Solar panels can support your home with electricity during its use and reduce your electricity bill. But solar panels can only be discharged when there is sunlight, in which case using electricity at night becomes a problem. Then solar batteries can exactly solve this problem and provide you with stable support. Before you plan to install solar battery, the one thing that your group should know is the cost of solar battery, in this article, we are going to go through the cost of solar battery and the issues related to it.

1. Cost of solar battery

In the solar energy system, the cost of solar battery is still relatively expensive, now on the market, the main solar battery are lithium iron phosphate batteries, lead-acid batteries, AGM batteries, colloidal batteries and so on.

The cost of Li-FePO4 battery is about 120$/kwh.

The cost of lead-acid battery is about $60/kwh.

The cost of AGM battery is about 70 USD/kwh.

The cost of gel battery is about 66 USD/kwh.

The cost of solar battery can vary for different companies offering different sizes of cells. Although the cost of solar battery is more expensive, you should be careful not to compromise the performance of solar battery by choosing cheaper ones.

2. Factors affecting the cost of solar battery

Quality of solar battery:

When you are choosing solar battery, you should first consider the quality of solar battery. For some better-quality solar battery, such as lithium iron phosphate batteries or nickel-cobalt batteries. For the same capacity, lithium iron phosphate batteries are more expensive than lead acid batteries.

Battery technology used:

For traditional lead-acid batteries, it is mainly used in the integration technology is CTM, but for the new lead-acid batteries, such as AGM batteries, liquid-rich lead-acid batteries, etc., they use the new integration technology, and there are cobalt-free material technology, new management technology, etc., the new lead-acid batteries through the improvement of these technologies, the performance of the battery has also been improved, naturally, the cost of solar energy battery has also become more. Naturally, the cost of solar batteries has also become more.

Number of solar battery installed:

When you install more solar battery, the total price you need to pay will be higher. This requires you to estimate the energy needs of your home before you buy solar battery and try to make sure that there is enough to go around and that there is no waste.

Materials used in solar battery:

The cost of solar battery is closely related to the materials used in them. This is because different materials are used in the batteries, resulting in differences in the cost of the batteries. For example, some solar battery may require the addition of rare metals, which increases the cost of the cell. Or some batteries need to use anionic and cationic membranes inside the battery, so the cost of the battery will also increase.

Solar battery brand:

For some well-known brands of batteries, in order to ensure that the quality of the battery over the technical supervision of the production of batteries will be more stringent, in the process of labor costs need to be added to the cost of solar batteries, the natural cost of solar batteries will also be higher. In addition, well-known brands of solar battery will provide better battery warranty for the battery, which will also affect the cost of solar battery.

Policies:

For the installation of solar energy system, there are some areas to realize the policy of reducing the cost of components in the solar energy system, in order to encourage us to install solar energy system, if the local policy is better, the cost of solar battery may be lower.

3. Is it worth it to use solar battery?

The cost of solar battery is expensive, which can lead some people to think that installing solar battery is worth it, but in fact, installing solar battery is more economical and practical. When you install solar battery, you will find that your solar system will not be affected by the power grid, and even if there is a temporary power outage on the grid, your home’s electricity will not be affected. And installing solar battery can be a great way to avoid the increase in electricity prices during peak times, so solar battery reduce your electricity bill. Overall, solar battery are worth it both financially and in terms of the electricity experience.

Conclusion: According to market research, the payback period for solar battery will be shorter than the life of the solar battery, so you won’t have to worry about your solar battery not paying for themselves. In addition to this, there are many other benefits of installing solar battery in your solar energy system, and if you have the budget to do so, it is still recommended that you install solar battery in your solar energy system.