Should I get battery storage for my Solar Energy System?

Mar 26

Imagine being at home in the middle of the night watching TV and the washing machine going out. You have a rooftop solar system that stores your battery power. Now imagine this scenario. If the power goes out in your neighborhood, you would be blissfully unaware.

Solar power is often viewed as a myth. It is believed that solar power in Sacramento can only be counted on when the sun is shining. To generate electricity from solar, you need sunlight. But what about when the sun doesn't shine? The majority of people depend on electricity from the grid to supplement their solar-generated energy. Residential solar energy systems that combine battery storage with solar power, also known as solar-plus-storage systems, can provide power at all times of the day and night without the need for backup power from the grid. Here are some benefits to a solar-plus-storage system.

24/7 power. The higher demand for electricity means that your electricity in the evenings will be more expensive if you use the utility billing system called time-of usage. However, with battery storage, electricity generated during the day can be used later than the utility's power. This is useful for those who live in areas with frequent power outages.
Pocketbook protection. Avoid rising electricity rates with a battery. With battery storage, you can leverage low-cost energy that's already been produced and stored. Your monthly budget will not be affected by the increase in electricity rates. Sometimes, you can even sell the energy you have stored to the grid and earn a profit.
Better monitoring. The solar-plus-storage system allows you to monitor the energy produced by your system. This provides greater transparency and precision. These systems can be used to track and use the energy generated by your home in real-time.
Increase energy self-sufficiency. Although most jurisdictions require that homes be connected to their local utility, even if they do not use electricity from it, a solar-plus-storage system can help you get closer to "off-grid" status. Your utility won't be able to supply electricity to your house every day. Battery storage is a great alternative. Also, you can always have some battery backup so that in case of an emergency, your house will still be lit.

Although you might be convinced of the merits, you should still be curious about the costs. A solar-plus-storage system will cost you between $25,000 to $35,000, depending on how big the battery is. It is simpler and cheaper to install both the panel and battery simultaneously. You can add storage to your solar panels if you already have them installed. The cost for a battery ranges from $12,000 to $22,000. Ask your solar company if they can add a new battery to your system. You are eligible for federal tax credits, whether you purchase a single battery or a solar-plus-storage system. Several states provide additional incentives for solar batteries.

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