As a solar installer whose business has primarily relied on panel installations, the time is now to support your homeowners and adopt a new stream of income: solar battery installations.
The days of high-margin energy sell-backs are gone in California due to NEM 3.0. With these lowered rates, the payback period for California homeowners has grown from five to six years to nine or 10 years.
Seeing as sell-backs aren’t the current incentive for homeowners looking to adopt solar or add onto their existing retrofit, a shift is necessary. As the threat of rolling blackouts and grid failures rises, homeowners are looking for continuity during emergencies and natural disasters, especially for their critical medical equipment or remote workspaces. This protection against grid failures, alongside lowered electric bills, easy installation, and other benefits, is the shift that homeowners are looking for post-NEM 3.0.
As an innovative leader in the solar industry with our “fire-free” lithium-iron battery, NeoVolta works with countless installers to elevate the lifestyle of their customers. With our NV14 battery as one of your offerings, you can ensure that your clients’ critical rooms and appliances are “always-on,” even in the face of grid failures that can shut off necessary medical devices or at-home offices.
Find out how a solar battery storage system will benefit your homeowner customers, and discover how NeoVolta’s NV14 battery sets itself apart from the rest.
Solar Battery Benefits for Homeowners
Reduced Electric Bills
An initial investment in a solar battery pays off in the form of lower electric payments. As the months pass by, homeowners see the savings on their electric bills, which surpasses what they’d save with solar panels alone. There are three core ways you can help your customers save month-to-month with a solar battery storage system:
Net Metering
For homeowners who have solar panels but no solar battery storage system, their excess energy will feed back into the larger energy grid. In exchange, plenty of utility companies will offer credit for the energy sell-back, otherwise known as net metering.
However, some utility companies will actually charge a fee for net metering – or worse, don’t offer credit for backfed energy. Under these circumstances, opting for a solar battery instead of feeding energy to the grid will allow your customers to store that energy and save more money in the long run.
Plus, with California’s new NEM 3.0 standard slicing the value of energy sell-backs, more homeowners are turning to solar storage to make the most of the energy they produce.
Demand Charges
Utility companies may also implement demand charges, which are determined based on the highest amount of power drawn during a single period. With a solar battery integrated into the home, your clients can program it to provide power when their demand is high – serving to reduce those pesky demand charges.
Lower “Peak” Rates
A solar battery can also help save on time-of-use (TOU) utility rates, which assign higher costs to power use during “peak” times. This is usually during the hours between 4:00 p.m. to 9:00 p.m., but it varies. By storing excess energy during slower hours and using that energy during peak times, your homeowner clients can side-step those higher rates.
Always-On Power for Critical Devices
With rolling blackouts and grid failures becoming more common, the need for backup power is rising. Solar batteries can’t quite provide full energy independence for the home – but they can provide relief for select rooms and critical appliances during outages. This is especially crucial if your customers have medical devices that require always-on power or remote workstations that require continuity. It also provides much-needed peace-of-mind during emergencies, storms, or earthquakes that bring down the grid or during planned outages as a preventative measure.
“A solar energy storage system is crucial in establishing continuity during grid failures and rolling blackouts. By keeping those devices and appliances powered on, homeowners can gain the peace-of-mind knowing that their safety and productivity are untouchable – even in these challenging situations.”
- Brent Willson, CEO & Founder of NeoVolta
Hassle-Free Installation & Maintenance
Compared to traditional generators, a solar battery requires little maintenance and upkeep once installed. There’s no need to refuel it, because it fuels itself with solar energy throughout the day. Meanwhile, backup generators aren’t able to be refilled during blackouts since gas stations can’t pump gas when the power is out.
The installation process itself is also a breeze. Take NeoVolta’s NV14 solar battery, for example, which takes six hours or less to install in a garage or on the side of the home. It’s also weatherproof, meaning rain and hail won’t cause any damage that’d require extensive maintenance.
Federal Tax Credits & Rebates
Installing a solar battery comes with a slew of tax credits and rebates that can lower the overall price of installations. In fact, the Federal Income Tax Credit (Federal ITC) for full-on solar installations is 30% through 2032. This significant reduction in cost is pushing a growing number of homeowners to wrap solar battery installations into their solar panel projects. There are state-specific incentives as well, such as California’s Self-Generation Incentive Program (SGIP), which offers a $1,500 rebate to qualified homeowners.
Long Life & 10-Year Warranty
A solar battery, depending on the provider, will likely last for at least the next decade. Modern lithium-ion batteries are typically warrantied for at least 10 years – or 4,000 cycles – while traditional generators will last less than half of that time.
However, this isn’t the best that the solar industry has to offer. Lithium-ion batteries tend to give out after around 4,000 cycles and pose safety risks due to the flammability of lithium-ion. But these numbers wane in comparison to batteries built with lithium-iron, which is what you’ll find inside our NV14 solar battery.
NeoVolta’s Lithium-Iron Advantage
NeoVolta’s lithium-iron powered NV14 solar battery offers up to 6,000 cycles, which can last 16.5 years. In other words, the NV14 can outlast its lithium-ion competitors by 50% on average.
More importantly, lithium-iron doesn’t catch fire, posing far less of a safety risk than popular lithium-ion batteries. And when it comes to the home, the place where your customers eat, sleep, raise their children, and may also work from, keeping safety risks at a minimum is a top priority. Thankfully, NeoVolta is in tune with this truth, offering a solar battery that can reduce electric rates, keep critical devices and rooms powered on, and serve your customers for over 15 years – all without posing any risk of catching fire.
If you’re a solar installer, visit our website for more details and specifications on our NV14 battery. The future is bright with NeoVolta, because the lights always stay on.
