Installed battery technology costs $300/kWh, which equates to roughly a 25c per kWh residential rate at the home. Although experts anticipate cost declines down to $100/kWh by 2025, batteries remain expensive than other generation resources. However, the economic picture improves in a rising fuel price market. Generally, any producing or curtailment asset behind the meter lowers delivery charges. Battery applications will likely be part of the solution in the near future.
Commercial and residential consumers of electricity all possess the ability to optimize commodity consumption, yet often lack the education and systems to do so. The end solution remains fragmented and serviced by multiple profit centers. Successful automation for commodity utilization yields below market rates for retail electricity and fuel. Empowering the retail consumer by creating the full economic experience is the next disruptive phase of electricity pricing.