Whether an individual needs to install batteries with a rooftop solar system depends on several factors, among which pricing is the prominent one. As per a study by the Rocky Mountain Institute, it would be economically feasible for the customers to install grid-connected solar-plus-battery systems, by 2030.
Let’s focus on the average prices of the batteries in the present scenario. The solar batteries are available in the range of 5000-7000 dollars or more. Talking in the terms of per kilowatt hour, it is in the range of 400-750 dollars.
To calculate the overall cost of the solar energy system, you need to consider factors like electricity rates of your states, along with rebates received on the system. It is also wise to calculate the return on investment (ROI) to examine the long-term savings.
For this purpose, you can use average monthly electric usage as provided by the US Energy Information Administration, which is 900 kWh of energy for every month. For the exact pricing of the rooftop solar installation in New York, connect with us.