Cost considerations

As with any significant purchase, it’s important to understand the whole-of-system cost. Where batteries are concerned some of these can include:

  • the battery
  • the inverter: to convert DC to AC power for use in the home
  • a battery management system: this is an electronic system that manages the safe operation of your battery by telling it when to charge and when to power your home. Some battery management systems come with an app that shows you what your battery is doing at any given time
  • installation: such as the installer's labour and any siting or battery casing requirements
  • wiring or retrofitting: for example to a solar system, or for use as a battery back-up system
  • ongoing maintenance
  • end of life recycling and/or disposal