Energy Storage is a buzzing topic in
the solar community, and we anticipate that Solar Storage will transform Australia's
energy market and create yet another wave of solar uptake. However before
installing batteries, we want people to think about their electricity
consumption and pick the best solar and battery system for their house.
In this article, we will look at why
solar storage will be such a hot topic in 2016.
Solar Energy Storage is about to get a lot cheaper
At the moment, a fully installed
hybrid solar system with solar storage is somewhere in the vicinity of $15,000
to $25,000.
This system typically includes a
standard grid connected solar system with the addition of batteries, and a
battery inverter. With a return on your money possible in around 3 to 5 years
for a solar system without batteries, the main expense of hybrid solar is
the batteries along with the associated hardware needed to operate them
efficiently.
However, as Giles Parkinson from
Reneweconomy.com.au says in his article;
the soon to be released Tesla Powerwall battery storage concept along with the
Enphase AC Battery will have an impact on Australian battery storage prices. In
fact, the current estimate for future cost reductions of battery costs is 8%
per annum.