Solar Energy Storage: How Batteries Help You Save Money
Energy reliability with solar will depend a lot on what kind of battery you have; most newer solar energy systems will use a solar battery, considering your solar energy system configuration actually merits the usage of one. There are many options for solar batteries; you can have lead-acid batteries, Li-ion or lithium-ion batteries, and many more. Aside from their use in solar power, there are many applications that are powered by these batteries. In this blog post, we will look at how you can actually save money when you go with a system that is equipped with and optimised for solar battery storage. With a solar battery storage option, while the upfront cost may be too much, the savings potential certainly makes it a lot more worthwhile.
As always, we will also look into the best solar company in Karachi, RS Energy, which has an extensive range of the best and most comprehensive solar energy solutions in Pakistan, offering efficiency, quality and, best of all, reliability when it comes to energy. Experience the best of what solar has to offer with RS Energy’s selection of the best solar energy solutions in Pakistan, complete with battery storage options for hybrid or off-grid solar energy setups.
Solar energy storage: the many options
With solar energy and solar batteries, consumers have lots of options to choose from, especially when it comes to which type of storage or battery option they might be looking for. The most common and highly effective, as well as efficient solar energy batteries, are Li-ion or lithium-ion batteries, as well as high output batteries that offer much more in terms of storage options and many other features that make this entire proposal one of providing maximum utility and usability. However, with RS Energy, the best batteries that you can get are Li-ion batteries; these are tried-and-tested batteries that offer the best performance, utility and longevity as well as durability, considering that solar energy solutions require the usage of durable batteries that can take the heat the system throws at it. As such, in Pakistan, many consumers tend to gravitate towards Li-ion batteries for their solar energy solutions.
How do solar batteries save you money?
A battery can reduce your electricity bill by allowing you to:
- Increase self-consumption
- Take advantage of time-of-use tariffs
- Reduce your peak demand
- Participate in a virtual power plant
- Reduce curtailment (likely to be only a small saving).
A battery can store energy generated by your solar system for later use when the solar system is not generating electricity. This increases solar self-consumption and reduces the amount of electricity you need to buy from your electricity supplier company or DISCO. Savings from self-consumption are greatest if you have a peak electricity tariff plan and use stored energy from your solar during the more expensive peak periods.
A feed-in tariff also decreases the amount you are paid for solar exports, but this is generally much smaller than the increased savings.
Many utilities around the country are moving towards time-of-use rate plans for their residential customers. These rate plans more accurately reflect the changes in wholesale power prices throughout the day. Typically, these plans have peak charges during the late afternoon and early evening, when demand spikes as everyone goes home after the workday and their power consumption increases. The off-peak times are during the middle of the day when solar systems everywhere are producing excess power, and overnight, when demand is lowest.
This is where the additional savings from solar batteries come in. Rather than feeding back the excess solar power when it’s less valuable, batteries allow homeowners to store their excess power on-site and feed that power into the house at night, which reduces the amount of power they need to draw from the grid during the highest-cost time of day. The amount of additional savings that a solar battery will provide depends on several factors, including how much electricity the homeowner uses, what time of day they use that power, and the structure of their specific rate plan.
RS Energy: best solar company in Karachi!
As the top solar company in Pakistan, offering complete solar systems and comprehensive solar solutions designed for maximum efficiency, RS Energy is your partner for energy independence. Follow our three-step plan for your customised and personalised solar energy solution that takes into account your requirements and provides you with a solution that will energise your premises for the foreseeable future. Consider it an investment for the ages.