A residential solar battery storage system is able to provide over 70% of a home’s electricity.
It is possible to save up to 60% or more on your electricity bill. Using time of use tariffs it is possible to buy electricity cheap and use it at peak times, in additional to solar photovoltaic charge.
There are several ways to benefit from solar battery storage. These are each explained above:
1. Time of use
By optimising “time of use” or “off peak” tariffs a battery owner can charge their battery at times that suit them.
2. Self-consumption of Solar Generation
Additional savings can be made when a solar panel owner consumes as much of the solar energy their system generates. A solar panel owner can add a battery to a new or existing solar panel installation. Some of our battery customers manage to consume 85% of the solar energy generated, often more. By consuming more of the electricity produced by the solar panels, less electricity will be imported, hence reducing the electricity bill.
3. Carbon Savings
Solar generators that are storing their solar power are more likely to use the power they are generating, therefore, reducing the need to import from the grid. This neutralizes demand on the grid at peak times, reducing the need to produce power, hence reducing carbon emissions.
4. Grid Charging and Backup
With a large variety of battery systems on the market each has different advantages. Some battery systems on the market can charge from the grid and provide power in outages.
Tech is getting smarter and so called “Smart technology” is being fitted to solar battery storage benefiting the end user. The battery is able to understand when energy prices are lower. The battery then charges during these times and discharges when rates are higher, providing a net saving.
Several battery solutions provide a grid backup option. Therefore, keeping some power on for the customer when the grid is down.
What are the benefits of solar battery storage?
There are several benefits to solar battery storage.
In summary, these are:
1. Time of use – store power when its cheap to buy.
2. Self-consumption of Solar Generation – use more of the solar power you generate.
3. Carbon savings – Save buying power from carbon emission sources and use your own renewable energy, day and night.
4. Grid Charging and Backup – Use your battery for backup when the grid fails.