Storage … ready?
The story of residential rooftop solar is one of liberation. Confronted with high module prices, early PV adopters experienced significantly longer payback periods – it was not unheard of for homeowners to be making monthly finance payments higher than their utility bills. But consumers were motivated, seeking independence from the stranglehold that electricity providers had on them with ever-increasing utility rates.
In rooftop PV, economies of scale were achieved through incentive schemes such as net-metering, feed-in-tariffs, and tax credits – spurring market growth. Now, the tale of DG solar continues to evolve in a similar fashion, this time with battery energy storage taking a starring role – one that is largely supported by inverter manufacturers.Whereas rooftop …
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