How Much Does a Rooftop Solar System With Batteries Cost?

By [email protected] Back in April 2015, Rocky Mountain Institute and partners including Global X and HOMER Energy published a study, The Economics of Load Defection, that examined how grid-connected solar-plus-battery systems will compete with traditional electric service.

The findings showed that declining costs for such systems, combined with retail price hikes for grid electricity, would make grid-connected solar-plus-battery systems economically optimal for customers in many parts of the country by 2030. Furthermore, solar-plus-battery systems can offer other important benefits to customers, such as backup power for critical loads in the event of a grid outage and cost savings via peak-demand shaving and time-of-use

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