Solar solutions like PV panels are one of the cleanest and fastest-growing energy sources. But they have one big drawback: dependence on solar energy. The panels do not produce electricity all the time because the sun does not beat down on solar panels 24/7. Unfortunately, for later use, solar panels do not store excess electricity, but that’s where a solar battery comes into the picture. A solar battery stores energy from solar panels that are converted by an inverter and, when necessary, is released into the home.

There is a range of benefits of solar-powered home battery backup systems. For one thing, they give homeowners power over their energy production and usage. To lower their electricity costs, homeowners may take advantage of variable utility rates. A solar battery also offers temporary protection in the event of power outages, offering comfort and convenience to homeowners and their families to avoid power hassles. There are trusted brands like Luminous that offers a wide range of batteries at an affordable solar battery price.

Once you understand how a solar system requires a battery backup, a couple of questions must pop into your mind, like ‘Does a solar battery help lower power utility?’ ‘How much does it cost?’ and so forth.

Let’s answers them for you:

Can A Solar System with A Battery Backup System Lower Down Your Utility Bill?

Whether your electric bill can be reduced by solar energy storage depends on using the backup battery. Most utilities completely reward homeowners who contribute solar energy to the electric grid, ensuring that for every kilowatt-hour of surplus energy that your panels generate, you will earn one credit. This credit would compensate for the equal amount of energy consumption generated from the power grid.

However, service rates differ in many places depending on the time of the day or week. This is known as time-of-use rates, and energy providers use them to charge higher prices during periods of peak demand. Solar energy backup gives homeowners power when the electrical grid takes energy from them. This can benefit smart homeowners with battery backup systems by only charging their batteries with grid electricity when prices are low.

Additionally, the solar battery price is not that significant, and you need not give it a lot of thought. It helps with lowering your energy bills with no extra input. 

How Much Does Solar Energy Storage Cost?

Of course, it’s important to consider the upfront cost when determining how much solar energy storage will save you. There is also a reasonably high price for installing solar panels, depending on the panels’ electrical performance.

Using a solar rooftop calculator, you can check the cost of a solar rooftop device online. A solar rooftop calculator refers to an electronic calculator that, based on your budget, space available, and KW needed, can be used to install a solar rooftop plant. The steps involved in calculating the cost of a solar rooftop are listed below:

  1. First and foremost, in a solar rooftop calculator, you must calculate your total rooftop area along with the solar panel ability you want to install.
  2. Determine the budget.
  3. Choose the state you live in and then choose the type of customer accordingly.
  4. Finally, calculate the monthly average cost of electricity.

If you want to install a home battery backup system with solar panels, the tax credit will also apply to the backup system. This will help decrease the overall solar battery price. It will be a one-time investment, and you can accordingly reap the benefits for many years. Reputable brands like Luminous offer great solar solutions for your home. You can explore the solar battery price on their website and select the one that suits your requirement. If you are confused, you can connect with their solar experts and get the best solution. 

By Eddy

Eddy is the editorial columnist in Business Fundas, and oversees partner relationships. He posts articles of partners on various topics related to strategy, marketing, supply chain, technology management, social media, e-business, finance, economics and operations management. The articles posted are copyrighted under a Creative Commons unported license 4.0. To contact him, please direct your emails to [email protected].