According to the latest statistics from the Microgeneration Certification Scheme (MCS), battery storage installations rose by 707% year-on-year in March 2024, exceeding 1,000 installations for just the second month in the scheme’s history. MCS’ research also outlined that 68% of the total battery storage installations in 2023 were completed in just Q1 2024 alone. Ian
As household energy bills continue to rise and grants for renewable technology become available, more homeowners worldwide are opting to power their homes with solar energy. However, you may be wondering if investing in home energy storage solutions is worthwhile and what factors to consider when choosing one. Hello Lower Bills, Goodbye Blackouts and
SUSTAINABILITY - Renewable power energy storage is as crucial as producing it. We delved into some of the main battery storage technologies. Batteries come in any form, shape, and, most importantly, chemistry. In the puzzle called energy storage systems of the future, they represent an essential piece to fully exploit the potential of renewable power
A new report by RMI says batteries are on the path to replace 175 EJ of fossil fuel demand in the power sector, 86 EJ of fossil fuels from road transport and can put at risk another 23 EJ from shipping and aviation. That equates to a phaseout of half of global fossil fuel
Battery Energy Storage Systems (BESS) are one of the pivotal components in powering Net Zero, one application of BESS is allowing the power generated from renewables such as wind and solar photovoltaic (PV) to be stored until it’s needed. This helps to minimise the amount of renewable energy generated in favourable conditions going to
Home battery storage now costs 20% less for everyone in the UK – here’s why The UK slashed value-added tax (VAT) to zero for folks installing battery storage in their homes from February 1, 2024. UK battery storage cost drops 20% This is a big deal because VAT is 20% in
Effective Feb. 1, the UK government has exempted retrofitted battery energy storage systems (BESS) from the 20% value added tax (VAT). Residential BESS are now exempt from VAT in the United Kingdom when installed either new or retroactively in conjunction with rooftop solar systems. Previously, VAT relief was only available for domestic BESS if installed together
Going back to upgrade a customer system with a bigger inverter and more batteries.
A guest post on integrating a home battery with Home Assistant.
The UK government has exempted retrofitted battery energy storage systems (BESS) from its 20% VAT, from 1 February 2024. From the Spring Statement in 2022, energy saving domestic equipment such as heat pumps and roof-mounted solar have been exempt from the VAT. BESS too were exempt, but only when installed alongside other energy-saving materials such