The advancements in solar battery technology have ushered in a new era of renewable energy. They are making harnessing the sun’s power more cost-effective and helping solve one of the renewables’ biggest challenges: intermittency. Without batteries, solar systems overproduce during the middle of the day when homeowners aren’t using their power. This extra production is back-fed to the grid through net energy metering.
Reduce Your Energy Bill
One of the main reasons people choose to install solar is for energy bill savings. When you store your excess solar electricity in a battery, you can use it when it’s not sunny or at night, reducing your need to pull energy from the grid. Storage is also a great way to reduce demand charges from your utility, which can be higher than other rates during peak hours. A battery can be charged during the day, when your solar panels generate the most electricity, and then discharged in the evening. In addition to saving money on your power bill, you can even earn extra cash by selling your unused solar battery energy to the utility at times of high grid prices. This is called net metering and is available in many states.
Reduce Energy Use During Outages
Solar battery storage can reduce energy use during outages, a big deal for many homeowners. They want clean and quiet backup power that will allow them to keep their lights, appliances, and essential devices powered during an outage. A solar system with batteries works like this: The battery software can decide whether to save the excess electricity from your solar panels or bring it into play during an outage, as needed. Keeping that energy stored helps reduce your carbon footprint and can help the grid adapt to changing conditions without building expensive new pollution-emitting peak power plants. This strategy can also help lower your energy bill if you use the utility billing mechanism called time-of-use rates. This process allows you to charge your batteries during off-peak hours and discharge them during peak times when pricing is higher.
Reduce Your Carbon Footprint
Solar energy is a clean, renewable alternative to fossil fuels that emit greenhouse gases. The carbon footprint of a solar energy system is typically less than 20 times lower than the emissions produced by coal-powered power sources. In most states, solar panels are a green energy option that can reduce your electricity bills while keeping a significant amount of your home’s carbon emissions out of the air. Solar panels also last over 20 years, which helps offset their life-cycle emissions and makes them a cost-effective, long-term solution for your home. Batteries are also a great way to boost the use of renewable energy. They help buffer the grid between off-peak and peak times, reducing fossil fuel needs. However, batteries have a fairly high carbon footprint compared to other renewable power sources. This is due to the materials used in their production and manufacturing processes. Developing more efficient battery chemistry and recycling lithium batteries can reduce their carbon footprints.
Increase Your Home’s Value
If you plan to sell your home, solar is a great way to increase its value. Studies have found that solar increases your property’s value by $20 for every $1 you save on energy bills. When you combine your solar panels with a battery, you can store any excess electricity your solar panels produce. This can power your home overnight, during outages, or when electricity rates are highest to help you save even more money. This is a valuable addition to any home, and it can help you attract more buyers who want to live in a greener, more sustainable neighborhood. It also helps reduce carbon emissions and the grid’s electricity demand.
Increase Energy Independence
Solar battery storage is an essential component of any solar energy system. It allows homeowners to store excess electricity produced by their solar panels and use it at a later time. It also allows them to rely less on the utility grid for additional power when needed and helps reduce their carbon footprint by eliminating harmful emissions and waste. It’s a great solution for homeowners looking to lower their energy costs and become more independent from the power grid. One of the most common reasons for adding a solar battery is to take advantage of time-of-use rates offered by utilities. These rates typically charge higher rates during the evenings when everyone is home using more energy. Many utilities give you credit for this excess energy, called net metering. However, it may not be a good deal if your local utility charges you a fee for generating energy or doesn’t give you credit when you feed it back into the grid. With solar battery storage, you can store all excess electricity from your panels and use it when needed. You can even program it to step in during peak demand times and help reduce your electricity costs or essential power appliances when the power goes out.