Should you consider a home battery?
Homeowner interest in home batteries has grown significantly in recent years and for good reason. With increasing storms and grid reliability issues, home batteries are a quiet and clean way to power your home or critical appliances in your home if the grid goes down. When paired with an appropriately sized home solar system, home batteries also reduce your dependence on the utility by storing solar energy during the day and using that energy to power your home when the sun goes down.
While home batteries are still very expensive, being able to take advantage of the 26% Federal Solar Tax Credit helps with the cost. A home battery is eligible for the tax credit if it is installed within one year of a home solar system and is charged only by your home solar.
These are three important things to know about home batteries:
- Home batteries allow your home solar system to work when the grid goes down
- For optimal performance a home battery system needs to be custom-designed in conjunction with your home solar system
- The cost of a home battery system is directly related to how many appliances you want to power and for how long
The cost of home batteries has decreased significantly in recent years and will continue to decrease significantly in the coming years. However at this point home batteries are really only affordable if you limit the number of appliances you want to power and only expect to be able to power them for a day or two. Powering your whole home for multiple days is simply out of reach for most homeowners.
Make no mistake, batteries (whether a standalone home battery or an electric vehicle battery pack) paired with home solar will be the norm in the future. But there’s still a ways to go before home batteries are economical for most homeowners.
Learn more about home batteries here.