Is it worthwhile charging a battery from the grid at off-grid prices?
Part of our series “What is the best strategy to maximise the Return on Investment for your battery?”
In this article we demonstrate that batteries can’t pay for themselves without being coupled with solar power.
Have we discovered a perpetual profit machine hidden within the electricity network? Those greedy electricity retailers charge a fortune for power during peak periods (right when you’re using most energy), and much less during off-peak periods (when you’re asleep). What if you could charge a battery overnight from cheap off-peak electricity, and use the battery to supply your needs during expensive peak periods? Making money during your sleep, night after night, Genius! Right?