Is solar battery storage worth it?
Whether a solar battery is a worthwhile, beneficial addition to your solar system depends on your electricity usage patterns and what you want to achieve. The installation costs can be found here.
With the latest developments with overnight charging and selling back to the grid during peak times - Solar batteries are definitely worth it.
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Advantages
Use solar power instead of drawing from the grid
Reduce your carbon footprint by using more renewable energy
Have power during a blackout
Save money by minimising your electricity bills
Protect yourself from rising electricity costs
With proper care and maintenance, your solar battery could last up to 20 years
Maximise the energy efficiency of your home
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Drawbacks
Upfront investment can be large
Warranties are half the life cycle of the panels
Longer payback than just solar panels alone. But, if you charge your battery with cheaper overnight tariffs and then sell this energy back to the grid at peak hours - you can significantly reduce your ROI.
​In summary:
Although the initial cost and time to pay off the investment can be high at first, the long term benefits of solar production and self-reliance generates ongoing savings and protection from rising power costs, making this a smart, long-term investment that’s well worth the upfront cost.