Solar battery storage costs typically range from $5,000 to $19,000, depending on the size and complexity of the installation. The price can vary significantly based on factors such as the battery’s capacity, type (e.g., lithium-ion, lead-acid), installation labor, and location. At Excel Energy, we provide comprehensive solar battery storage solutions tailored to meet the unique energy needs of our customers, ensuring the best value for money.
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Understanding the Cost of Solar Battery Storage
The cost of solar battery storage depends on several factors, including whether it is installed with a new solar panel system or as a standalone addition. Here is a breakdown:
- Installed with Solar: The cost is approximately $840 per kWh. For example, a 9 kWh system would cost around $7,560.
- Battery-Only Installations: Costs are higher at around $1,050 per kWh. A similar 9 kWh battery-only installation would be about $9,450.
| Battery Model | Capacity (kWh) | Price Installed with Solar (USD) | Price Battery-Only (USD) |
|---|---|---|---|
| Tesla Powerwall 2 | 13.5 | $10,000 | $9,722 |
| LG Chem RESU10H Prime | 9.6 | $8,750 | $8,507 |
| Enphase IQ 10T | 10.08 | $8,100 | $7,875 |
| Panasonic EverVolt 2.0 | 17.5 | $17,000 | N/A |
Factors Influencing Solar Battery Storage Costs
- Battery Capacity: Larger batteries have a higher upfront cost but a lower cost per kWh. For example, a 15 kWh battery will cost more than a 10 kWh battery but provide more storage for each dollar spent?.
- Installation Type (AC vs. DC): AC-coupled batteries like the Tesla Powerwall can be added to any system easily, while DC batteries require more configuration and may be less compatible with existing systems.
- Balance of System (BOS) Equipment: Additional equipment such as backup gateways, critical loads panels, and integration systems also impact the total cost.
- Incentives: Many states and regions offer incentives, such as a 30% federal tax credit, which can significantly reduce the overall cost of a solar battery storage project.
Long-Term Savings and Incentives
While the upfront costs for solar battery storage are significant, long-term savings on energy bills and the security of having backup power during outages make it a worthwhile investment. For example, an average household using PG&E electricity could save nearly $92,000 over 20 years by switching to solar and battery storage.
Why Choose Excel Energy for Solar Battery Storage?
Excel Energy provides top-tier solar battery storage solutions designed to meet the specific needs of every customer. Our team of professionals offers seamless installations, robust after-sales support, and expert guidance on maximizing your investment. With Excel Energy, you can rest assured of the best quality and service in the industry.
For more information or to get a custom quote, contact Excel Energy today.
Christine Kelley is a dedicated home blogger who has been blogging for over six years. She covers everything home related. Christine also loves writing posts about her travels to Europe with her husband and two children.
This article provides valuable information about solar battery storage prices, helping homeowners make informed decisions for energy independence. For those considering a comprehensive energy solution, integrating commercial solar panels uk with battery storage can be a powerful combination. Not only does it reduce energy costs, but it also supports a more sustainable lifestyle, ensuring that your energy needs are met efficiently and reliably. Great guide for anyone looking to invest in renewable energy!