Top 5 things you need to know about home energy storage

Because of our heavy reliance on fossil fuels, we frequently experience a variety of issues, including climate change, energy insecurity, power outages, increasing electricity costs, and many others.

The answer to all of your energy issues is a home energy storage system. I’ve outlined the top 5 aspects concerning home energy storage in this blog post.

So let’s get started.

What is home energy storage?

Home energy storage can be defined as devices that store electricity locally for later consumption. It is also known as a battery energy storage system (BESS). A typical home energy storage system is accompanied by solar photovoltaic panels to stabilize the power supply.

Electric batteries, thermal stores, and heat batteries are typical examples of home energy storage. Lithium-ion is now the most common battery chemistry used to store power. These batteries are usually controlled through intelligent software by the computer to handle charging and discharging.

Why home energy storage is needed?

The answer to this question is very simple and straightforward. We need home energy storage to meet our energy demand. Usually, in peak hours, electricity consumption exceeds the power supply, causing a power outage. Hence, to cater to power outages, we need to store the excess power during off-peak times, when demand is lower than supply.

Solar power is an endless source of renewable energy. As per estimates, the sun provides more energy in one hour than we consume in a year. It is up to us, how we are going to utilize the energy.

A brief history of home energy storage system

The history of energy storage can be traced back to the invention of the first battery invented by Italian Physicist Alessandro Volta in 1800. The first person to demonstrate the photovoltaic effect was French Physicist Edmond Becquerel in 1839.  Subsequently, in 1954, Bell Labs announced the invention of solar panels.

As a result of a series of inventions, today we have a home energy storage system in its most refined form.

Is home energy storage worth the investment?

People always hesitate in investing whether that is small or big. Likewise, purchasing a home energy storage needs some ruminating. If you are confused about whether you should be investing or not. Then don’t worry, let me make things simple for you.

Let me ask you a question. How much do you pay for electricity bills? $100? $200? Well, whatever the exact figure, you are fed up paying huge bills right? If that is the case, you need to put a one-time pressure on your bank account and buy the home energy storage solution.

Usually, people are worried about the initial cost. But the good news is that the cost of solar energy and other renewable energy solutions has already decreased significantly as highlighted by the latest IPCC Assessment Report (AR 6. Renewable energy today is more affordable and accessible than it was a decade ago. Hence, buying a home energy storage will be a worthwhile investment, which is very cost-effective in the long run.

Benefits of installing a home energy storage

Alright, you have decided to purchase a home energy storage. Good decision, I would say. Let me tell you, what benefits you can expect from the system. Here is the list of some of the most common benefits that you can anticipate from your investment.

1. Energy security
2. Reduced electricity bills
3. Overcoming grid losses
4. Greater energy dependency
5. Sustainable lifestyle
6. Emergency power backup
7. Reduced carbon footprint
8. Low maintenance
9. Reduced reliance on fossil fuels
10. Promote clean and sustainable energy

What is the service life of a home energy storage?

There are two types of time periods you should be considering before making a purchase. One is the battery time and the other is service life. If you have fully charged the battery, then you should be expecting a battery life of 12-13 hours with minor consumption, meaning using a few lights.

However, the battery will last shorter if you are using more power-consuming appliances such as an air conditioner. You may expect two to three hours of working time. However, the battery timing varies from company to company. You can’t rely much on a battery bought from an unreliable supplier.

The next important thing is the service life of a home energy storage. An average lifespan of home energy storage is between 10-20 years. But it can even last up to three decades, it all depends upon how much you take care of your device.

Conclusion 

In conclusion, a home energy storage solution is an excellent method to overcome grid losses and ensure energy security. Fulfill your energy demands with home energy storage, while also mitigating climate change.

Author bio:

Jay Baigal is a freelance content writer and a blogger. His blog Sustainoverse strives to develop a blueprint for a sustainable future.