Maximising Your Solar Investment With Battery Storage Options

Solar batteries improve your solar PV system, storing extra energy for future use. Solar panels convert sunlight into electricity, used in your home with a solar inverter. If grid-connected, surplus energy is credited on your electricity bill, helping offset the cost of solar panels.

Adding a solar battery stores surplus energy, improving efficiency and lowering costs for solar panel users. This trend maximises energy potential and efficiency. 

How does a solar-battery system work?

In solar-equipped homes, panels meet daytime energy needs and export surplus to the grid. Grid electricity supplements energy shortfalls during high demand or cloudy periods, helping offset the cost of solar panels.

Here’s where solar battery storage comes in, offering potential cost savings. 

1. Adding a battery to your current rooftop solar system or installing a new one alongside solar panels stores excess daytime solar energy.
2. Different energy storage options, including grid-rechargeable batteries on time-of-use tariffs, are available.
3. Stored solar-battery energy powers your home when solar production isn’t sufficient, reducing reliance on grid electricity and impacting the cost of solar panels.

Major Benefits of Using Solar Battery Storage

Power your home with solar energy – 24/7

Solar panels work during the day, but not at night. Solar battery storage helps you save surplus energy for nighttime use, reducing overall costs of solar panel.

Reduce your electricity retailer expenses

Enhancing energy self-reliance saves on current costs and shields against future price fluctuations. Batteries reduce vulnerability to energy retailer pricing and market shifts.

Reduces your household’s carbon footprint

Relying on the grid means using fossil fuel-based electricity, mainly coal. Using stored solar energy in your battery during evenings reduces grid reliance for a cleaner, greener home.

How much is the Cost of solar panel and solar battery installation in Australia.

• The cost of solar panel + battery systems for residential use typically falls within the range of $15,000 to $30,000 estimate, covering installation expenses.
• It's worth noting that there are smaller systems available that may cost slightly less than this range, as well as larger systems that can exceed it.
• The pricing landscape for solar batteries has experienced upward pressure due to rising raw material manufacturing expenses.
• These cost estimates are subject to variation based on factors like system size, brand selection, installation considerations, and market dynamics.

Average Cost of Solar panels

Per Watt

1. The cost of solar panels per watt depends on the system size and applicable state rebates. For instance, a 5kWh system typically has a per-watt price of AUD 1.04.
2. Scaling up to a larger 10kWh system can lower the per-watt cost to around AUD 0.92.

Per kWh

1. Australia boasts one of the world’s most affordable Cost of solar panels per kWh, mainly due to government incentives and a thriving solar market.
2.High-quality solar panel systems in Australia typically range from $900 to $1000 per kWh.

(Note that these are approximate figures)

The major factors which will affect the Cost of solar system are:

• Government rebates and incentives
• Type and number of panels
• Type and size of inverter
• Any after sales service agreements

What Is the Cost of Solar Batteries in Australia?

In Australia, solar batteries typically range from $1,000 to $2,000 per kilowatt-hour (kWh) of storage capacity. For a 4kWh battery, the cost typically falls between $4,000 and $8,000.
For a clearer understanding of the expenses, refer to this table displaying average solar battery prices compiled as of November 2022.

These prices cover the installation of the battery alone. If you don’t already have a solar system in place, the costs may vary.

Note: These are approximate figures, as the total cost can vary based on factors such as the solar battery brand, existing compatibility with your solar system, installer choice, and your specific requirements and preferences.

Why choose BVR Energy Solar Battery Storage Installation

Expertise

BVR Energy's expert team in solar and battery technology guarantees a smooth installation, optimising system performance while keeping an eye on the cost of solar panels

Custom Solutions

BVR Energy tailors battery storage solution to meet your energy needs, optimising your investment, and keeping an eye on the cost of solar panels.

Cutting-Edge Technology

We provide cutting-edge solar battery tech for efficient, reliable energy storage that stays current with industry innovations.

Grid Independence

BVR Energy's battery installations boost energy independence, reduce grid reliance, and offer backup power during outages.

Frequently Asked Questions

1. What are the benefits of solar batteries?
    a. Energy Freedom: Solar batteries ensure uninterrupted power, reducing grid dependency.
    b. Savings Galore: Maximise self-consumption, saving up to 80% on annual energy costs.
    c. Eco-Friendly: Slash carbon footprint, cutting up to 4 tons of CO2 emissions yearly.
    d. Grid Resilience: Earn incentives by supporting the grid during peak demand.
    e. Efficiency Boost: Elevate solar system efficiency by up to 30%.
Source: https://www.solar.vic.gov.au/solar-battery-buyers-guide/section-5-working-out-costs-and-benefits-solar-battery-system

2. How much will a solar energy system cost?
The cost of a solar system varies based on factors like system size, location, and incentives available. In Australia, the price of a solar system varies due to factors like location, installer, warranties, and technology.
To give you an idea, here are approximate price ranges for solar systems in major Aussie cities, including government rebates. But remember, prices can change quickly:
Sydney: $2,800 - $9,500 | Melbourne: $2,900 - $9,500 | Perth: $2,800 - $9,500
source:
https://www.cleanenergycouncil.org.au/consumers/buying-solar/costs-and-savings
https://www.solarchoice.net.au/blog/residential-solar-pv-price-index-april-2019/

3. Can BVR Energy help me with government rebates and financing options?
Absolutely, we are here to assist you in securing government rebates and exploring financing choices to make solar energy more cost-effective. Our dedicated team will provide step-by-step guidance through the application process, ensuring you access all available benefits.

4. What is your installation timeline?
Installation timelines can vary but typically take a few weeks from consultation to commissioning. Rest assured, we prioritise efficiency to ensure your solar system is up and running as soon as possible.

5. Do you offer free consultations or quotes?
Yes, we provide free consultations and quotes to help you understand your solar options.

Conclusion

BVR Energy’s solar battery storage enhances energy independence, efficiency, and reliability for homes and businesses. We use advanced tech and a personalised approach to maximise your solar panel investment. Our solutions reduce electricity costs, provide backup power, and support grid stability and sustainability while considering the cost of solar panels. Join us for a cleaner, dependable energy future.

[Disclaimer: The blog post is for informational purposes only and should not be considered professional advice. For accurate and up-to-date information on renewable energy, refer to reputable sources and consult with experts in the field.]

Please don’t hesitate to contact Betta Value Renewable Energy if you have any questions about this topic.