Blog

Solar Batteries: A Complete Guide (September 2024)

MarketWatch Guides is a reviews and recommendations team, independent of the MarketWatch newsroom. We might earn a commission from links in this content. Learn More

with our comparison partner, HomeService Quotes mobile solar battery

Leonardo David is a writer and energy consultant who has worked on projects funded by the Inter-American Development Bank. An electromechanical engineer, he has written about solar energy and the electrical power industry since 2015.

Tori Addison is an editor who has worked in the digital marketing industry for over five years. Her experience includes communications and marketing work in the nonprofit, governmental and academic sectors. A journalist by trade, she started her career covering politics and news in New York’s Hudson Valley. Her work included coverage of local and state budgets, federal financial regulations and health care legislation.

Solar panels can save you thousands of dollars in electric bills during their lifespan, but your panels will only generate power during daylight hours. Solar batteries remove this limitation, providing an energy storage system you can count on during cloudy days and nighttime. Solar batteries are generally worth it for homeowners living in areas with higher electricity costs, no net metering programs, frequent electricity outages, or limited hours of sunlight.

Stand-alone solar panels are an excellent investment, but a battery bank improves their functionality. In our October 2023 survey of 1,000 respondents who have installed solar, 48% of homeowners purchased a solar battery with their solar panels.

Get an installation quote on our top rated battery, the SunPower SunVault.

with our comparison partner, HomeService Quotes

In general, installing a solar battery is worth it when you can achieve higher savings than the cost of ownership. A home battery can add over $10,000 to the cost of a solar panel system , but there are several scenarios in which you can take advantage of energy storage, including:

You cannot use solar panels alone as a backup power source during blackouts or suboptimal conditions, due to their variable output, but a charged battery can keep your appliances running. Plus, if the local electric company charges higher rates during certain hours, you can avoid costs by switching to a solar battery.

A solar battery is also useful if your local power company does not offer net metering. While you won’t get credit for sending excess solar power to the grid , a battery will still let you use that extra energy. However, this only makes financial sense if the cost of battery ownership is less than what you would pay to use the grid normally at night.

Keep in mind that the 30% federal tax credit is not only available for solar panels, but also for home batteries. This tax credit can be combined with any solar incentives offered by local governments and utility companies. The financial return offered by a solar battery system improves when you combine incentives from several programs.

A solar battery is a device that stores electric charge in chemical form, and you can use that energy at any time, even when your solar panels are not generating power. Although the battery backup systems that are coupled with solar panels are often referred to as solar batteries, they can store charge from any electricity source. This means you can recharge a battery with grid power when solar panels have low productivity, or you can use other renewable sources such as wind turbines.

There are different types of battery chemistries, each with advantages and limitations. Some types of batteries are suitable for applications where you need a large amount of energy in a short time, while others work best when you need a steady output over a longer period. Some common chemistries used by solar batteries are lead-acid, lithium-ion, nickel-cadmium and redox flow.

When comparing solar batteries , you should consider both the rated power output (kilowatts or kW) and energy storage capacity (kilowatt hours or kWh). The rated power tells you the total electrical load you can connect to a battery, while the storage capacity tells you how much electricity a battery can hold. For example, if a solar battery has a rated power of 5 kW and a storage capacity of 10 kWh, you can assume:

It’s important to note that the rated power of solar panels and battery storage systems are not the same. For example, you could have a 10 kW home solar system with a battery that has a rated power of 5 kW and 12 kWh storage bank.

You can expect to pay around $25,000 to $35,000 for a solar system and battery, depending on the size and other factors like your location, according to the U.S. Office of Energy Efficiency & Renewable Energy . It is typically cheaper (and easier) to install both your panels and battery at the same time — a battery alone can cost around $12,000 to $22,000 if you decide to purchase storage after you install solar panels.

Thanks to the Inflation Reduction Act, which was passed in August 2022, solar batteries qualify for a 30% federal tax credit. This is a credit you can claim on your federal income taxes for the year you purchase your solar system. So for example, you can claim $3,000 as a tax deduction if you purchase a $10,000 unit. While you can only claim the credit once, you can roll it over to the next year if the taxes you owe are less than your credit amount.

In terms of performance, lithium-ion batteries are considered the best option for home applications where you need daily charging and discharging.

The table below outlines the key features of four common types of solar batteries, along with the average cost of each when used in residential settings.

The National Renewable Energy Laboratory (NREL) publishes periodic reports with the latest cost data for solar and battery systems in residential, commercial and grid-scale projects. The Pacific Northwest National Laboratory (PNNL) keeps a similar database, which covers multiple battery technologies in megawatt-scale applications (larger than 1,000 kW).

All solar batteries have the same basic function, but each type is suited for different applications. Your solar battery will offer higher reliability and return on investment when its chemistry is suitable for the application at hand. In general, lithium-ion batteries are most commonly used for residential solar systems due to their high efficiency and compact size when compared with other battery types.

mobile solar battery Lithium-ion batteries have become very popular in recent years since they can achieve synergy with solar panels and wind turbines. For example, the