A home battery system typically includes a battery and an inverter, paired with existing or new rooftop solar panels. Not all battery systems provide backup power. If you want a home battery system that provides electricity in the event of a blackout, additional equipment may need to be installed.
The system works by storing excess generation from your solar panels ready for use at other times - such as during cloudy periods or when the sun goes down. By storing and using more of the energy generated by your solar system, your household can draw less energy from the grid, saving you money on your energy bill.
This means lower electricity costs for the households who purchase a system. In turn, the installation of these systems will reduce demand on the network (especially during peak periods) lowering energy prices for all South Australians.
What are the benefits of having a home battery?
Choosing to add a battery to your solar system? Each year, more and more Australian households join the solar revolution by adding solar batteries. Having an LG Home Battery can provide a myriad of benefits and can be a great investment for your home. Here are some of the most important reasons as to why you should consider a home battery.
1. Energy independence
Solar panels allow you to create energy but not store it, the excess energy the solar panels generate gets sold to the grid. Batteries allow you to keep the energy you generate at your home, ready for when you need it most. This means that you have less reliance on the grid, all the energy production and storage happen in one place.
2. Blackout protection, battery backup
The LG Home Battery provides blackout protection. If your energy grid experiences an outage, then your battery will be able to take over and power your home, you could be the only house on the street with power! This could be extremely important if your house is in an area which is prone to blackouts or extreme weather events where damage to the grid and power lines can cause your neighbourhood to be out of power for hours or days. With a home battery, the chance of a blackout at your home is greatly diminished.
How much backup your battery provides is dependent on the battery size, how much power you use and for how long.
3. Reduce greenhouse emissions
By renewably generating your electricity at home, you are bypassing the current reliance on fossil fuels. By using less energy from the grid, you are directly contributing to fewer fossil fuels being consumed within the energy industry. Solar panels and batteries are a much greener option if one wants to reduce their carbon footprint.
4. Reduction in your energy bill
Using a home battery can significantly reduce your electricity bill because you are having to buy less energy from the grid. One of the contributing factors is that you bypass energy price shifting where your energy provider will make electricity more expensive during peak hours. With the use of an LG Home Battery, you will barely have to worry about an increase in electricity prices.