So ecoflow has come out with some crazy product that lets you offset your energy usage by using Solar. The target audience for this specific tech is apartment and rental units. (Anker is also currently working on one, but I think their product is only available in Germany at the moment)
While this can’t/isn’t designed to run your whole home, it can offset some of your energy usage, and since it utilizes a standalone backup battery you do have some small off grid redundancy.
What are the thoughts on this? Is distributing solar and batteries to potentially every appartment and environmental mistake? Or is this potentially a massive step towards a function and sustainable future grid?
But if your expense for the power station is higher than what you will save on the electricity bill you are actually losing money. Especially if you consider batteries lifetime, you can risk throwing the whole thing away before you saved enough bill money to recover the expense. So there are cases in which simply paying the bill is cheaper. I did the math a while back for my house and I would break even in like 7 years, which gives me only 3 years of actual saving before the battery wears out.
This has been my problem, the cost vs savings doesn’t math yet. It gets a little closer every time I check though.
These systems do not have batteries. But yes, you need to carefully calculate your possible power-bill savings against the investment costs of the system. Typically they will only slowly repay their costs over some years and not actually save you much.