Is solar energy storage cost-effective for home use

What are the benefits of rooftop solar and battery storage?

Rooftop solar and battery storage can reduce energy costs and provide affordable back-up power for over 60% of US households, but benefits often bypass the high outage risk and disadvantaged communities most in need.

Are solar and battery systems viable?

Despite growing interest, the viability of solar and battery systems for providing cost reduction and outage backup across diverse US households and regions remains understudied. The alignment between system viability and areas of greatest need receives little attention, as do equity considerations in access to such systems.

Do solar-battery systems reduce energy costs?

On average, households achieve a 14.7% reduction in electricity costs or cover approximately 50.5% of their essential energy needs during outages, underscoring the substantial potential of solar–battery systems to enhance energy affordability and resilience for households.

Can a household save money on electricity costs?

We find that 60% of households could reduce electricity costs with average savings of 15%, whereas 63% of households could achieve affordable back-up power during power outages covering an average of 51% of their essential energy needs.