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Holding on to power

batteryIn past issues we have looked at various battery storage technologies. Recently we have received some questions about the broader topic of battery storage as it affects householders. In this article, we explore the concept of battery storage and the key considerations householders and businesses need to make when deciding on its suitability and type.

Currently, many Australian households pay 20-30 cents per kWh (note: kWh is a unit of energy) of electricity, and receive 5-7 cents per kWh, both depending on their retailer. Some early adopters of solar systems may still be receiving the ‘premium’ 60 cents per kWh Feed in Tariff rate for excess renewable energy exported to the grid.

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