5kw Solar System Battery Bank Cost

5kw solar system battery bank cost.

If you have high electricity bills installing solar panels to produce your own power is an investment that will pay off in just a few years. For example let s say you have a solar battery with a 10 kwh capacity with a recommendeddod of 60 you shouldn t use more than 6 kwh of electricity before you recharge it. For solar pv let s take the median installed price of a 5kw system data from solar choice and let s assume a 20 year life with zero residual and 20 purchase premium for on going maintenance. Because of the better efficiency and deeper discharge depth lithium battery banks tend to be only 50 60 of the size of a comparable lead acid bank.

The lithium batteries we use are purpose built for off grid solar and utilize a special lithium chemistry called lithium ferro phosphate lifepo4 commonly called lfp. Off grid solar is a battery based solar system will supply electricity from solar panel in the day time solar will run the connected load and balance energy will be storage in the form of a solar battery bank through solar inverter. This solar system come with battery at best price for home. Higher dod ratings allow you to use more of the energy stored in your solar battery before you have to recharge it.

With a standard solar energy system the economics are fairly easy to understand.