Solar Battery Storage Savings

Solar Battery Storage Savings

Solar Battery Storage Savings: Is it Worth Investing?

So, your considering solar battery storage at home but how do they work, how much will it cost, what type of batteries are available and is it the right option for your home?

One of the best ways to reduce your energy bills is to install solar panels on your home. The addition of solar battery storage can help you to further optimise the renewable energy you generate increasing the savings you can make.

Solar Battery Storage Savings: How Do Battery Storage Systems Work?

Battery storage systems allow you to store surplus green energy from your solar panels when they are producing more electricity than you need at home. Adding battery storage provides flexibility to use your energy later in the day or at peak periods of consumption when you need it most. Storing your surplus green energy also allows you to use at night time, meaning you can power your home and appliances from solar generated energy for longer.

Adding battery storage systems helps to maximise your renewable energy use, reduces loss of energy back the electricity grid, provides more grid independence and saves you more money.

Solar Battery Storage Savings: Pro’s and Con’s

solar battery storage savings pros and cons of solar battery storage

Solar Battery Storage Savings: What Types of Battery Storage are Available?

For home solar battery storage there are several different types of suitable battery options, the most commonly used options are:

  • Lithium-Ion Batteries: The most popular choice today, lithium-ion batteries are lightweight, compact and efficient these are the most popular batteries used with a lifespan of approx. 5-15 years.
  • Lead-Acid Batteries: An early model of batteries and more affordable these batteries much larger and heavier and have a lifespan of approx. 5-15 years.
  • Saltwater Batteries: A newer more eco-friendly battery these are becoming more widely available and have an extended lifespan of over 15 years meaning extended solar battery storage savings.

Solar battery storage is best positioned in a cool and easily accessible location, like a garage or utility room. Installing solar battery storage is no longer recommended in roof or loft spaces.

Solar Battery Storage Savings v Initial Costs

The cost of installing a home battery system can be less than you might think with 3.2Kw batteries from as little as £2,495. Plus if you install your battery at the same time as your Solar PV system you can benefit from a 0% VAT rate so getting them together presents big additional savings!

Microgeneration Certification Scheme (MCS) advises the typical household utilises 35%- 50% of the solar energy it generates. However adding a battery storage system can increase this to as much as 80%. This means you will use more of your home generated electricity and become less reliant on the grid optimising savings on your monthly energy bills with solar battery storage savings.

Solar Battery Storage Savings: Can I Add a Battery To My Existing Solar Panels?

You can add a battery storage system to an existing Solar panel system to reduce the export of generated green energy. To do this we typically add a battery coupled with a new inverter which monitors the amount of energy being generated against the electricity being used at home. If the electricity being generated is greater than being used at home the battery will charge using this surplus energy. The battery will then discharge and power your home when you need it most.

Solar Battery Storage Savings: Is It the Right Option for Me?

When considering if solar battery storage is right for you consideration should be given to the points we have previously discussed.

If you generate more energy than you use during the day then adding a battery to store your green energy for use during other times will reduce the need to purchase energy back from the grid increasing savings on your monthly bills.

Solar Battery Storage Savings: How Can E-Verve Energy Help?

E-Verve Energy have over 10 years of experience in the energy efficiency industry and are widely recognised as one of the UK’s most trusted installers. We are fully OZEV and MCS accredited, TrustMark approved and proud members of both RECC and CPA (consumer protection organisations that regulates and guarantees that all our work and customer service is carried out to the highest standard). This means that all projects are fully protected and completed by our accredited tradesmen. To find out more about how E-Verve Energy can help you with your home solar battery storage project visit our dedicated Solar PV and Battery Storage Page for your FREE design and quotation!

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