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Why Solar Battery Storage in Perth, WA is the Ultimate Investment

Sep 14

Why Solar Battery Storage in Perth, WA is the Ultimate Investment?

 

If you live in a region with high levels of solar penetration, like the greater Perth area, it can feel as if there aren’t many options left for investing in renewable energy. But installing solar battery storage is one of the best ways to future-proof your home and increase its value at the same time. If you’re still on the fence about going solar, read on to find out more about why solar battery storage is a great investment in Perth, WA homes. Solar battery storage is still a fairly new technology that not every home can take advantage of yet. And because there are so few properties with access to it right now, it’s difficult to know exactly how much return on investment you can expect from such an installation. Please contact Perth Solar Power Installations for more information. Ask to speak to their Perth's solar battery storage team for the most acurate and up to dat information in regards to solar batetry storage.

 

What is Solar Battery Storage?

Solar battery storage is the pairing of solar panels with rechargeable batteries. Usually, this setup is installed on top of a property’s roof, but it can also be used to power an entire house. If you’re thinking of investing in solar battery storage, make sure you know exactly what you’re getting into. Different types of battery storage might be more or less suitable for your situation. A common type of solar-battery storage installation is a grid-connected system. This type of system allows homeowners to draw energy from their batteries during times of high demand and low sunlight, while simultaneously feeding power back into the grid when demand is low but there is plenty of sunlight.

 

Why is Solar-Battery Storage Such a Good Investment?

Power prices across Australia have been on the rise since the early 2000s, and Perth isn’t an exception. While demand for electricity has been falling over the past few years, supply and infrastructure maintenance are increasing. This means that customers in Perth and other parts of the country can expect their electricity bills to rise for the foreseeable future. For homeowners with rooftop solar systems, this isn’t a bad thing—at least, not if they’re using solar battery storage. Solar-battery storage allows homeowners to take advantage of the free energy provided by their panels while avoiding the high electricity prices offered by the grid during peak hours. This is great news for people who want to come out ahead financially, as well as those who want to see their energy bills decrease.

 

How Much Does Installing Solar Battery Storage Cost?

The cost of your solar-battery storage system will depend on a number of factors, including the size of your home, the number of batteries you decide to install, and your desired electricity production. While there are no set prices for solar-battery storage installations, it’s safe to say that they cost significantly more than solar panels alone. If you want to offset electricity costs while earning a return on your investment, you should expect to spend anywhere between $16,000 and $35,000 on a solar-battery storage system. Note: Solar-battery storage is one of the best ways to hedge against future electricity price hikes. In fact, many homeowners in Perth are already installing solar battery storage in anticipation of increased electricity costs.

 

When Can You Start Earning a Return on Your Investment?

Solar-battery storage systems are designed to last anywhere from 10 to 30 years. This means that most homeowners will start seeing a return on their investment pretty soon. Depending on how much you spend on your solar battery storage system, you could start earning a return on your investment as early as six years. And, if you’re planning on selling your home in the near future, adding solar battery storage could help boost its value. In fact, a study conducted by U.S. real estate brokers found that homes with rooftop solar panels sell for 16% more than comparable properties without them.

 

What Are the Advantages of Going Installed with Solar and Battery Storage?

Solar-battery storage systems are reliable, efficient, and long-lasting. They can be used to provide power to entire houses, or smaller units can be installed to power individual appliances. Solar battery storage systems are also environmentally friendly and don’t produce any harmful emissions. Plus, they are emission-free, meaning they don’t generate any noise pollution. They are also easily scalable, which means they can be used to power everything from small appliances like washing machines and refrigerators to large items like pool pumps. Solar-battery storage systems are very customizable and can be designed to fit the needs of any home.

 

Bottom line

Solar battery storage is one of the best ways to future-proof your home and increase its value at the same time. It can help you save on electricity costs and reduce your carbon footprint, too. And although solar battery storage is more expensive than installing solar panels alone, it can be used to power an entire house at once and can provide a return on investment over time. If you live in a region with high levels of solar penetration, like the greater Perth area, it can feel as if there aren’t many options left for investing in renewable energy. But installing solar battery storage is one of the best ways to future-proof your home and increase its value at the same time.

 

Perth Solar Power Installations
Suite 100, Shop 6/50 St Georges Terrace,
Perth, WA, 6000
1300 926 166