1.Energy Independence & Reduced Grid Reliance: Store excess solar energy for nighttime or cloudy days, minimizing dependence on the grid
2.Cost Savings: Lower electricity bills by optimizing self-consumption of solar power and avoiding peak tariffs
3.Backup Power During Outages:Provide uninterrupted power during grid failures, ensuring critical appliances (e.g., medical devices, refrigerators) remain operational
4.Enhanced Energy Efficiency:High charge/discharge efficiency (e.g., lithium-ion batteries achieve >90% efficiency), minimizing energy waste