Energy Storage for Your Home - nyserda
Pairing Energy Storage and Solar
By pairing solar projects with energy storage, you can store electricity produced from your solar panels for future use. In recent years, residential energy storage systems have declined in cost, making it more affordable for you to combine these two technologies.
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By installing storage on your home, you can increase your resiliency to power outages and reduce the cost of your electric bill.
Benefits of Pairing Solar and Energy Storage
- Access stored power during grid outages
- Save even more money on your electric bill by participating in utility load relief programs or time of use electric rates when available
- Access Inflation Reduction Act tax credits to cover up to 30% of the project cost for both the energy storage and solar
How Energy Storage Works
Energy storage systems are designed to charge when excess electricity is available from your solar system. Many different types of storage technologies exist however, lithium-ion batteries are most common with homeowners.
A battery storage system looks like a box mounted on the wall or a small cabinet mounted outside your home. Generally, a storage system will be placed near your home&#;s circuit breaker panel, on a wall of a garage, attached to your house, or on a concrete pad located near your home.
Your home will still be connected to the electric grid during everyday operation. However, if the electric grid goes out, your backup storage system will continue without any interruption. It won&#;t power your whole house, but it can power critical functions like heat, refrigeration, and lighting without the need for a backup generator. Solar installed without energy storage, generally will not be available to provide electricity during an outage.
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