The U.S. Residential Energy Storage System Market Dynamics
Feb 03, 2023


In the recent past, the energy storage system (ESS) in the United States experienced significant growth, especially in the residential sector, along with the rising investments in renewable energy infrastructure across the regions. Electricity consumption in residential buildings is estimated to increase during the forecast period due to increasing annual disposable incomes and the rising work-from-home trend across the United States. Energy storage systems are used for continuous power supply at homes during power outages at peak hours.

Various incentive programs across the United States are in place to support the residential energy storage market. California’s Self-Generation Incentive Program (SGIP) primarily supports the residential storage sector, and the program offers incentives to new and existing distributed energy resources. Moreover, the residential energy storage segment is likely to proliferate because of increasing technological advancements in energy storage technology, which is leading to a decline in battery prices and widespread deployment of renewable power sources. Shifting trend toward solar to enable the homeowners to save money in electricity bills. Thus, in turn is likely to proliferate the deployment of residential energy storage systems

Due to these, modern energy-storing systems (ESS) are becoming an indispensable part of renewable energy projects. The rapid growth in the renewable energy sector is expected to be one of the strongest drivers for the growth of the ESS market in United States. With the development of newer and more affordable lithium-ion batteries, the number of residential, commercial and industrial solar rooftop PV systems coupled with ESS has increased significantly. According to United States Energy Information and Administration (EIA), 71% of the total battery storage capacity in the United States was standalone, while 29% was located at a power generation site in 2020.


EverExceed newly developed EverPower residential ESS is very suitable for the American and European markets. This smart all-in-one residential energy storage system is much Safer, Smarter, and Simpler which ensures long power backup time for home, apartment, villa, or small business, small offices etc. industry. This energy storage system can be used in places where you need to ensure a reliable backup power for uninterruptible application.


Why is it safer?

This system integrates an excellent solar hybrid inverter, Lithium iron phosphate batteries with integrated BMS, high quality brand circuit breakers and SPD, intelligent heat dissipation fans and dust proof ventilators in both sides. The extraordinary 48V 100Ah EverExceed Lithium iron phosphate battery comes with an expandable modular design and up to 4 pieces of batteries can be connected in parallel (up to 20kWh), which offers users increased choices and flexibility. The lifecycle of these batteries are over 6000 cycles in 80% DOD which is currently industry leading in terms of reliability!

Why is it smarter?
The equipment comes with standard RS485 communication protocol and has options to add WiFi communication module, and the working condition and fault alarm information can be monitored remotely through the mobile phone app.


Why is it simpler?

The system is an all in one cabinet, pre-wired and factory tested, directly comes to your hand as a plug and play system. All you need to do is open this part of the cabinet and connect the AC input/output and PV input. Inside the cabinet, the design is very neat and tidy, which makes the maintenance easier and faster. We also accept OEM/ODM orders according to the customers’ requirement.

EverExceed is a global leading provider of energy storage system with 20+ years battery manufacturing experience; we have self-owned factory with advanced production lines to manufacture batteries and assemble all in one energy storage systems for residential and commercial energy storage solutions. EverExceed Empower, Energize, Exceed the Energy you Expect forever. We will focus more on the development and production of energy storage system and solar system to better respond to the rapidly growing market.





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