Lithium-ion batteries are the best energy storage solution for homeowners as they last longer, require little to no maintenance, and take little space to install compared to other battery types. When these batteries are connected to solar panels, the extra solar energy can be easily stored in the battery for later use, like during a power cut or at night. It can even help you to save money by protecting you from high electricity bills.
Here, let's look at lithium-ion batteries. Are they suitable for solar energy storage?
Lithium-ion batteries or solar batteries are the most efficient rechargeable energy storage solutions. They can be installed alone or paired with a solar energy system to store extra power.
Batteries installed alone can charge directly from the grid to provide backup power to homes during an electricity outage. They can also be deployed to prevent paying expensive electricity bills by charging with grid power when electricity is less expensive, but they can be discharged when electricity rates go on peak.
On the other hand, batteries installed in conjunction with solar panels will offer you a higher bang for your buck, particularly if you don't have access to net metering. These batteries can recharge to get the most out of solar energy produced by your panels, allowing you to operate your home completely with solar energy even on rainy or foggy days (when the sun is not shining).
Lithium-ion batteries are the best solution for homeowners seeking battery storage for beneficial reasons. Here we mentioned some of them;
The Higher Depth of Discharge (DOD) of a battery can be defined as the amount of energy it stores in contrast to the total capacity of the particular battery. Most batteries have a suggested DOD to maintain their health.
Lithium-ion solar batteries are intense-cycle batteries that have around 95% DOD, while the other lithium-ion batteries have about 50% DOD. This generally indicates that you can use most of the energy that's saved in a lithium-ion battery without the stress of charging again and again.
Lithium-ion batteries have a high amount of DOD, so they don't require charging and recharging repeatedly, resulting in high durability and lifespan.
Furthermore, most lithium-ion solar batteries come with a lifespan warranty of about 10 years (or 10,000 cycles of a cycle life). On the other hand, Lead Acid Batteries only have 5 years of warrantied lifespan.
When you opt for lithium batteries for solar panels, you often forget about them once you install them. While it's always recommended to have your solar system professionally serviced monthly, lithium-ion batteries need no maintenance across their lifespans, while other batteries require regular maintenance.
For instance, some other batteries need distilled water to run, as this water is part of the chemical process of battery functioning. Therefore, it's important to inspect the water level regularly to ensure better battery functioning. Furthermore, it's necessary to balance the charges of each battery in the battery bank. Hence, that’s not the case for the lithium-ion batteries.
Lithium-ion batteries are highly efficient compared to other types of solar batteries. A battery's efficiency refers to the amount of usable energy you gain out of it compared to how much energy it takes to store it. These lithium-ion home storage batteries have around 85-95% efficiency.
Lithium-ion batteries have high energy density, which means they can store more power regardless of the size of the battery. So you can store more power without taking up much space. For this, our lithium-ion home storage batteries are the best.
No doubt, lithium-ion batteries come with multiple benefits, but still some disadvantages exist.
Lithium-ion batteries are probably the most expensive home storage battery option compared to the other options. Fortunately, solar battery systems have been approved for a federal tax credit, which makes them affordable.
Remember that other kinds of home storage batteries may seem cheaper, but they need to be replaced often, which can be costly overall.
Lithium-ion batteries are more prone to overheating (thermal runaway) and can catch on fire. However, the risks are there, but the chances with a professionally installed lithium-ion battery are nearly zero.
Lithium-ion batteries have emerged as the best option for solar energy storage due to their higher DOD, long life span, high efficiency, scalability, and energy density. Furthermore, the question may arise, where to buy the best lithium-ion home storage batteries? Innotinum is the best choice for any solar storage battery. They not only ensure environmentally friendly home storage batteries but also highly reliable and efficient products. So, contact them right now and book your installation.
In short, Lithium-ion batteries are the best as they store more power without taking up much space. Now you may wonder, "Are Lithium-ion batteries suitable for solar energy storage?”
Install lithium-ion batteries from Innotinum for your home solar storage and enjoy them for the rest of your life. They provide lithium-ion home storage batteries that are high capacity, lightweight, high energy density, durable, and environmentally friendly.