Home Battery Storage: Powering Your Home Day and Night
A Tesla Powerwall is a revolutionary home battery that can be installed with your solar panel system to self-power your home, day or night.
When you go solar, a solar battery storage system is the only way to keep your home powered through outages. It can also help reduce your reliance on the grid. The Tesla Powerwall delivers impressive energy density, making it a popular choice for residential energy storage. In this article, we explore whether a Tesla Powerwall battery is worth the investment.
Let’s take a look at why the Tesla Powerwall battery is worth considering for many homeowners.
Is a Tesla Powerwall worth it?
Let’s start with the factors involved in worth. Adding a battery to your solar PV system will increase the initial cost; however, if it’s a smart investment in your home energy goals, solar battery storage can be worth the extra cost. And don’t forget incentives that can make the decision to add a solar battery a no-brainer.
Here’s where to start:
1. Evaluate your home energy goals
First ask yourself: what are your most important reasons for adding solar energy to your home?
- Saving money on your electric bill?
- Reducing your carbon footprint?
- Peace of mind in outages, blackouts and natural disasters?
If you answered yes to any of these, then you could be in the market for a Tesla Powerwall battery.
2. Calculate actual price including incentives
The price tag on the Powerwall can seem hefty at initial glance, but in order to know your actual cost, you’ll have to evaluate all the factors with a qualified Tesla installer. That way you’ll know exactly how much you’re going to be spending (including equipment, installation, permits) as well as all the incentives available to you.
How much is a Tesla Powerwall?
The Powerwall is eligible for the 30% federal solar tax credit as well as several other state incentives, depending on your state and region. Installing a Powerwall and a solar system also makes you eligible for net metering programs in states that offer this. This allows you to sell back unused energy to your utility company, and when you have a home solar battery you’ll have the option of storing that extra energy for future use (especially useful during peak energy use times when prices are higher.) What this all means is dramatically reduced electricity bill, or in some cases a negative balance that carries you through the high use times of the year.
Reasons you’ll need a solar battery backup
The main reason solar panel batteries like the Tesla Powerwall have grown in popularity is: energy independence. For those looking for complete peace of mind in outages, blackouts and natural disasters, the Tesla Powerwall is a necessary investment.
Energy independence
Let’s talk a bit about what energy independence means. Your home is hooked into your utility company’s grid for power, so you’ll always have dependence on it, even when you have solar installed.
And even with solar panels, it’s not possible to have any kind of independence from the grid without a battery storage system. With a house solar battery like the Powerwall, you can stop relying so heavily on the grid with your stored excess solar energy.
Reduce your electric bill
Another major reason homeowners have gone solar in the last decade is energy prices. The last decade saw a steady incline of energy prices, while typical homeowners that made the move to solar energy saw a dramatic decrease on their monthly electricity bill.
If this is part of your goal, make sure to evaluate a solar battery for your home with a professional. Why? Because during peak hours (like nighttime), energy prices generally rise, but if you’re storing excess sun power from the daytime, you’ll be good to go for the night.
Minimize your carbon footprint
If this is part of your goal, switching to solar panels may not be enough. Adding a solar battery like the Tesla Powerwall to your installation will give you a power up for helping out the environment.
It’s simple. The more energy you pull from the grid, the more non-renewable sources you’re consuming. Reduce that with a solar battery.
In conclusion, if you’re looking for a reliable way to reduce your electricity bills, avoid blackouts, and reduce your environmental impact, you’ll need a solar battery like the Tesla Powerwall.