why are electric cars more financially viable than home batteries?

202 views

why are electric cars more financially viable than home batteries?

In: 0

5 Answers

Anonymous 0 Comments

For grid-connected houses, batteries need a big difference between the cost of peak-period electricity and off peak to pay for themselves. In most places, the cost of the batteries and installation means the economics don’t work yet. As peak electricity prices rise, and as more solar panels push the price of midday electricity down, batteries will become worthwhile investments.

You are viewing 1 out of 5 answers, click here to view all answers.