Solar panel systems have become one of the fastest-growing sources of energy in the United States. According to the Solar Energy Industries Association, the solar market is expected to double in size by 2023, becoming a 4.5 billion market by that time.
The popularity of solar power has led to the rise of another renewable technology: solar batteries that can store extra solar power for later use. Companies like Tesla are developing batteries that can be installed with solar panels to create “solar-plus-storage” systems for your home. Read on to learn more about residential solar batteries, and find out if you should consider installing a solar-plus-storage system for your home.
To appreciate why you might choose to install a solar-plus-storage system for your home, you first need to understand how a standard home solar PV system functions.
The typical solar energy system includes solar panels, an inverter, equipment to mount the panels on your roof, and a performance monitoring system that tracks electricity production. The solar panels collect energy from the sun and turn it into electricity, which is passed through the inverter and converted into a form that you can use to power your home.