Why now is the time to install a solar battery
Because they are becoming more convenient and simple to buy across Australia, batteries have recently seen an increase in popularity. Government subsidies and incentives are widely accessible, battery efficiency has grown, and prices are still falling making it a great time for purchasing. It’s possible that we’ve reached the peak and now is the ideal moment to get a battery system for solar for tenants or at work.
Battery prices are set to rise in the near future
This holds true for any battery that uses lithium technology, not just solar batteries. Lithium prices have soared as a result of a global shortage of metal due to the increase in electric vehicles. This is anticipated to shortly affect retail battery prices.
Elon Musk, the CEO of Tesla, recently stated in a tweet, “Lithium prices have risen to absurd heights! If costs don’t decrease, Tesla may potentially need to engage directly in large-scale mining and refining. Since lithium is found practically everywhere on Earth, there is no shortage of the element itself, but the rate of extraction and purification is slow.”
Australia has great battery incentives available
One of the greatest countries in the world to install solar power has always been Australia. After all, the sun is always shining brightly overhead. State governments have long recognised this and offer a variety of incentives and subsidies to assist Australian homeowners in installing solar energy equipment, including batteries. For instance, the Next Gen Energy Storage programme in the ACT, which enables consumers who qualify to obtain rebates up to $3,850, is one of the most substantial rebate schemes currently available. The Sustainable Household Scheme, which permits interest-free financing for a variety of renewable energy items with a maximum value of $15,000, can be paired with this.
Batteries have never been better
Since their creation, batteries have seen constant improvement. In the beginning, companies weren’t always sure in endorsing them, but now they can. Along with solar panel efficiency, battery capacity and effectiveness have increased, enabling you to charge your battery while still taking advantage of solar power throughout the day. When grid connections were expensive, only rural properties with reasonable access to electricity could use batteries. Now, however, there is a battery option that enables each and every home to save money and the environment thanks to reasonably priced hybrid inverters and batteries that are offered across a number of brands.
Act soon, before the prices increase if you’re interested in a battery storage system for your home. Check out the current discounts at https://beatenergy.com.au/ and one of the solar experts will get in touch with you to provide you a free quote for your home.
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