LiHUB Energy has talented engineers and battery experts to answer any and all frequently asked questions you might have over the course of your switch to renewable energy storage.
In this section we have compiled Lithium-ion battery facts, frequently asked questions, and tutorials. We want to help you understand our energy storage and how to implement them in a system that's right for you.
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Risk of Power Outages: Today’s electricity grid is increasingly vulnerable to threats from nature, terrorists, and accidents. Millions of families and businesses are victimized by outages (both sustained and momentary) each year. Power outages hit the job-creating commercial and industrial sectors the hardest.
Clean Energy Integration and Energy Independence: Energy storage supports the integration of renewable energy generation. Energy storage can also help cut emissions as it takes more of the load off fossil-fuel generation. Peaking generation is one of the most costly and wasteful aspects of the grid, so making existing generation go further and avoiding capital and resource-intensive new facilities would make a significant contribution to our environmental priorities.
Saving Consumers Money: Energy storage systems can let customers avoid premium pricing that utilities charge during times of peak demand. That’s like getting a cheap airline flight on Thanksgiving or a rush-hour subway pass at an off-peak price.
Yes. Energy storage has been a part of our electricity grid since the 1930s. In fact, energy storage makes up approximately 2% of electricity generation capacity, and enjoys a safety record that is similar or better than other electricity generation, distribution, or management methods.
Theoretically, a home energy storage can power your home until the end of time, when paired with solar panels. Solar panels power your home during the day and recharge the energy storage, and it powers your home at night. Without solar panels, the duration of power will vary depending on the size of your energy storage and how much energy you use. In general, we advise homeowners to size their system to provide at least 12 hours of backup power.
Traditional generators are cheaper upfront, but with ongoing maintenance and fuel costs, a home energy storage is usually more cost effective over the long run. For example, traditional fossil fuel generators require constant supply of natural gas, diesel, or propane, and yearly maintenance to keep all the moving parts working. Service agreements for standby generators can exceed $1000 per year. A home energy storage requires no fuel or planned maintenance. Moreover, all home batteries purchased through LiHUB Energy with a 10 years warranty, this is far longer than the length of warranties for traditional generators.
Finally, home energy storages are simply a better backup power source. They are automatic, silent, and clean, and when paired with solar panels, they provide backup power through even the longest outages.
Absolutely. A home energy storage can pay for itself in just a few years in certain areas. Whether and how much money you can save depends on where you live. In some areas, electricity prices are much higher during certain periods of the day, and a home energy storage can charge when electricity is cheap and discharge during those peak rate periods, saving you money every day. In other areas, a home energy storage can enhance the value of solar panels and save you even more money than solar panels alone.
Totally. A home energy storage can not only save you money, but it can make money for you by providing valuable services to the energy grid. You can let energy company to discharge the battery when you don’t need it and the energy company needs your energy to address grid problems. By providing these “energy grid services,” you help the energy company reduce the use of fossil fuel-powered plants and increase the use of clean energy, like solar and wind. And you get paid, all without changing your energy usage.
Yes. A home energy storage does not affect net metering or the amount you get paid for energy you send back to the energy grid. In some circumstances, a home energy storage may reduce the amount of energy you send back to the energy grid, because it allows you to store excess solar energy for use when you need it after the sun goes down. But for any energy your solar panels send back to the energy grid, you will be compensated the same as without a home energy storage.
Yes. Home energy storages come in several sizes. All our models are modular, meaning that they can be combined to create larger systems. For example, our Li+HUB E series ranges in size from 5 kWh to 30 kWh, in 5 kWh increments. In this way, home energy storages are like many of the appliances in your home, from air conditioners to water heaters: they vary in size and can be sized to fit your needs.
Home energy storages require installation by a licensed electrician. If you’re not a licensed electrician, we can recommend an approved installer to handle the design, permitting, installation, and maintenance of your system.
Home energy storages require installation by a licensed electrician. If you’re not a licensed electrician, we can recommend an approved installer to handle the design, permitting, installation, and maintenance of your system.
A home energy storage installation is relatively simple. The energy storage itself is mounted on the wall or on the floor near your main electrical distribution panel. The appliances and rooms that you want to backup are then rewired from your main distribution panel to a critical loads panel adjacent to the energy storage. If you have solar panels, they are also rewired to the critical loads panel. The energy storage is then connected to the energy grid through the main panel, and to the critical loads and solar panels (if any) through the critical loads panel.
The cost of installation will vary significantly from house to house, depending on the type and size of your home energy storage, the amount of electrical work required to back up your critical loads, and other factors. The cost of installation includes labor and other components, including the critical loads panel, disconnects, wires, and other materials. In general, installation costs begin around $1,000.
Different types and sizes of home energy storages vary in price from a few thousand dollars up to tens of thousands of dollars. In general, a smaller capacity battery with lower cycle life is more affordable than a larger battery with a longer cycle life.