Solar batteries are an environmentally-friendly alternative to traditional fossil fuel-based backup generators and offer numerous benefits beyond cost savings. In addition, they are a high-return but low-risk investment. Therefore, investing in solar batteries might be just what you’re looking for to save on energy.
The solar battery market is growing fast. In fact, experts expect it to grow by over 30% in the next three years. This market’s size has also been enjoying steady growth over the past few years, especially as more people learn of the benefits of solar energy. So if you’re considering installing one on your property, here are 5 reasons why 2023 is the year you should invest in a solar battery.
You can enjoy significant savings on your power bill.
Your monetary savings depend on your home’s size and how much electricity it uses, but in general, solar batteries will help you save between $1,000 and $2,500 a year. So, for example, if you invest in a solar battery for $10K and it saves you $1,000 per year for 10 years (the average lifespan of these products), then after 10 years, your investment will have paid off and start making a profit for you.
Consequently, partnering with Trusted Solar Installers is crucial to ensure the correct installation and optimization of solar batteries, guaranteeing maximum return on your investment and fostering a path to energy independence and sustainability.
That’s just one reason why these products are growing increasingly popular. They offer their owners a sure chance to get back their initial investment as soon as possible. As a result, you can start saving money and enjoying a significant return on investment sooner.
You can use solar batteries for backup power.
Solar batteries are beneficial for backup power. As you know, when the sun is out and shining on your solar panels, they will produce excess energy that goes into the grid. When there’s an outage or blackout, these batteries can kick in to power your home, eliminating concerns about losing access to electricity during an emergency.
You can also use this battery system in conjunction with an electric car charger; when there’s no sun available (like at night), the stored charge from your solar panels will give you enough juice to get around town safely.
You can sell energy back into the grid.
One of solar batteries’ most intriguing yet overlooked benefits is their profit-making potential.
If you produce more power than you need, you can sell this excess back into the primary grid for a small profit. You obtain a necessary outlet for excess energy that would otherwise do nothing more than remain in the battery and go to waste.
Plus, you get to enjoy the monetary savings that come with selling energy to the grid. However, please note that these savings don’t come as direct cash payments from your utility company. Instead, the power provider will calculate the amount based on your input before crediting the result to your monthly utility bill.
You can help the environment and climate, too
Solar batteries also help cut back on fossil fuel extraction and burning (which turns into CO2 emissions).
This reduction means you’re helping prevent pollution from coal, oil, and natural gas power plants worldwide, reducing your carbon footprint. And because these batteries don’t use nuclear power or hydroelectricity (which often relies on dams), they’re better for nature than other options like oil-reliant transformers and diesel-driven generators.
You get better energy management insights
Most solar batteries today come with usage-tracking apps. This software can prove invaluable in managing your home’s power usage, particularly during emergencies.
Solar batteries are an environmentally friendly alternative to traditional fossil fuel-based backup generators and offer numerous benefits beyond cost savings. In addition, they are a high-return but low-risk investment. Therefore, investing in solar batteries might be just what you’re looking for to save on energy.
For example, if there is a power outage in your area, you can use the interface to help keep track of your energy usage. This ability to monitor and visualize your household’s consumption allows you to optimize the usage of the energy available in your solar batteries. Therefore, you can take what is available further by turning off any high-energy-demand appliances.
So, there are many reasons why it makes sense to invest in a solar battery this year. But when it comes down to it, investing in a solar battery means simultaneously reducing your carbon footprint and saving money.
If you want to learn more about solar batteries, contact your local solar installer today. Their experts will offer more in-depth knowledge about these devices. They are also well-equipped to answer any questions about this exciting new technology.