Solar Battery Cost - The Factors That Influence What You Pay
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What makes home solar battery systems so popular in the UK? Well, one of the main driving factors is the money they can save you on your energy bills, with many enjoying a drop in the region of 85% compared to what they would be paying as a grid customer. Hard to argue against investing in one for your home then, right?
An easy decision to make, you might say, but there is an upfront cost that needs to be met - something that might be a deal-breaker for some. However, when you see the facts regarding solar power battery price, the help that may be available from the government and the long-term savings that are on offer, there's a compelling case for having one installed.
In this article, we shine a light on solar battery cost, what influences it, and the financial schemes that exist to make true energy independence an achievable reality. Interested? Then, all you have to do is keep reading!
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What Does the Solar Battery Price You Pay Get You?
Used in conjunction with a solar panel array, a solar battery is a piece of hardware that allows you to store the energy generated for later use. It's able to provide usable AC current to power your home's lights, household appliances, laptops, TVs and more. The solar battery cost you pay gets you a system that allows you to continue to enjoy renewable energy during cloudy days, at night or even when there's a grid power cut.
Systems like the PowerOcean home battery solution feature lithium-ion technology, which is known for being the best available on the market. It offers whichever home it's installed in exceptional efficiency and long-lasting power, resulting in true energy independence.
As well as shielding you from the kind of steep energy bill price hikes that national grid users have been subjected to over the past few years, a home battery solution makes your power supply a resilient one that keeps you going when others are in the dark.
The Average Solar Battery Cost in the UK
The question of solar power battery price is not one that can be answered in one sentence, as systems come in a range of different sizes. The larger the home and the higher the energy needed, the larger the battery must be to meet the household's requirements. Let's take a look at a few of the different options and what they're designed for.
- 3.6kWh Batteries (Around £2,500) - This size is considered to be an entry-level option that's suitable for small households, and it can give you what you need to power refrigerators, lights and small electronic devices during short power cuts.
- The average daily consumption for a home in the UK is 8-10 kWh, so a battery like this will give you roughly a third of what you need to run everything.
- 10.8kWh Batteries (Around £7,500) - Next, we have an option that's designed for medium-sized homes, which involves a bit of a step up in terms of solar battery cost.
- However, you'll quickly see where the extra money went, as it protects you against longer power outages and may give you enough to step away from the grid for longer periods. It may not cover everything, but it will drop your energy bills substantially.
- 14.4 kWh Batteries (Around £10,000) - If you're looking for a more significant power supply for a larger family home, then you may want to consider this option. It can give you the ability to run all of your home's appliances daily.
- This kind of power also gives your home considerable resilience when it comes to power cuts, and some of the best available (Like the EcoFlow DELTA Pro +) can even auto-charge using generators when the batteries become low.
- Up to 25 kWh (Around £17,500) - Generally speaking, this option is the highest available for residential use, and it offers enough power to meet the requirements of multiple high-demand appliances running simultaneously.
- A battery of this size might be sufficient for small business use, too, depending on the application and the needs involved.
Solar battery cost varies from home to home, and these examples will meet the requirements of most residential properties. There are also larger options available, with stackable units that can be put together for a custom solution.
Other Factors Influencing the Cost of Solar Power Battery Price
As we’ve just seen, the capacity of the equipment you buy has a major influence on solar battery cost, but the prices shown are only approximations. That’s because there are other factors at play that could also change the amount of money you have to part with.
Battery Type & Technology
We briefly alluded to the fact that lithium-ion batteries cost more due to offering the best performance. However, there are other options available. There are also lead-acid batteries, Nickel-Cadmium (Ni-Cd) and Nickel-Metal Hydride (NiMH) options, flow batteries, sodium-ion batteries and solid state batteries.
Each has its own set of pros and cons, but the overwhelming consensus is that Lithium-ion brands offer the most. The one you choose will affect the solar battery cost you have to pay.
Installation & Labour Costs
In addition to the cost of the actual solar battery equipment, you’ve also got to consider the price involved in having it installed in the property. Again, this is not a one-size-fits-all situation, as it all depends on the specifics of your home and the rate charged by the installer. This may also change depending on which part of the UK you reside in.
Financial Incentives & Government Schemes
The great news for anyone looking at home energy solutions is that the government and other organisations offer grants and tax incentives to take this step. As such, the solar battery cost you have to pay can be greatly reduced depending on your circumstances.
- The ECO4 Scheme - Available for low-income households and properties with low EPC ratings, it’s possible to have up 100% of the solar and battery cost met. You can check your eligibility by visiting GOV.UK.
- Zero VAT on Solar Panels & Batteries - Since April 2022, the VAT rate on solar panels and batteries has been reduced from 20% to zero. This also applies to the cost of having the equipment installed.
- The Home Upgrade Grant (HUG2) - The solar panel and solar battery cost you pay can also be met with this government-backed scheme that’s available to low-income households with homes that have an EPC rating of D to G.
A Home Battery Solution Might Be More Viable Than You Think!
All things considered, the solar battery cost you pay will be determined by your energy requirements and the type of battery technology you choose. Please also remember that there are fantastic savings to be had from the moment your system is installed, so whatever solar battery price is involved, it will be more than outweighed by the greatly improved energy efficiency your home enjoys over time.
If you’d like to know more about anything we’ve spoken about here and how Ecoflow home battery systems can power your life, just visit us today at Homebattery.ecoflow.com/uk. However, if you’re looking for a quote, head to our homepage and tap on ‘Order Now’ which will get you access to a free estimate from one of our experts.
