Installing a solar energy storage system such as a solar battery is a smart and financially viable decision in most cases.
Solar batteries offer a continuous supply of energy in case of a utility power outage. This means you don’t have to rely as much on your utility. A solar battery backup system is a great solution if you live in an area where outages are frequent or the grid is unreliable. This can be of a high value in the Northeast where winter poses a challenge to grid lines and in Texas where grid reliability became the focus during the snowstorm of Winter 2021, not to mention the frequent issues Texas homeowners face during heat waves and imposed energy rationing.
In addition to the power reliability batteries provide, there are many solar storage incentives that utilities pay you for having a battery installed. For example, many Massachusetts and New Hampshire utilities, such as Eversource and National Grid, pay you for tapping into a portion of your solar battery energy when energy demand is peaking through a program called ConnectedSolutions.
In Rhode Island, National Grid offers a very generous battery incentive for installing a solar battery through ConnectedSolution. Homeowners with these batteries can expect around $1,200 annually for the first 5 years.
In Texas, some utilities may pay a rebate for solar systems coupled with solar batteries.