Buying a rooftop solar array and battery storage system is about to be as easy as purchasing a kitchen table at Ikea in the United Kingdom. Ikea customers can now purchase and install residential systems that combine Solarcentury’s photovoltaic panels with LG Chem lithium-ion batteries in 3.3 kilowatt-hours or 6.5 kilowatt-hour configurations. The combined system can save customers an estimated $730 a year on power bills, according to Ikea.
“Battery storage is set to completely revolutionize the home energy market, with solar home owners now able to maximize the amount of solar-generated electricity that they can store and use in their own homes. We believe IKEA and Solarcentury are offering the most competitive package on the market yet, so more people than ever before can profit financially and environmentally from investing in solar,” Susannah Wood, head of residential solar at Solarcentury.
Installation of the complete system starts at $9,000, while retrofitting a battery system with an existing rooftop installation will cost customers around $6,600. The battery storage and solar system is available now online and will roll into Ikea stores throughout the UK at the end of 2017. Additionally, preferred Ikea customers or “family members” can purchase and install solar at a 15 percent discount.
The average power bill in the UK costs customers approximately $762 a year, according to the UK’s Department of Energy and Climate Change. Installing a solar-plus-storage system can cut customer’s electricity bills by up to 70 percent. Ikea says the savings provided from installing the combined system can help pay it off in 12-years at a 6 percent return.
“At IKEA we’re always looking for ways to help customers take positive actions at home for both the environment and their wallets. We know that our customers want to live more sustainably and together with Solarcentury we will help them to get more value from their solar panels and do just that. With energy bills already going up 15% this year, there’s never been a better time for customers to take back control of their electricity bills and maximize their savings by switching to solar and solar storage,” said Hege Saebjornsen, country sustainability manager, Ikea UK.
Ikea has a comprehensive goal to become energy independent by 2020 by investing over $2.5 billion in renewable energy projects around the world. The furniture giant has installed rooftop solar at 90 percent of its US retail locations for a total of 44 megawatts, ranking it 7th among US businesses for installed solar, according to the Solar Energy Industries Association’s 2016 Solar Means Business report.Tweet