Consumers use dollars per watt to understand the payback period for their solar investment. NREL analysts realized that creating a similar way to understand the value of investment in storage could help drive the market. However, storage can be paired with solar for many reasons (load-shifting, resiliency, etc.) so the equation is more complicated.
NREL released a report to serve as a benchmark and plans to do more research to address the economics of installing solar+storage.
Solar Powered Homes, Agricultural Lands, Commercial and Manufacturing Buildings.
When you have a manufacturing or residential roof space, building top floor open space, or any ground area that can have space for solar panels, then you have all the reasons to benefit from the sun’s free energy.
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