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Independent advice and customised strategies to store and use your own energy.

With the increasing demand for renewable energy and the need for sustainable solutions, battery storage has emerged as a promising technology. However, like any investment, it’s essential to weigh the pros and cons before making a decision.

Pros of investing in battery storage

  • Energy Independence: One of the significant advantages of battery storage is its potential to provide energy independence. By storing excess energy generated from your solar panels, you can use it when electricity prices are high or during power outages.

  • Time-of-Use Savings: Many electricity providers are introducing time-of-use and peak demand pricing, where rates fluctuate based on demand. With battery storage, you can store energy during low-demand periods and use it during peak times, thus optimising your energy usage and saving on electricity costs.

  • Backup Power: Battery storage systems can act as a backup power source during outages, ensuring the continuity of essential services like refrigeration, lighting, medical equipment, and general power. This can be especially beneficial for households or businesses in areas prone to frequent power disruptions.

  • Get Paid to Support the Grid: More retailers are releasing products that allow your battery to participate in the energy market spot price. Sending some of your stored energy to the Grid in peak events can earn you high return feed-in tariffs, which can help offset the cost of your initial investment in batteries.

  • Environmental Impact: Battery storage allows for better integration of renewable energy sources into the grid, reducing reliance on fossil fuels. By investing in battery storage, you contribute to a cleaner and greener future by promoting a more sustainable energy mix.

residential battery storage system

Cons of investing in battery storage

  • High Initial Cost: The upfront cost of installing a battery storage system can be substantial. While prices have been declining, they still represent a significant investment. It’s essential to consider the long-term benefits and savings to determine if the initial cost is worth it for your specific circumstances.

  • Limited Lifespan: Like any technology, battery storage systems have a limited lifespan. Depending on the type of batteries used, they typically last between 5 to 20 years. It’s crucial to factor in the cost of replacement when considering the return on investment.

  • Efficiency Loss: Some battery manufacturers don’t allow 100% discharge of the energy stored. Understanding this and its impact on your overall energy requirements is crucial in evaluating the potential benefits.

  • Grid Reliability: While battery storage can provide backup power, it’s important to note that it may not be sufficient for prolonged outages or high power demand situations. Depending on your energy needs, you may still require a connection to the grid or alternative backup systems.

Getting the right advice

Without proper guidance and analysis, making a decision about battery storage can be overwhelming and potentially costly. It’s important to consider factors such as energy usage patterns, long-term goals, and the potential savings that can be achieved through battery storage.

Our team of experienced consultants is here to help. We can conduct a thorough cost-benefit analysis tailored to your individual circumstances. By assessing your energy usage patterns, we can determine the right battery storage products for you. We will provide valuable insights and recommendations, including upfront costs and potential savings, to help you make an informed decision about investing in battery storage.

With our expertise and guidance, you can confidently navigate the complex world of battery storage and find the solution that best fits your needs.

Get the right advice before you invest in battery storage.