Inverter batteries are vital when one wants to shift power usage toward sustainability. After all, they store the energy from the power grid to provide a steady flow of current when needed. Currently, lithium-ion battery-powered inverters are in the limelight for all the right reasons.
So, if you are planning to buy an inverter, it’s a wise step to opt for a lithium-ion battery-powered inverter. The reasons are many – it’s highly efficient, super safe, has a longer shelf life, and has futuristic features. However, the only thing that might impact your decision is the lithium-ion battery price.
Compared to traditional inverters, lithium ion battery-powered inverter is a little expensive. But again, that is entire because it is better. You can, however, save some money by understanding the various factors that affect the inverter with lithium ion battery price.
Below is a list of all those factors. Read and decide accordingly.
Top 6 Factors Affecting Inverter with Lithium Ion Battery Price
The capacity of the lithium-ion battery is measured in watt-hours (Wh) or ampere-hours (Ah), and this can have a significant impact on the price of the inverter. If you are buying a small capacity system, the inverter with lithium-ion battery price would be lesser. It would go higher as you pick a larger battery capacity.
In this case, the best way to avoid miscalculation is to choose the right capacity by calculating how much energy you require in a year. Then, consult the experts to have a clear idea of which capacity is suitable based on your needs.
Not many people know, but there are different types of lithium ion batteries. Your inverter with Lithium ion battery price would then also vary based on which type you are using.
Some inverters use lithium iron phosphate (LiFePO4) batteries, while others use lithium cobalt oxide (LiCoO2) batteries. LiFePO4 batteries tend to be more expensive than LiCoO2 batteries. So, read the specifications before making a purchase.
This is a no-brainer. The more features your inverter will have, the higher its cost will be. You can select which features are crucial and which are not. Some of the features that can increase your inverter with lithium ion battery price are advanced ones like remote monitoring, compact design with LCD display, and faster charging. These features can make the inverter more expensive than the basic models.
If there are no budget constraints, we would suggest you pick the one with features like the LCD display and faster charging since that can highly impact the life cycle and efficiency of the inverter.
4. Brand and reputation
The brand you are selecting can also impact the inverter with lithium ion battery price. Typically, brands that have a well-established reputation for producing high-quality inverters and have good after-sales service can charge more for their products.
That being said, such brands also offer lucrative offers and excellent after-sales service to make their product worth every penny.
5. Installation costs
The overall cost of your inverter does not just consist of an inverter with a lithium ion battery price. You also need to keep in mind the inverter installation cost. This can vary from one place to another and can affect the overall price you pay for the system.
Thankfully, brands like Luminous India offers free installation nationwide on the purchase of their new Li-On inverter series. If you want to save on installation costs, this is a good choice.
The Bottom Line
Done reading? Well, now you understand that it’s important to evaluate the factors that affect inverters with lithium ion battery prices if you wish to spend wisely. Just keep in mind that it is a long-term investment. The best inverter is going to give you a higher ROI in the future.