Battery Powered Homes Are Becoming Reality
Great thing about the batteries is that they can store energy for later use. Batteries can harness renewable energy sources and make utility companies less reliant on more expensive forms of electricity when demand runs high. Solar power, especially, tends to generate electricity only at certain times, unfortunately it is rarely in sync with a home’s needs. Battery powered homes could change that.
Meaning most of the use is in the morning and evening when people get home, while solar generates energy during the day when sun is out. Storing the generated electricity during the day when solar production is at its highest will allow us to use it when the sun sets. Generating enough energy is one part of the process storing it is something else. Solar panel technology and efficiency has gotten much better and keeps improving but to power a large house still requires bulky batteries and space to store them.
But even that technology is continually improving and getting better. After recent hurricanes, companies such as Sonnen and Tesla helped keep homes powered using batteries. Freeing people from total dependence on the electrical grid during emergencies is something that these companies strive for. They found that battery power worked particularly well when combined with rooftop solar panels.
Build It and They Will Come
Renewable energy is topic that has been in the news for the last decade and longer, but due to the technology limitation of the solar panels and storage batteries as well as the cost factor has been the holding back factor for many developers and homes owners. Real estate developer Mandalay Homes has announced plans to build up to 4,000 ultra-energy-efficient homes in Arizona. Homes will feature 8 kilowatt-hour batteries from German manufacturer Sonnen. The development could be one of the largest home energy storage project in the country.
The day of battery powered homes is coming and that’s getting closer to reality for homeowners in New York, California, Massachusetts, Hawaii, Vermont, and Arizona. Many municipalities in those states are revamping their electrical grids and turning to batteries to make them more efficient. Plans call for batteries to be tucked into the neighborhood junction box or in a substation.
The average cost of setting up the solar panel and back up batteries for running the house can be from $20,000 to $40,000 depending on the house size and needs. Many states and utility companies will help to subsidize the install which brings the cost way down. With the life expectancy between 10 to 20 years your house could be almost off the grid and pay for itself.
In Vermont, Tesla Energy and Green Mountain Power have teamed up to offer 2,000 homeowners a Tesla Powerwall for $15 a month. The 13.5 kilowatt-hour batteries, which retail for $5,500, can be used when the electrical grid is strained at maximum capacity, saving utility companies from having to use pricier forms of electricity. Those savings could then be passed on to consumers.
Sunshine State Could take the Lead.
Here in South Florida the solar powered homes could become a reality sooner than one may think. With sunshine most of the days through out the year and plenty of high-rise buildings on which to install the panels it is more feasible to do than in any other state. I strongly hope that the technology advancement keeps moving ahead in bringing the costs of manufacturing the batteries and solar panels to make it more affordable to everyone.
I work and live in Sunny Isles Beach its a city in South Florida just south of Fort Lauderdale. With so many high-rise buildings in the area the potential for solar power is endless. I truly do hope that we move faster in embracing the renewable energy to make every building in my city less dependent on the grid. It can be done! If you are interested in South Florida real estate market as primary or vacation residence give us a call 786-505-4786 or see some of the listings in the cities that we cover. See Listings in Other Cities