How Much Can You Save with Solar Battery Storage?


 

Are you thinking about purchasing a solar battery? If so, you’ve undoubtedly considered whether the savings from batteries for solar energy storage are worth the expense. Solar battery storage price cost approximately $1,000 – $2,000 per kilowatt hour (kWh) of storage capacity. Government battery rebates can help lower the initial purchase price, but even with a discount, a battery is still a significant financial investment.

How Much Electricity Do You Use Every Day?

Every day, the average Australian household consumes about 18-kilowatt hours (kWh). However, this varies greatly amongst families, ranging from 3 or 4 kilowatt hours per day for a single-person house to 40+ kilowatt hours for a large family home with pool pumps, laundry dryers, underfloor heating, and so on. The starting step for calculating how much electricity you use is your electricity bill. This indicates the average number of kilowatt hours of electricity your home draws from the grid each day. Calculating the average daily kilowatt hours over the last four quarters yields your average daily grid electricity usage for the last 12 months.

If you have solar panels on your roof, you must also calculate how much solar energy you use in your home. This does not appear on your electricity bill. This is because your statement only shows what you buy from the grid and how much you export to the grid if you have solar. To obtain reliable solar consumption data, you must have a solar system that incorporates consumption monitoring. While all current solar power systems feature monitoring of solar generation, most do not include monitoring of consumption as standard. However, when you buy a solar system from Specialized Solar, we incorporate usage monitoring with every installation.

What Time of the Day Do You Use Electricity

If you are at work throughout the day, you will use the majority of your electricity in the late afternoon and evening. In this case, storing excess solar energy in a battery enables you to power your home for free in the evening.

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