reduce a homeowner’s carbon footprint, and contribute to a more sustainable planet.
Battery storage is popular amongst those that want to increase their energy independence and are looking for backup power during blackouts or high electricity rates. These units are typically integrated into a solar system to maximize solar usage and come with a variety of benefits like energy bill savings, net metering credits and state incentives.
If you’re planning to install a solar system, ask your installer about adding a battery storage unit to your home. It’s usually much cheaper and easier to install a solar-plus-storage system at the same time as your solar battery storage system solar panels, than buying a battery separately.
3. Increase Your Home’s Reliability
Solar energy systems are becoming increasingly popular due to government schemes and decreasing costs, but adding battery storage increases the benefits even more. Having a backup power source not only protects your wallet from unpredictable utility bills but also gives you peace of mind during a power outage.
Solar batteries store excess energy generated by your solar panels during sunny periods and turns that energy into potential electricity at night or on cloudy days. This is especially useful for those who live in areas with time-of-use utility billing, where electricity rates are higher during peak demand times. It can also be helpful for those who want to reduce their reliance on the grid and become more energy self-sufficient.
The primary reason for many homeowners to invest in a solar battery system is for the financial benefits and increased power resiliency. For those who are considering a grid-tie solar system, battery storage helps mitigate high utility rates and eliminates the need for net metering. With a battery system, you can enjoy energy resiliency in case of a power outage from an aging grid or natural disasters such as hurricanes and winter storms.
4. Increase Your Home’s Energy Efficiency
A solar battery storage system can help homeowners become less reliant on traditional electricity generated from fossil fuels. This helps reduce the strain on the grid and lowers greenhouse gas emissions, which contribute to climate change.
Solar energy storage can also increase your energy efficiency. If your utility uses a time-of-use billing mechanism, batteries can save you money by providing energy at times when electricity rates are higher. This is called load shifting. Batteries can also save you money if your utility charges a demand charge each month.
In addition, most battery systems can be set up to provide backup power in case of a power outage. This is done by setting the system into battery back-up mode manually or automatically (depending on your installer).
While it is not possible to go completely off-grid with a solar energy storage system, the technology brings you closer to that goal than ever before. With new government incentives, tax credits and rebates, affordable battery systems are making this option even more compelling. Learn more by requesting a free solar quote today at EnergySage.
5. Increase Your Home’s Energy Security
With solar battery storage, you can take your home’s energy self-sufficiency to the next level. Whether you choose a grid-tie system or an off-grid solution, a solar battery solar induction street lamp storage system can help you be less dependent on the utility in the future.
Most homeowners with solar panels are familiar with the fact that excess energy goes back to the electric grid. This is known as net metering, and some utility companies provide customers with credit for their excess solar electricity while others charge fees or only offer minimal compensation.
Solar battery storage systems can help you offset these fees or charges by storing excess solar energy for use during the evening. This helps mitigate peak-energy charges from your utility and provides a cost savings opportunity. Depending on your specific utility billing terms, battery energy storage can also be used to offset demand charges during times of high energy usage and can help you become more resilient in the event of an outage. It can also be a great way to power essential loads in the event of a public safety power shutoff like during wildfires.
