Written by Maria Beck
In these times of climate change, rising power costs and the desire for greater independence from power suppliers, Renewable Energy is becoming more important for private households. The installation of a solar system is the first step to independence from conventional energy and reducing energy costs. But whereas the production of the solar energy is mainly during the day, the main demand is in the evening hours. That’s why the self-consumption rate is only around 30%. With an energy storage system, self-produced energy can be stored, and is available when needed. This could increase the self-consumption rate up to 80%. That’s why more and more people are deciding to install an energy storage system. To further promote this positive outcome, several federal states in Australia have introduced incentives for buying energy storage systems.
The table below shows an overview of the most important information.
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