Do You Need a Home Battery?
Home batteries are most valuable when: (1) you have solar panels and want to use power after dark, (2) your utility has time-of-use rates with expensive evening peaks, or (3) you want backup power during outages.
Popular Home Batteries
- Tesla Powerwall 3: 13.5 kWh, ~$11,500 installed
- Enphase IQ Battery 5P: 5 kWh (stackable), ~$5,000/unit
- Franklin Home Power: 13.6 kWh, ~$10,000 installed
Battery Tax Credits
Standalone battery storage now qualifies for the 30% federal tax credit under the IRA (as of 2023), even without solar panels.