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Use all your solar energy to reduce your energy bill even further
With most homes only utilising about half of their solar energy generation and feed-in tariffs now around the 10 cents mark it is no wonder that many homeowners are looking at battery storage to get their utilisation up to above 80%
To most people, this will be a financial issue such as the cost of a battery compared with the payback in lower energy charges. We all know that battery storage is reducing in price and in some cases it does make economic sense to move now as paybacks can be in the 5 to 8-year range. For most, though the payback can be over ten years and with a replacement age of 10 years for most batteries, this is hard to justify apart from the confidence of knowing you are almost self-sufficient.