How Solar Battery Storage Can Boost Your Savings
Whether you need backup power during outages or want to manage time-of-use (TOU) rates when energy from the grid is more expensive, the latest battery technologies offer configurations to meet your unique energy storage needs.
When paired with a solar system, these battery storage systems come with warranties of up to 10 years, with some extending to 25 years. This ensures a reliable source of stored energy that you can use daily or reserve for backup power during outages.
Control your energy
Solar battery storage is unique to every homeowner. During the initial setup, you can choose which appliances and devices you would like to back up in your home in case of a power outage. Can’t live without Wi-Fi? No problem! You’ll pick the items you need to power in the event of a rolling blackout or power outage.* You can use most battery apps to customize your settings—including selecting an operating mode that works best for your clean energy needs and goals.
Maximize your savings
Solar storage can help boost your savings in multiple ways:
30% Federal Tax Credit: Thanks to the Inflation Reduction Act, qualified homeowners can receive up to a 30% federal tax credit for installing solar systems and/or solar battery storage. This credit can increase to as much as 60% based on specific requirements.
2. Earn extra cash: Participate in a Virtual Power Plant (VPP) (where available), to support the power grid with clean energy during times of peak demand and be compensated in return.
3. Reduce peak-time charges: When you choose battery savings mode, your solar system will be set to automatically store energy for use during peak hours or when grid electricity is most expensive.
For California homeowners especially, this can help maximize the benefits of having solar + storage under NEM 3.0. You can store energy when energy rates are lower and use stored energy when energy rates are higher.
4. Flexible financing: Solar by EnFin offers a number of flexible financing options to make purchasing your battery storage system more affordable.
Interested in how a battery storage system can help you maximize your savings? Request a custom quote.