With more and more homeowners switching to solar power, one of the most common questions that arise is how can I store the energy I generate for later use? The answer: Battery Storage.
If you already have solar panels or are thinking about installing them, adding a home battery can take your energy efficiency to the next level. By storing excess solar energy, you can reduce your reliance on the grid and make your home a self-sufficient energy powerhouse.
In this ultimate guide, we’ll break down everything you need to know about home battery storage: how it works, the benefits, how much it costs, and what to consider before you make the investment.
⚡ What is Home Battery Storage?
Battery storage is a system that allows you to store excess electricity generated by your solar panels during the day. Instead of sending that excess power back to the grid, you store it in your home battery for later use when your solar panels aren’t producing energy (like at night or on cloudy days).
How Does It Work?
Here’s the simple version:
- Your solar panels produce energy during daylight hours.
- Any excess energy generated is stored in the home battery.
- When your solar panels aren’t generating power (e.g., during the night or overcast days), you draw from the stored energy in the battery.
- This allows you to continue using clean, renewable energy throughout the day and night, without relying on the grid.
💡 How Can Battery Storage Help You Save Money?
While the upfront cost of battery storage can be significant, the long-term savings make it an investment worth considering. Here’s how you can save:
1️⃣ Use Your Own Energy
When the sun isn’t shining, your solar panels aren’t generating energy. Instead of drawing electricity from the grid (often at a premium cost), you can tap into your stored energy, saving on expensive electricity bills.
2️⃣ Sell Back to the Grid
If your battery is fully charged and your panels are still generating more energy than you need, you can sell it back to the grid via government schemes like the Smart Export Guarantee (SEG). This allows you to earn money from your excess energy.
3️⃣ Peak Time Power
Energy prices are usually higher during peak times when demand is at its highest. By charging your battery during off-peak times (when electricity is cheaper) and using it during peak times, you can save on the higher costs.
🌱 Environmental Benefits of Battery Storage
Battery storage systems help you further reduce your carbon footprint and become more energy independent. By reducing your reliance on the grid (which can still be powered by non-renewable sources), you’ll be consuming more of your own clean, green energy.
Using stored energy allows you to make the most out of your solar panels, making your home even more environmentally friendly.
💰 How Much Does Battery Storage Cost?
The cost of a battery storage system will depend on several factors: the brand, the capacity you need, and your specific energy requirements. On average, home batteries in the UK cost between £3,000 and £6,000, with higher-end models costing even more.
What Affects Battery Prices?
- Capacity: Larger batteries (those with more storage) will cost more.
- Battery Type: There are different types of battery technologies (e.g., lithium-ion, lead-acid), and their costs vary.
- Installation: Professional installation is usually required, which adds to the overall price.
The good news is that government schemes and grants may be available to reduce the cost of installation. Always check the available options before making a final decision.
🔍 What Should You Consider Before Installing a Battery?
Before investing in battery storage, there are several key factors to consider:
1️⃣ Energy Requirements
Think about how much electricity your household uses. Larger households or homes with high energy consumption may require a larger battery.
2️⃣ Storage Capacity
Batteries come in different sizes, so you’ll need to assess how much energy you want to store. If you plan to store energy for overnight use, you’ll need a larger system compared to just storing a small amount for occasional cloudy days.
3️⃣ Battery Lifespan
The average lifespan of a battery is 10-15 years, depending on the brand and usage. Make sure to check the warranty offered by the manufacturer and ensure it aligns with your needs.
4️⃣ Integration with Solar Panels
For the best results, make sure your battery is compatible with your solar panel system. Many modern solar inverters and batteries are designed to work seamlessly together.
5️⃣ Maintenance and Monitoring
Some systems come with smart technology that allows you to monitor your energy usage and performance via an app. This can help you optimise the use of your stored energy and ensure the system is performing at its best.
⚖️ Is Battery Storage Worth the Investment?
If you already have solar panels or are planning to install them, adding a battery storage system can boost your energy savings and increase your energy independence.
While the upfront cost of the system may seem high, you’ll quickly start to see the savings on your energy bills. Over time, the battery will pay for itself, especially if energy prices continue to rise.
In addition to savings, battery storage helps you reduce your carbon footprint and increase your home’s sustainability, which is becoming increasingly important as the UK moves towards Net Zero.
🌟 Maximise Your Solar Investment with Battery Storage
Incorporating battery storage into your home energy system is a smart way to get the most out of your solar panels and make your home more energy-efficient. By storing excess solar power and using it when you need it, you’ll reduce your reliance on the grid, lower your energy bills, and do your part for the environment.
If you’re interested in learning more about how battery storage can benefit your home, get in touch with us at Novus Energy. We’re here to help you maximise your solar energy usage and take control of your energy future.
Fill out the contact form below, and one of our friendly team will be in touch!