The solar battery being installed in 2022 will be predicted to dramatically rocket.
What are the benefits of solar battery and why is the demand increasing?
We can list a few reasons leading to the tendency:
- Feed-in-tariff is being reduced year by year. What is the feed-in tariff (FIT) and how does it work? Many electricity retailers (but not all) have introduced a feed-in tariff. A feed-in tariff pays you for excess electricity generated by your solar PV system, and not used in your home. Under a net feed-in tariff, a fee is paid for any solar energy that goes back into the grid from your house.
- Solar battery price is going to be strongly reduced in 2022 because the solar battery demand is increasing on one hand and the production costs are falling year by year on the other hand.
- Solar battery specifications are monthly being improved i.e her longer lifetime, deeper depth of discharge (DoD), faster charging time, etc.
These reasons drive us to believe that solar battery is going to be a key booster in 2022.
What is a home solar battery system?
A home battery system typically includes a battery and an inverter, paired with existing or new rooftop solar panels. Not all battery systems provide backup power. If you want a home battery system that provides electricity in the event of a blackout, additional equipment may need to be installed. (Ask a qualified System Provider to include this option when obtaining a quote).
The system works by storing excess generation from your solar panels ready for use at other times – such as during cloudy periods or when the sun goes down. By storing and using more of the energy generated by your solar system, your household can draw less energy from the grid, saving you money on your energy bill.
This means lower electricity costs for the households who purchase a system. In turn, the installation of these systems will reduce demand on the network (especially during peak periods) lowering energy prices.
Is a solar battery right for me?
Battery storage is an exciting technology, but there are a few things to consider before making an investment in a battery for your home.
As a guide, you’ll need to consider:
- Your electricity usage. How much energy you use each day, when you use energy the most, and what appliances you want to run from your battery.
- The cost of the battery system (including installation and maintenance costs) you are looking to purchase, and how long will it take to recoup those costs from your expected energy savings.
- If you already have a solar system, how much excess solar energy you have available to store in your battery.
- If you value having power in a blackout, finding out which battery systems provide blackout power and what they can typically power during a blackout.
- How adding a battery may affect any feed-in tariff you currently receive.
How much will I save?
How much you could save on your energy bills depends on a number of factors including the output of your solar system and capacity of the battery, as well as the amount of energy your household uses and what time of day you use energy the most.
It is important for all households to consider whether the expected energy savings over the life of the battery will cover the cost of purchase.
Households should seek advice from a number of qualified System Providers when obtaining quotes for a home battery system
In the meantime, if you are concerned about your energy bills, you can find helpful advice from our experts and information about energy use in your home and how you may be able to better manage it
Please refer to the video www.youtube.com/watch?v=opYj9MQpzEY