According to GTM Research, the U.S. energy storage market is projected to reach $3.1 billion by 2022. Since 2017, the residential segment has experienced 60.6% quarterly growth.
With the capital costs of lithium-ion based products projected to decline by as much as 36% over the next five years, the economic justification for solar plus storage in residential settings will become even stronger.
As storage continues to garner attention in the media and piques the interests of home and business owners, the number of inquiries to solar installers will continue to increase.
To assist you in fielding inquiries for grid-tied, residential storage, this primer reviews the essential differences between DC and AC coupled storage solutions, and will help you identify a quality solution based on your customer’s needs.