According to the latest MCS data, more than 1.3 million homes in the UK have solar power installations, which means 4.1% of the 29 million homes in the UK are generating electricity from solar panels. By the end of 2022, the UK Solar Power Market was at 15GW, which is forecasted to reach 43 GW in the next five years.
The stats underline the significance of clean energy, and home solar battery systems are just a testament to it. In a world where the use of renewable energy sources has become a crucial step towards achieving a greener future, solar energy has emerged as one of the best alternatives to conventional energy systems. Not only in corporations, the integration of home battery storage systems can also be a trailblazing alternative in promoting energy independence, and for all the right reasons. Wondering what are the advantages of installing a home solar battery system and what is its contribution to energy self-sufficiency and environmental conservation? Here you go!
Mitigation of Energy Fluctuations
Home solar battery systems enable households to store excess energy generated by solar panels during the day for later use. This functionality significantly mitigates the effects of energy fluctuations. During peak sunlight hours, solar panels often produce more energy than a household can consume. With a solar battery system, this surplus energy is stored for nighttime use or cloudy days, ensuring a steady power supply regardless of external conditions.
Enhanced Energy Self-sufficiency
One of the biggest advantages of a home battery energy storage systemis its ability to enhance energy self-sufficiency. Solar battery storage systems store excess solar energy, which can enable homeowners to reduce their reliance on the grid. This can prove an invaluable way to combat issues like power outages or emergencies by allowing households to maintain essential functions such as refrigeration, lighting and communication without being vulnerable to external disruptions.
Many utility companies implement time-of-use pricing models, where electricity costs are higher during peak demand hours. A home solar battery system enables homeowners to optimize their energy consumption by using stored solar energy during these peak periods, thereby lowering their electricity bills. This smart energy management not only reduces expenses but also supports a more sustainable energy consumption pattern.
Grid Support and Energy Resilience
Home solar battery systems can also play a pivotal role in supporting the grid. During periods of high energy demand, such as scorching summer days, these systems can discharge stored energy back into the grid, alleviating stress on the infrastructure. This grid-support functionality enhances overall energy resilience, making communities more adaptable to fluctuations in demand and supply.
Financial Returns and Incentives
While the initial investment in a home solar battery system might seem substantial, it offers long-term financial benefits. Many governments and utility companies provide incentives, tax credits, and rebates to encourage homeowners to adopt solar energy solutions. Gradually, the savings generated from reduced energy bills and potential revenue from selling excess energy back to the grid can offset the initial costs, making it a financially viable choice.
Need help with installing a solar battery energy storage system in your residential unit? Reach out to the professionals at Ember Energy now!