Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is sometimes called an accumulator or battery #NowYouKnow

Bloomberg estimates that at least 50,000 California households will install storage systems in 2020.

This growth will be aided by a perceived need for backup power after last year’s widespread and lengthy outages. Also, data shows that customers installing solar are willing to pay a premium to add storage for backup.

So far, residential storage sales have been low in the state but have quickly increased due to generous subsidies, time-of-use tariffs and solar companies eager to upsell.

Editorial Team
The Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with data and insights to deliver useful news updates. We are experts with the mission to inform, educate and inspire the industry. We are passionately curious, enthusiastic, and motivated to positively impact the world. Send us a tip via hello @ pvbuzz [dot] com.

Global carbon emissions remained flat last year, says IEA report on CO2 emissions

Previous article

Tesla ramps up Solarglass installs in California—hints Europe/China expansion

Next article

You may also like


Comments are closed.

More in News