8 Benefits of Home Solar Energy Storage
How does solar energy storage work?
Before solar batteries, solar power really did only work when the sun shone. That’s no longer true. It is now possible to use the excess solar power generated by your solar system at night-time. Because of high energy costs, more and more people are using solar batteries.
Solar power systems generate energy throughout the day, when most of us are out of the house. Rather than sending that energy out to the grid for a lot less than you’ll pay to get energy from the grid at night, you can use more of your own power by storing and saving the excess solar power, and use it at night-time.
Benefits of solar energy storage
1. Reduce your electricity costs
You can store excess solar energy for later use. Additionally, if you pay time-of-use energy rates– your bill splits energy charges into peak, off-peak, and shoulder – and most of your time at home is in the mornings and evenings, you can make greater savings with solar battery storage. This is called tariff arbitrage: storing energy from the grid when it is cheap to use later when it is expensive.
2. Increase your energy independence
Reduce the amount you pay the energy retailers by up to 80%.
3. Maximize consumption of your own power
Solar storage allows you to maximize your usage of the solar power you generate.
Generally, most people are out of the house during the day when solar production is at its highest, and their home energy usage curve is in those blue peaks.
4. Affordable to install
Sonnen, LG & Enphase have created small modular solar batteries. You can built it up with your energy needs. If you’d like to try out solar storage they are a perfect choice, and scale up to 12 kW, as large as the Tesla Powerwall 2. The Enphase AC Battery currently costs $2,000 for 1.2 kW. However, financial analyst Morgan Stanley predicts a 45 per cent fall in lithium prices by 2021 with a corresponding fall in solar battery prices.
5. Keep cool in a heatwave
]Heatwaves become much less of a concern. You can stay at home in the heat without the noise that generators create. Additionally, your solar system can be set up to only power essential appliances in the event of a blackout – like your fridge, desktop, or medical equipment.
6. Help advance the next stage of solar energy
Solar batteries are the future of solar. Be a leader in your community .
7. Reduce your carbon footprint
The big race to decarbonise has begun. You can increase your impact in this effort with a solar battery system.
8. Reduce pressure on the grid
Storing your excess solar power to use later takes stress away from the grid. This means they don’t many to turn on as many costly diesel generators or perform as many costly network upgrades. These benefits get passed on to everyone, with less blackouts and lower energy costs.
If you are interested in installing a solar energy storage system, call us for a no-obligation analysis of your energy usage on 1800 338 809 or email us on info@rksolar.net.