{"id":12147,"date":"2024-04-03T17:02:35","date_gmt":"2024-04-03T17:02:35","guid":{"rendered":"https:\/\/aurorasolar.com\/?p=12147"},"modified":"2024-04-03T17:22:50","modified_gmt":"2024-04-03T17:22:50","slug":"2024-solar-snapshot-trends-battery-storage-for-self-consumption","status":"publish","type":"post","link":"https:\/\/aurorasolar.com\/blog\/2024\/04\/03\/2024-solar-snapshot-trends-battery-storage-for-self-consumption\/","title":{"rendered":"2024 Solar Snapshot trends: Battery storage for self-consumption"},"content":{"rendered":"\n

Aurora recently launched our 2024 Solar Industry Snapshot<\/a>. It brings together three distinct data sources \u2014 Aurora proprietary project data, installer research, and homeowner research \u2014 to provide, well, a snapshot of where the residential solar industry is now. More than that, it gives us a look at things to watch in the future. <\/p>\n\n\n\n

In this blog, we\u2019ll look at one of the most potentially game changing findings: The rise of battery storage for self consumption<\/em>.\u00a0<\/p>\n\n\n\n

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Click above to go right to the Solar Snapshot.<\/figcaption><\/figure>\n\n\n\n

First, a little background. Perhaps you\u2019ve heard of California\u2019s Net Billing Tariff, aka NEM 3.0? Yes? Well, we don\u2019t need to rehash everything here (but, for some background, we do here<\/a>), so let\u2019s just say: When NEM 3.0 was announced, there was a rush to get grandfathered in NEM 2.0, then a slowdown in installations when NEM 3.0 took effect.\u00a0<\/p>\n\n\n\n

But, as is often the case, policies intended to slow solar down<\/s> that just so happen to affect solar negatively may work to slow down installs in the short term, but in the long term solar is undeniable. Solar installers are innovative, and they\u2019re already innovating.<\/p>\n\n\n\n

One potentially game changing innovation is battery storage for self consumption. <\/p>\n\n\n\n

Traditionally, when we thought of batteries, it was for backup power, like a generator \u2014 a better, less polluting, more efficient generator. <\/p>\n\n\n\n

But, with time-of-use rate structures that penalize those with solar panels for exporting power during the day, then penalize people again for using energy from the grid during peak evening times, a novel use case for batteries is developing: storing solar energy in a battery during the day, and using it at peak times can drive real ROI.\u00a0<\/p>\n\n\n\n

We\u2019re already beginning to see the impact of this trend. Let\u2019s look at another set of numbers, this time, it\u2019s data from EnergySage<\/a>:<\/p>\n\n\n\n