Whether you are an electrician or just someone looking to upgrade your electrical system, an inverter battery may be an option worth considering. Inverter batteries are not as common as traditional batteries, but they have become more popular in recent years due to the many benefits they offer. Before you go out and buy one, take some time to consider your needs and how much you should expect to pay for inverter batteries. By keeping these factors in mind, you can be sure to get the best value possible.
Factors Affecting Cost of Inverter Batteries
Generally speaking, the cost of an inverter battery is dictated by a couple of factors. One thing that determines how much you will pay for your battery is how long it will take to recharge. Obviously, if you only need ten minutes of power and your battery needs thirty minutes to recharge then you will be spending twice as much as someone who needs 30 minutes or less of power.
Another factor which affect the cost of inverter batteries is its voltage compatibility and discharge rating which we examine in more details shortly.
Inverter Batteries vs Traditional Batteries
The different types of batteries come with their own advantages and disadvantages. Understanding what these are can help you decide which one is best for your needs. Knowing the basics of inverter batteries can help in picking the correct size battery for your needs. One thing to keep in mind is that, while inverter batteries prices may be high, they usually last much longer than traditional deep cycle batteries.
Inverter batteries prices will vary depending on the capacity of the battery as well as the quality. Traditional batteries are typically cheaper but they also do not have a very long lifespan or store a lot of power.
Cost Breakdown For Different Types of Inverter Batteries
Choosing the right battery can be hard, especially if you do not know the price of the different types of inverter batteries. Luckily, I have researched prices for each type of inverter battery out there!
Lithium-ion Inverter battery
Lithium-ion Inverter battery can range anywhere from $170 – $225 for a good quality. If you’re shopping around for inverter batteries, knowing these prices will help you narrow down your options and save time and money. When it comes to getting the best bang for your buck, look for batteries that are high in power but low in size. Low cost lithium ion battery packs are best used as emergency backups because they typically have less storage capacity than their higher priced counterparts. They also charge quickly and require little maintenance when compared to other types of inverter batteries.
Metal Hydride (NiMH)
The most expensive inverter battery is nickel metal hydride (NiMH) with an average price tag of $180 per unit. These heavy duty batteries provide extended runtime. They do take longer to charge up, so keep that in mind before making your purchase! With all the costs in consideration, it’s easy to see why lithium ion battery packs are at the top of many homeowners’ lists.
But which should you buy?
The first thing to consider is how much use your system will get. If you plan on using your solar panels once every few months, a small pack may be perfect for your needs. For more frequent use cases, like powering through hurricanes or unexpected blackouts during storms, investing in bigger inverter batteries might make more sense since they will last longer during continuous use and still hold enough juice to get you through at least one blackout!
Cost Breakdown For Inverter Battery New Installations
There are a number of factors that affect the cost of inverter batteries, but is good to get a general idea of what you can expect. Here are a few prices for inverters batteries and the equipment needed for an installation.
For a 240-volt system, add $400-$700 in costs for installers and components (plus another $100-$300 per battery).
For 400-volt systems, add $600-$900 in costs for installers and components (plus another $200-$400 per battery).
For 480-volt systems, add about $900 in costs for installers and components (plus another $400-$600 per battery).
Inverter batteries prices are complicated, but it’s worth your time to do the research and understand what you’re spending money on. The price will vary based on features such as voltage compatibility and discharge rating. On average, expect to spend about $150 for a 1000 Watt-hour battery. This price does not include shipping costs, taxes, and additional fees that may be incurred by online retailers.