The cost of installing a home solar battery can be substantial and often rivals the cost of the battery itself. Here’s a comparison of these costs:
Battery Costs
- Battery Price Range: Home batteries typically cost between $7,000 and $15,000, depending on their capacity and brand. For instance, a 10 kWh battery can cost around $7,000, and a 20 kWh battery can exceed $14,000.
- Cost per kWh: The cost per kWh for the battery alone tends to be in the range of $700 to $900.
Installation Costs
- Installation Cost Range: The installation cost can vary widely, typically falling between $2,000 and $8,000, depending on the complexity of the setup and local regulations.
- Total Cost Calculation: When factoring in installation, the total cost per kWh increases. For example, a 10 kWh system might have equipment costs of $7,000 and installation costs of around $4,000, making the total around $11,000, or approximately $1,100 per kWh.
Comparison
- Relative Costs: In some cases, the installation costs can account for 10-20% of the total expense, while in others, they might add significantly more, especially if there are complexities like additional electrical work or permits.
- Breakdown: For a high-end installation, the total cost could include:
- Battery: $15,000
- Inverter: $2,000
- Labor: $8,000
- Permits: $2,000
- Total: $27,000
In summary, while the cost of the battery itself is substantial, installation costs can add a significant portion to the total expense, sometimes approaching half or more of the battery’s cost, depending on the complexity and local requirements of the installation.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/how-does-the-cost-of-battery-installation-compare-to-the-cost-of-the-battery-itself/
