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Battery Storage Systems vs. Traditional Power Grid
Power outages, sky-high bills, and environmental damage—these are the top issues that pushed more and more Aussies to consider renewable energy. Solar has been on the rise in recent years; now, battery storage systems are also carving their name in the field.
A battery energy storage system is the perfect addition to any off grid solar system to ensure continuous electricity even during unfavourable weather. Solar power systems with battery storage are a surefire solution to continuously power your essential appliances, primarily if you're residing in remote areas with no access to a mains power.
Even better, the workings of solar battery storage are consistently developing. In fact, we can bid the traditional bulky ones goodbye and opt for space-saving versions instead. These improvements came as demands for home battery storage significantly increased. At present, studies show that around 50,000 households in the country have battery storage systems installed in 2022 alone.
What Are The Current Woes With Traditional Power Grids?
Fossil Fuel
Traditional power grids are based on fossil fuels which are one of the most harmful substances to the environment. It's also costlier—who wants to take a lot out of their wallet for something that isn't eco-friendly?
Centralised Design
A centralised design means vulnerability to failers and significant power loss through the line due to high demand by consumers.
Lack of High-Resolution Data
The market had significant changes with the adoption of roof solar. A conventional grid system is usually not digitised enough to meet this modernisation which is also highly needed given the continuous rise of energy prices.
How Does A Solar Battery Storage System Solve These Issues?
Environmental Impact
A household battery paired with a solar power system helps reduce your carbon footprint, contributing to the betterment of the environment while helping reduce your energy bills too.
Grid-independence
Not having to rely completely on the grid is a big convenience, especially in areas prone to power outages. You get full control of how you will utilise available electricity and never have to worry about running your essential appliances during a power outage as long as you keep your battery storage system charged.
System Monitoring
As mentioned earlier, battery storage systems are rapidly developing and along with these advancements are easier, faster ways of tracking your system. There are setups with remote controls for convenient control, LCD displays for quick checks, etc.
Lower Energy Costs
Do we even have to explain? Off grid power systems complete with battery storage can do wonders for your monthly energy bills—in fact, they can even eliminate them completely! If you're looking to dodge the looming energy price hike, this is one of your best options to ensure your household still runs on reliable power.
All About Battery Storage System Prices
Battery storage system prices vary depending on size, inclusions, and power output. You'd most likely shed a few thousand dollars for purchase and installation, but get this—you also get to save a LOT and for the long-term too. Just imagine not having to pay electricity bills for years!
On average, the payback period for an off grid battery storage system ranges from 6 to 10 years. Off grid battery storage systems have a lifespan ranging from 5-20 years, meaning you can get as much as over a decade of savings on energy bills with a setup like this.
One tip to maximise your savings is to opt for a high-quality battery. We personally recommend lithium iron phosphate-based ones, as LFP batteries are considered top tier in the market.
Convinced about installing your own battery energy storage system? Check out your options here at VoltX Energy! We have a wide variety of off grid battery storage systems to choose from, all complete with solar panels and a solar inverter.
Our available systems also cover small to large-scale establishments perfect for homes, sheds, and even businesses. Request a quote today, determine which package best fits your needs, and we'll help you out with the rest!