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Battery Systems

It is important to understand how to best utilise your home battery system and get the best value for money

Choose the right battery system for you

There are many options for a battery system for your home. Below is some information that may help you get started. Feel free to contact one of our battery specialists on 08 8118 0186 

Battery storage for solar is here to stay

The sales of batteries for grid connected solar products have already started to soar. Based on research by LG Electronics, it is estimated that around 8,000 battery systems will be installed in Australia in 2019. Battery prices have come down in the past three years and many buyers are early adopters and technology lovers but some are already installing battery systems because of the financial benefits.

Does battery storage make sense for you?

Whether battery storage stacks up for you is dependent on a number of factors. It is clear that financial viability alone doesn’t necessarily drive the decision. The best scenario is when you:

• your solar system and it is “battery ready”,

• are on a high electricity rate; and

• have relatively low demand.

In this scenario, as you are at work during the day and the solar system is  generating significant excess electricity and a battery will make financial sense.

There are also a lot of other vital issues to consider that make a significant difference between a technology that makes no financial sense and an intelligent technological solution that makes great financial sense.

To summarise, it’s not just the cost of the battery that counts, but the value you can extract from the battery, from storing electricity for your own use later in the evening to reducing time of day demand charges.

There is no simple “one size fits all” solution and it is relatively complex to determine the right size for a solar and battery system. To assist you please contact us for a consultation.

As a rough guide, today a quality residential battery system has a payback period of 4 to 5 years and a residential solar system with a battery solution will have a payback period of 6 to 10 years.

How to choose your solution

Whether you are still deciding or are ready to proceed, we recommend working with us provide options for your energy needs. As an LG Solar Specialist, we will look at your specific tariff structure, demand profile, energy consumption and solar output, which varies from region to region.

This detailed analysis will define the viability of a battery solution in your particular situation and is the most complex and important part of the process. Proper modelling will ensure good outcomes.

Battery Systems are financially viable

With electricity still at an all time high, battery systems are the best solution to capture that excess power your solar system generates during the day while you’re at work for use at night time.

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