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Does Commercial Battery Storage Maximise Return-On-Investment for Businesses?

Solar power has transformed the way businesses generate and consume energy. With the addition of battery storage to the mix, many companies are curious to know if a battery system is right for them and will maximise their solar investment.

Short answer is Yes, commercial battery storage is worth it. Solar energy is a great way to produce free energy, but what about when the sun is down or during the night? This is where commercial solar battery storage enters the ring. By having the ability to store excess energy produced during the day, businesses can tap into it at night or during peak demand times, ensuring a steady and reliable power supply for day and night operations.

Let's explore the numerous benefits of commercial solar battery storage and how it can help Australian businesses become more energy independent and reduce their reliance on the grid.

Does Battery Storage give your Business full Energy Independence?

With commercial energy storage, businesses can further reduce their electricity bills by reducing their reliance on grid energy.
Factories and Manufacturers with battery storage can continue operations in periods of grid failure, which minimises downtime and potential financial losses.

Furthermore, commercial solar battery storage also offers the opportunity for businesses to participate in demand response programs and earn revenue feeding power into the grid when demand is high, and soaking up power when supply is too high. This not only provides a financial incentive for businesses, but also contributes to a more sustainable grid by reducing strain during peak demand periods.

Commercial solar battery storage allows properties to take full advantage of their solar energy production, as well as using cheap energy instead of expensive on-peak power.

Energy renaissance BESS battery storage systems solar

Things to be Aware of when looking into Commercial Energy Storage

Various factors can play a part in selecting the right battery system for your commercial properties, including your solar production, energy consumption habits, and budget. The battery system itself should be optimal for your status and budget.

Battery Capacity

The capacity of a battery will depend on your energy demand. Businesses should assess their energy requirements and collaborate with Elite Power Group, to design the optimal battery storage system that will have sufficient capacity to meet requirements. Factors such as the size of the business, energy consumption, and future growth plans should be taken into account when determining the appropriate battery capacity.

Battery Lifespan

The lifespan of a battery system is an another factor to consider, as it directly impacts the system's long-term cost-effectiveness.

Your battery storage installer should design and install your system to be long-lasting to ensure you get the most rewards out of your systems' lifetime.
Batteries can last from 5-25 years' and can be optimised for maximum performance, or be preserved for long-life usage.

System Compatibility

When businesses have existing solar, they may wonder if a battery will be compatible. Short answer is Yes, we can retrofit battery systems to fit existing solar production.

Your installer will not only install the battery storage units, but also connect the two systems together for the optimal energy production.

Like solar, batteries are scalable and can be adjusted to meet demand.

Monitoring & Control

Businesses should consider systems that offer comprehensive monitoring and control capabilities. This allows for real-time monitoring of energy production, consumption, and battery status, enabling businesses to optimise their energy usage and identify any potential issues promptly.

Safety and Reliability

Your battery installer should design and install your energy storage systems to meet all regulatory requirements, as well as all safety measures.
To ensure maximum life and return, the system should consist of trusted battery units, such as Tesla or BYD batteries.

By considering these factors, businesses can make an informed decision and choose a commercial solar battery storage system that meets their specific needs and requirements. We work in collaboration with businesses all over Newcastle, Maitland, and the Hunter region in finding the best solutions to a range of properties.

The Future of Newcastle's Commercial Battery Storage Systems

There is an increasing trend in commercial battery storage adoption in Australia, with Q3 reporting strong numbers of storage growth.
The future of commercial solar battery storage looks promising, with several trends driving its adoption and development with various trends.

Future-Proof Battery Technology Advancements

Battery technology is rapidly evolving, with ongoing research and development leading to improved performance, increased energy density, and longer lifespans. As battery technology continues to advance, commercial solar battery storage systems will become more efficient and cost-effective, making them an even more attractive investment opportunity for businesses in Australia.

Energy Renaissance research
Energy Renaissance research

Integration with smart grid technology

The integration of commercial solar battery storage systems with smart grid technology allows for greater control and optimisation of energy usage. By leveraging data analytics and automation, businesses can intelligently manage their energy consumption, store excess energy during off-peak periods, and sell it back to the grid during times of high demand.

Emerging energy management solutions

Energy management solutions are becoming increasingly sophisticated, offering businesses more control over their energy usage and storage. These solutions enable businesses to optimise their energy consumption, track energy consumption patterns, and make data-driven decisions to maximise energy efficiency and cost savings.

Tesla BESS battery energy storage system solar newcastle
Commercial Solar Installation

Increased focus on sustainability

With growing concerns about sustainability and the need for better energy solutions, businesses are enphasising a clean branding reputation and an increased focus on self-generation and reliance.
Commercial solar battery storage systems play a crucial role in reducing reliance on finite sources and enables businesses to transition to clean, renewable energy sources.

As these trends continue to evolve, commercial solar battery storage systems will become even more advanced, efficient, and accessible, further driving their adoption and integration into businesses of all sizes.

How does Commercial Solar Battery Storage work?

Commercial solar battery storage systems work by capturing and storing excess energy produced by solar panels during periods of high solar generation. This energy is stored in the batteries, and can be discharged for various purposes, night period consumption, feeding back into the grid for high feed-in-tariff, or usage for when grid energy fails.

The process begins with solar panels converting sunlight into electricity through the photovoltaic effect. This electricity is then directed to the batteries, where it is stored as direct current (DC) energy. To convert the stored DC energy into alternating current (AC), which is the standard form of electricity used in buildings and appliances, an inverter is used.

The inverter converts the DC energy into AC energy, allowing businesses to use the stored energy to power their operations. Additionally, the inverter ensures that the excess solar energy produced during the day is sent back to the grid, earning businesses credits or revenue through net metering or feed-in tariff schemes.

The stored energy in the batteries can be used during peak demand periods, when electricity prices are high, or during power outages, ensuring a reliable power supply and minimising the reliance on the grid. By effectively managing energy production and consumption, businesses can optimise their energy usage, reduce costs, and contribute to a more sustainable energy future.

Trina Solar storage BESS energy battery

Frequently Asked Questions about Commercial Battery Storage

Conclusion: The future of Commercial Solar Battery Storage

Commercial solar battery storage is a game-changer for businesses, providing properties with reliable and sustainable power, cost savings, and the opportunity to participate actively in the energy market. By maximising the use of solar energy, businesses can reduce their reliance on the grid, lower their operational costs, and contribute to a more sustainable energy future.

As advancements in battery technology and smart grid integration continue to evolve, commercial solar battery storage systems will become even more efficient, cost-effective, and accessible. Businesses of all sizes will have the opportunity to harness the power of the sun and take control of their energy usage, leading to increased energy independence and a greener bottom line. Embracing commercial solar battery storage is not only a smart business decision but also a step towards a more sustainable and resilient future.

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