MicroGrid is Investing in New York’s Battery Energy Storage Market
MicroGrid Networks, one of America’s most prominent large-scale battery energy storage system developers, has confirmed a new investment into battery buildouts across New York City. The Brooklyn-based company currently has over 250 MWh of battery capacity in development in New York, roughly enough to serve the power needs of 12,500 New York homes daily.
Battery energy storage systems are becoming more common in the energy industry, but it’s not just the major players like MicroGrid that are driving things forward. On Long Island, you don’t need to rely on an industrial-sized solution to improve reliability and reduce energy costs. You could invest in a solar battery that works with your panels to deliver long-term benefits.
What are the Benefits of Solar Battery Installations for Households?
Companies like MicroGrid use battery energy storage systems to improve grid reliability and reduce costs for households and businesses. A private solar battery system for your home can deliver the same benefits for your family.
- You can avoid the high cost of time-of-day rates. Energy stored in a battery system can be deployed during peak times to reduce your electricity spending.
- A solar battery on Long Island can function as a home backup solution. There are no fumes or fuel needed to keep your lights on during a blackout.
- A local solar contractor can integrate a battery that increases your savings potential. You could send more energy to the grid, earning energy credits that offset your bill and maximize the return on investment.
As a backup and savings solution, a solar battery is the best upgrade for an existing solar panel array, and is recommended for most homes installing solar for the first time.
Long Island Solar Tax Credits and Battery Storage Incentive Programs
You may qualify for tax credits or direct incentives when installing solar panels with a battery energy storage system.
- New York State offers a tax credit worth up to 25% of the total cost of your solar and battery system. It’s limited to $5,000. This can dramatically offset the cost of switching to renewable energy.
- Many homes will also qualify for the PSEG Long Island Battery Storage Rewards Program, which provides an upfront incentive based on total battery capacity. This is capped at $6,250 per household.
Power Solutions, your local solar contractor on Long Island, can help you explore potential credits and incentives to discover the real cost of making the switch.
Making it Work for You: Talk to the Best Solar Installer on Long Island
Power Solutions is the most trusted solar panel and battery backup installer on Long Island. We serve all areas of Suffolk and Nassau County, from Garden City to the East End and North Fork.
Contact our team today to learn if a battery energy storage system is right for your home, and get your free energy savings evaluation with a cost/benefit analysis.
