Buy Battery Storage and Save on U.K. Energy Costs
Buy Battery Storage and Save on U.K. Energy Costs
Buy Battery Storage and Save on U.K. Energy Costs
Tired of being shocked by high energy bills? Investing in a battery storage system is quickly becoming the answer to many U.K households and businesses' prayers! The advantages are twofold; not only do these systems provide you with power generated from renewable sources, they can also help reduce your electricity costs over time - now that's something worth shouting about! In this article we'll delve into all the ways battery storage could save you money in 2023 (and beyond!).
The Increasing Popularity of Renewable Energy Sources
In the United Kingdom, a growing number of households and businesses are turning to battery storage as an increasingly viable source of storing renewable energy. Climate change concerns, rising costs for non-renewable sources, and government incentives have all factored into this shift away from traditional forms of energy production in recent years - making it easier than ever before to minimise reliance on costlier, polluting fuels while still remaining connected at both home and work.
Harnessing the power of renewables such as solar panels is a great way to reduce energy costs. Battery storage can take this cost-saving potential even further by enabling you to store and use any excess energy. With battery storage in tow, renewable technology becomes all the more efficient!
Storing Excess Energy Generated by Renewable Sources
As the world turns to renewable energy sources such as solar and wind power, there is an increasing demand for efficient methods of storing excess energy that can be generated during periods of peak production. Battery storage systems have emerged as a reliable solution: they provide a way to store excessive amounts of electricity, which then can be used when consumption outstrips supply - helping bridge gaps between peaks in generation capacity (such as at night or on cloudy days).
The Benefits of Being Able to Use Stored Energy During Periods of Low Renewable Energy Production
With the utilisation of energy storage, we can unlock several positive outcomes. Firstly, a reliable and steady source of power is ensured even if renewables aren't providing at full capacity - this helps to reduce our dependence on fossil fuels which are known contributors to environmental degradation. Secondly, when renewable sources don't meet peak demand needs you have access to cheaper overnight reduced tariffs meaning you can charge your battery as you sleep, store your energy and discharge to cover peak demands.
The Cost of Battery Storage
With more people choosing renewable energy sources to power their homes and businesses, it's important to consider the cost of battery storage. While prices can vary greatly depending on a number factors such as the battery size, type and location of the installation - generally speaking a 3kw output with 5kwh of storage costs around £4,800 per system. In 2022 energy prices increased with average costs pushing toward £0.40p per kilowatt. Investing in a battery storage system and pairing with a solar or wind source could provide significant savings over time through using your own stored energy.
The Size and Type of Battery Storage Needed For Your Home or Business
When it comes to picking the right battery storage system for your home or business, there’s more than meets the eye. It all starts with understanding how much energy you use on a daily basis—this determines what size and type of system is best suited for you and your needs. If you have installed solar panels and are looking to add storage, this needs what is called a 'coupled system', and careful consideration is required to make sure that whatever battery solution you opt-in for is compatible with an installed solar inverter.
The Cost and Reliability of Different Battery Storage Options
When shopping for battery storage solutions, you'll find a wide variety of options with their own unique cost and reliability metrics. It's recommended that you consider any warranties and performance guarantees before you purchase.
The Potential for Battery Storage to Increase the Value of Your Property
Make your property stand out among the competition with a battery storage system! Increasingly, home and business buyers are looking for green features that demonstrate energy efficiency. Install this innovative technology to show you take sustainability seriously: Not only can it boost the value of your property, but can also reduce reliance on the grid while creating self-sufficiency through renewable sources such as solar panels!
Conclusion
With the cost of energy increasing, now is a great time to invest in battery storage solutions and make your renewable sources even more efficient. If you're located in the U.K, there are financial incentives available to make it financially easier to start your renewable journey – let us help you find out if this is right for you. We'll work with you every step of the way, exploring options so that we can match exactly the right battery for your unique situation. Use our contact form below to connect with an advisor!
Contact Us to Start Your Renewables Adventure
To make contact with an advisor, complete the form below!