The Hawk
Well-Known Forumite
My home battery never got installed, despite promises by the installation company; the impression I got was that they took on far more orders than they could cope with. The two warning signs for me were that there no indications that they could go ahead even in 2023 but, more worryingly, they were starting to get some really bad feedback, so I cancelled the contract.Are you thinking of removing the battery completely, as I'd say a battery was essential nowadays? I'm guessing you also have an EV, and you're talking about night charging? If so there are longer tariffs you could spread the charging out on?
I looked at Ripple, and was interested, but decided on solar as it removed the need at source rather than a payback method plus the repayment window was rather delayed. As prices have changed though I may regret that decision.
I then undertook a review and decided that I may go down a slightly different route. The first Ripple windfarm is proving to be very successful and windfarm 2 (the one I've signed up to) should be going live this year. Windfarms (and/or solar farms) 3 and 4 are due to launch very shortly and, given the high returns now expected (due to the changing energy market), a modest increase in my current shareholding, will cover my house and increased EV usage, effectively reducing my electricity bill to zero. The upfront investment will, based on current prices, be paid back well within 3 years.
The main two benefits of home batteries, for me, were taking advantage of time of use tariffs and being able to power the house during power cuts, both of which can be provided by an EV, providing it has bidirectional charging. A raft of new EVs are due to be launched this year and next, many of which are expected to have bidirectional charging, so this is the option I'm exploring currently.
I still need to decide on the way forward for my heating (currently gas) and, as I have previously mentioned, I'm on the waiting list for Tepeo's new electric night storage combi boiler, which is due late 2023 / early 2024. If I go down this route, I can further increase my Ripple wind/solar farm holding, to achieve net zero energy costs.
And, of course, I may revisit solar panels / home batteries at a later date.