Economic Assessment of Solar Home Batteries for Improved Power System and Network Security in Australia

SOLAR HOME BATTERY –ECONOMIC
ASSESMENT

 Project Objectives
 The aims of this project are to:
• Primary objectives
1. To improve the power system and network security in Australia
2. Protect the safety of line workers, installers and consumers.
• Secondary objectives
• To understand the risks that are associated with the use of solar home batteries
• Detail on how an energy storage database could provide significant safety benefits for
emergency services

Benefits of solar home batteries
 Solar home batteries increase one’s energy independence
 The solar home batteries have ability to store more solar energy
 In most cases the home solar batteries serve as a backup power in case of outages
 Solar home batteries create a sustainable energy future.
 Solar home batteries help in reducing the pressure on the electricity networks (Samad et al,
2013).

 Costs considered
 Some of the costs that are considered in the installation of a solar home battery system are;
Project establishment costs
Operation and maintenance costs
Competition cots
Ancillary database adjustment costs(Whittingham, 2012).
Operation and maintenance costs