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SOLAR BATTERY STORAGE

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What Is Battery Storage?

Solar battery storage, also known as a solar battery system, is an optional element for a solar power system. This system stores excess energy generated by your solar panels in a battery, allowing you to use this stored power when your solar panels are not producing energy (e.g., during the night).

To make a battery useful, your solar system must generate surplus energy during the day for the battery to store. This surplus energy becomes available for running your household during the night or when the sun isn’t shining. In the absence of a battery, your home relies on the grid during these times, and any extra energy is sent back to the grid in exchange for feed-in tariffs.

Adding a battery to your solar system represents a step toward achieving energy independence. However, it’s important to recognize that the advantages of batteries come after the primary benefits of a solar power system. For certain households, integrating a battery system can be highly advantageous, reducing their dependence on the grid or even allowing them to function independently through an off-grid system.

It’s crucial to understand that while battery prices are gradually decreasing, adding a battery may not have an immediate positive financial impact, unlike a solar system. In today’s pricing (if your state does not provide subsidies or incentives for batteries), you might expect a return on investment in 8-15 years. As technology progresses and batteries become more accessible, prices are expected to decline, similar to the trend seen with solar systems.

Households with smaller solar systems that generate limited excess power may find it more cost-effective to benefit from feed-in tariffs for their surplus energy rather than investing in battery storage. Conversely, those with larger solar systems and a substantial surplus of energy could gain significant advantages from installing battery storage.

Factors Affecting Battery Pricing and Specifications:

  1. Government Incentives: Federal and State Governments often offer assistance and incentives for solar and battery storage, which can impact the overall cost of your battery system.

  2. Cycle Life: This refers to the number of times a battery can be fully charged and discharged before reaching the end of its functional life.

  3. Battery Power (kW): It determines how quickly the battery can be charged or discharged.

  4. Storage Capacity (kWh): This represents the maximum energy that a battery system can store.

  5. Depth of Discharge: It denotes how much a battery can be discharged, ensuring you can fully utilize the stored energy without degradation.

  6. Battery Management System (BMS): An intelligent system that gathers data and ensures the battery operates within safe parameters.

  7. Inverter: A separate inverter may be required for the battery system if your solar system lacks a hybrid inverter.

  8. Warranty: This specifies the duration or cycle coverage of the battery system.

  9. Blackout Protection/Backup: This is not a standard feature of battery systems and may incur substantial additional costs. It involves specialized installation and rewiring to provide backup power during grid outages.

During the solar quotation process, installers can offer battery options tailored to your requirements and often assist in claiming any available State Government Incentives.

GET 3 FREE SOLAR QUOTES

  • Prompt response from three installers.

    William Fonseka Avatar William Fonseka
    November 4, 2023

    We were happy with the quality of the three quotes we received

    Sidney Eldridge Avatar Sidney Eldridge
    November 4, 2023

    If you are looking to Install Solar Power at your home,a good way to start is by visiting The Solar Market Web Page. All is explained here and good service... read more

    Joe Bay Avatar Joe Bay
    October 4, 2023
  • Very good and fast to respond!

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    October 4, 2023

    Honestly the most fuss-free way to organise quotes with local companies. Had three companies contact me within a few days and had quotes within a week.

    Michael Howard Avatar Michael Howard
    October 4, 2023

    Easy and quick responses, get some quotes and chose the one that's right for you. Very helpful.

    Wendy MQ Avatar Wendy MQ
    September 4, 2023
  • Easy to use window with good information on which to base a decission

    Greg Lyne Avatar Greg Lyne
    September 4, 2023

    Used Solar Market to find a very good solar power company.

    Stefan Hancock Avatar Stefan Hancock
    September 4, 2023

    I had several quotes and chose the one we thought best for us.

    Mirna Trendle Avatar Mirna Trendle
    August 4, 2023
  • Got one out of two quotes requested. Company quoted looks good but on the high side of price. Have not decided but have other quotes to consider.

    Huat Ho Lim Avatar Huat Ho Lim
    August 4, 2023

    3 Quotes as promised and all from reputable companies allowing me to make an informed decision on the way forward

    Robin Hood OAM Avatar Robin Hood OAM
    August 4, 2023

    I am the Secretary/Treasurer of a Body Corporate in Queensland. We have rules that require us to get four quotes for major purchases. After having gotten a quote from... read more

    David Johnstone Avatar David Johnstone
    July 4, 2023
  • It was fast and easy to get response from 3 reputed suppliers without looking for contact details individually.

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    June 4, 2023

    In the process of getting 3 quotes, I definitely got more knowledge about the products, installation process, and the experienced installers.

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    June 4, 2023

    I found this process easy fast and simple

    Gail Vernon Avatar Gail Vernon
    May 4, 2023
  • Solar Market organised for 3 professional organisations to contact me, each were thorough in the preparation of proposals based on the capability I was looking for.

    Evan Williams Avatar Evan Williams
    May 4, 2023

    I’ve received some great quotes that some have provided In-depth information. Now to choose one

    Tom Flood Avatar Tom Flood
    May 4, 2023

    Help alot to find the right company to do the job

    Alexis Bugallo Avatar Alexis Bugallo
    May 4, 2023
  • We Received 3 quotes in a timely manner and compared them and have decided to go with one of the companies

    E J Crocker Avatar E J Crocker
    April 4, 2023

    couldn't,t be happier. got 3 quotes all friendly but with different options. chose best for us. did paperwork Tuesday approved on Thursday and installed on Friday . Just waiting for... read more

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    April 4, 2023

    Great website Got 3 quotes and signed up with one of them, very easy!

    WENDY LAWSON Avatar WENDY LAWSON
    April 4, 2023
  • 4 companies contacted us - 3 came and spent 90 minutes discussing our needs. We were able to decide on one of them within a week. This is a very... read more

    Bill Searl Avatar Bill Searl
    April 4, 2023

    Solar market worked well for us, while we live in a small rural Vic city we did receive two quotes which were very comparable, thanks Solar Market. Robin

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    March 4, 2023

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    Satya Narayan Avatar Satya Narayan
    March 4, 2023
  • I got three solar quotes very quickly.

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    March 4, 2023

    Very prompt responses, just need to take your time deciding. The companies can be very pushy..

    Simon Counter Avatar Simon Counter
    March 4, 2023

    The Consultant that arrived was both knowledgable and polite, providing a number of possible options for our situation. Excellent service!!

    Steve Fenech Avatar Steve Fenech
    March 4, 2023
  • This is a great service. I am time poor at the moment with moving house. After going through this I received 3 good quotes. Thank you

    Jenni Lawson Avatar Jenni Lawson
    February 4, 2023

    I recently used Solar Market for getting quotes for solar energy and I was extremely impressed with their service. The process of getting quotes was easy and quick, and the... read more

    Chris Jenkins Avatar Chris Jenkins
    February 4, 2023

    Very easy with in 2 days I had 3 quotes.

    Bronson erceg Avatar Bronson erceg
    December 4, 2022
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