How much does the energy storage system cost?

The energy storage system is a 4MW, 32MWh NaS battery consisting of 80 modules, each weighing 3 600 kg. The total cost of the battery system was USD 25 million and included USD 10 million for construction of the building to house the batteries (built by Burns & McDonnell) and the new substation at Alamito Creek.

How are battery energy storage costs forecasted?

Forecast procedures are described in the main body of this report. C&C or engineering, procurement, and construction (EPC) costs can be estimated using the footprint or total volume and weight of the battery energy storage system (BESS). For this report, volume was used as a proxy for these metrics.

Are solar and battery storage a viable option for a mature home?

As much as these may sound like the considerations of a commercial fisherman, it's actually the menu of options available to energy mature homes that have invested in both solar and battery storage. According to a recent home energy framework from research firm Habitielligence, these homes are at CORE level 4 - Empowered.

Should you invest in solar & battery storage?

Investing in solar and battery storage has its challenges -- but also some big perks. Follow ZDNET: Add us as a preferred source on Google. Level 4 is the highest level of energy maturity. The most effective cost savers cut their electric bill by four. More than half believe that their home value has increased.

Should you upgrade your home's energy system?

As households climb the ladder of energy maturity, though, more of the physical system upgrades are in the rear-view mirror, and the focus then shifts to the homeowners themselves as the orchestrators of energy efficiency and cost savings. Also: The best home battery and backup systems of 2025: Expert tested

Will home energy costs rise over the coming years?

Two interesting realities have a tendency to sweeten the pot for those who haven't yet done the mental gymnastics of considering home energy investments. One reality is that most people believe electricity costs will rise over the coming years -- 73% of homeowners, according to Habitelligence research.