When installing a solar battery bank, choosing the right battery chemistry is essential. Battery chemistry impacts your battery bank’s performance, cost, lifespan, and even its overall safety. Different battery chemistries provide different advantages and disadvantages, and it’s important to compare them all so you can make the best choice for your needs. Keep reading for a comparison of 3 different battery chemistries commonly used in solar batteries.
Lithium Iron Phosphate Batteries
Also known as LFP or LiFePO4 batteries, the lithium iron phosphate chemistry provides this battery type with a very impressive lifespan. They can last for up to 10,000 charge-discharge cycles in some cases, which is significantly longer than lead-acid or other lithium-ion chemistries. This battery chemistry is also highly stable and resistant to overheating, which reduces the risk of thermal runaway and battery fires. LFP batteries also rank high in terms of round trip efficiency, with ratings between 90% and 98%, as well as in depth of discharge, with most LFP batteries capable of discharging 80% to 100% of their stored power with significantly impacting their lifespan.
On the downside, LFP batteries do have a higher initial cost than lead-acid options. They also have a lower energy density, which means they’ll be larger than a lot of other lithium-ion chemistries. If you have limited space for a battery bank, and want to fit in as much power storage as you can, LFP may not be the best option.
Lead-Acid Batteries
Lead-acid batteries come in a few varieties, including both flooded and sealed AGM batteries. Overall, lead-acid options have a lower upfront cost than lithium-based batteries, and these battery types have been used for decades in a variety of applications. This means they’re widely available and easier to service and properly dispose of at the end of their life.
However, lead-acid batteries have a short lifespan, only lasting for 500 to 1,500 cycles. Their efficiency and depth of discharge are also lower, significantly increasing the long-term cost of ownership for these batteries. Flooded lead-acid batteries also require regular water refills and venting of dangerous gases, so they’re a high-maintenance choice.
Lithium Nickel Manganese Cobalt Batteries
NMC batteries have a very high energy density, storing more power in a smaller space, so they’re a great option for homes with limited storage space. They offer a good balance of power, energy capacity, and efficiency.
However, they’re more prone to thermal runaway than LFPs and require extra safety measures. They have a mid-range lifespan, so they’ll last longer than lead-acid batteries, but will need more frequent replacement than an LFP battery.
Ultimately, though LFP batteries are the most expensive choice, they provide the best performance and have the longest lifespan, so choosing to buy HomeGrid LFP batteries will have a lower long-term cost for your energy storage.