Hi all,
I'm idly wondering about whether a second battery makes sense, and wondered how those of you who went for one made that decision...? Current system is a 5kW inverter + 1x 9.5kWh battery, on Agile and automated with HA/Predbat, which I've generally been very happy with. (Also have solar and a heat pump, but keeping things a tad simpler for now.)
My rough starter-for-ten calc is as follows:
Payback period = purchase price / (battery capacity x (normal rate - cheap rate) x 365)
Essentially this just assumes that every day I can shift a battery's worth of normal rate electricity onto the cheap rate, and that my first battery already deals with the major peak every day (it does in our case). Ignoring round-trip efficiency for now, which would make the calc a bit worse. Purchase price is a bit of a guess based on wholesale prices, and assuming not much work to install (mount, plug in, phone GE).
My conclusion is that this is very specific to tariff, as the scenarios below illustrate:
A. Octopus Intelligent Go - I've seen a few people on this forum doing this:
PP = £3,500 / (9.5 kWh x (£0.265 - £0.07) x 365) = 5.2 years - tempting.
However, our situation is more like the following:
B. Octopus Agile, weighted average unit price for us this year = 17.7p/kWh. Rough guess at what average minimum rate across the year might be = 10p/kWh.
PP = £3,500 / (9.5 kWh x (£0.177 - £0.10) x 365) = 13.1 years - much less tempting.
Does that make any kind of sense? Have I missed anything obvious/important?
With 15p/kWh export, I'm not seeing a massive benefit to storage over export for excess solar...















