In recent times household energy costs have increased which has contributed to the recent strong interest in battery storage solutions. Battery storage is a rechargeable Lithium-ion battery system which stores energy from solar panels or from the grid and makes it available on demand of electricity. It can power your home during the night, or back up your home in the event of a power outage. It can be installed indoors or outdoors, and can operate within a wide range of temperatures.
Battery prices have come down in the past few years and the trend is expected to continue in the future. Whilst many buyers are early adopters and technology lovers, some are already installing battery systems because of the financial benefits.
It’s not just the cost of the battery that counts, but the value you can get from the battery, from storing electricity for your own use later in the evening or night time to reducing electricity cost.