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Battery storage prices

Battery Storage Price Index – January 2018

by James Martin II on 29 January, 2018

in Installation advice,Solar System Products,Solar Choice News,Batteries & Energy Storage,Historic Solar PV Power System Prices,ACT,Battery storage examples & case studes,Battery storage system prices,NSW,QLD,SA,TAS,VIC,WA

After some significant additions to our battery pricing database (including some ‘recommended retail price’ (RRP) data from manufacturers), average ‘full’ battery system prices (i.e. including inverter) fell to about $1,580 per kilowatt-hour (kWh), with lows sticking around at $870/kWh. Average ‘battery only’ prices came in at just under $1,000/kWh, while lows were around $700.

This month we’ve added a new ‘Are We There Yet?’ Meter to our analysis – this one for ‘battery only’ circumstances. This chart applies to people who are looking to install battery storage as part of a brand new solar system with a hybrid/battery-ready inverter, or for households that have already installed a ‘battery ready’ solar system. Battery systems of this type tend to offer better returns than systems with ‘all-in-one’ battery banks, where a separate (or inbuilt) inverter is also required.

Read the full article →

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  • About
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James Martin II

James Martin II

Contributor at Solar Choice
James was Solar Choice's primary writer & researcher between 2010 and 2018.

He is now the communications manager for energy technology startup SwitchDin, but remains an occasional contributor to the Solar Choice blog.

James lives in Newcastle in a house with a weird solar system.
James Martin II

Latest posts by James Martin II (see all)

  • How solar is working for my home this summer (Solartopia #15) - 11 February, 2019
  • A list of Australian battery support schemes (existing & proposed) as of Nov 2018 - 30 November, 2018
  • SwitchDin paves the way for virtual power plants & microgrids - 2 October, 2018

Tagged as: ac battery, alpha-ess, batteries, battery prices, battery storage, battery storage prices, enphase, goodwe, lg chem, powcube, powerwall 2, redback, RESU, solax, sungrow, tesla

Comments on this entry are closed.

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