Solar Energy Storage System Benefits

Solar energy storage systems are a great backup for when the grid goes down due to wildfires or other natural disasters. They also improve grid stability through system frequency regulation.

They are a key component in making solar energy affordable for homeowners and helping communities become less dependent on the grid. They can be co-located with a solar PV system or stand alone.

Reduce your electricity bills

Solar energy storage systems enable homeowners to reap additional benefits beyond what a solar PV system alone can provide. These benefits include:

Lower electricity bills. Using storage enables you to use electricity generated by your solar panels during evenings when utility rates are typically highest, or at times of peak energy consumption in your home. Energy storage also helps reduce costs when your local utility company applies time-of-use electricity rates.

Around-the-clock power. Solar energy storage enables you to use electricity from your solar panels when it’s needed most, even after the sun goes down or on cloudy days. Solar energy storage system Without storage, electricity generated by your solar panel system may be curtailed when the grid is overloaded or to avoid over-generation and power stability concerns.

Solar batteries allow you to export excess electricity back into the electric grid and earn credits on your next utility bill (net metering). Energy storage can be co-located with your solar panels or stand alone. It can be a good addition to your existing solar system or you can install it on a new system.

Increase your home’s resale value

Solar energy storage systems can help increase your home’s resale value. This is because potential buyers are more likely to be interested in purchasing a home with a solar-plus-storage system, which can reduce electricity bills significantly and save them money over time.

Additionally, many states and utilities offer incentives, rebates, and net metering programs that can further reduce upfront costs. In addition, the federal investment tax credit makes solar battery systems more affordable for homeowners.

However, it’s important to note that a PV system’s added value only increases your home’s resale price when you own the panels outright. Studies such as this one by LBNL and this one by Zillow only consider homes where the homeowner owns their solar panels outright, not those with third-party owned systems financed through PPAs and leases.

Also, it’s crucial to work with real estate agents and appraisers who are familiar with solar energy, or at least understand how a Solar energy storage system works and how it adds value to the property. Failure to do so can slow down the process or prevent you from receiving the full resale value that your solar-plus-storage system provides.

Reduce your carbon footprint

Solar energy reduces the amount of greenhouse gasses that are emitted into the air. This helps to protect mankind, ecosystems and wildlife.

Home solar systems with battery storage reduce your electricity bills even more than a traditional solar system alone. This is because the batteries store energy for use later in the day. This also increases your self-sufficiency 48v lithium ion battery 200ah and independence from the grid. Depending on your electricity usage and the battery capacity, it is possible to eliminate your electric bill completely.

Solar storage can help you take advantage of time-of-use rates, which are higher in the evening when demand for power is highest. By charging the battery using cheaper solar energy during the day or from the grid and then discharging at night, you can avoid paying TOU rates.

Batteries also increase grid stability by improving system frequency regulation. They can respond quickly to deviations from the standard 50 Hz frequency and adjust accordingly. This ensures that your solar-plus-storage system can continue to provide a reliable source of renewable energy.

Increase your home’s energy independence

A solar system alone cannot fully replace a home’s power needs. It can only produce energy while the sun is shining, and peak energy use typically happens in the evenings. Energy storage allows homeowners to offset this energy gap.

One of the most common reasons people install a battery with their solar is to take advantage of time-of-use (TOU) rates. Utility companies charge higher electricity rates during certain times of the day, such as when most people are using power at home in the evenings. Solar batteries allow homeowners to capture and store the power produced by their solar panels during these periods and then use that energy for the rest of the night when the sun isn’t out.

With the right software, installing a battery with your solar system is fast and easy. Aurora Solar’s Storage Tool, for example, can help analyze load off-set and projected prices, forecast smart battery sizing recommendations based on priority needs, and even do battery self-consumption modeling. Energy independence is now more affordable and achievable than ever. Adding a battery to your solar is an excellent way to reduce reliance on the grid and achieve financial, environmental, and health benefits.

Prepare for power outages

In the event of a power outage, solar systems are designed to automatically disconnect from the grid. This protects utility technicians working to restore the damaged circuits. A home battery system, on the other hand, can utilize unused solar energy to provide back up power for your house during these times.

This is especially important for those who work from home and depend on computers and other equipment to complete their tasks. In addition to reducing your electricity bills, energy storage also enables you to bypass high time-of-use rates during the day by using solar energy to run your appliances during peak hours.

Additionally, many homeowners have medical devices such as nebulizers and oxygen concentrators in their homes that cannot lose power or function without a consistent source of electricity. A backup solar battery system like NeoVolta’s NV14 will ensure that these devices can continue to operate during power outages or grid failure. This can be a lifesaver during emergencies.