Backup generators used to be the go-to option for keeping your lights on during power outages.
Home batteriescan reduce your electricity costs and store extra energy from asolar panel systemso it can be used later.
The reasons why someone might choose to purchase a battery are spread evenly.
But don’t feel like you have to just pick one reason to get a home battery.
Early home battery models were designed primarily for backup power, with very little room for additional features.
But home battery technology has come a long way.
Modern options can keep you powered during blackouts while also helping you save money every day.
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These are just a few ways your home battery can help you save money on your power bill.
These are called time-of-use rates.
A home battery can help you cheat the system.
You’ll then charge your battery back up when rates go back to normal.
This cycle works even better if you have solar panels.
Most home batteries on today’s market come equipped with special algorithms designed to manage your energy for you.
Just set it and forget it.
Yoursolar panelswill generate electricity, while your battery stores it to use for later.
And that stored energy can be used for all sorts of situations.
The amount you’ll be compensated all depends on the net metering laws in the area.
And you’ll be compensated all the while.
Contact your local utility to see if they offer any VPP programs.
you’re free to portion out your battery’s energy storage capacity to reserve it for certain functions.
This is because you share ownership of the battery with the utility.
The rest will be managed by the power company.
If you’re interested in joining a VPP, contact your local utility or local installers in your area.
