Second generation of home battery systems automatically stores cheap energy for use at peak times British clean tech start-up Powervault has today unveiled the second generation of its home energy storage unit. The latest version of the technology, which is available from today, will allow householders...
British firm , Powervault , has launched a crowdfunding campaign for the release of new products as part of the launch of its next - generation home energy storage unit , which is available from this facility . The system allows consumers to store extra energy when it is available at a low price for use during peak demand and comes equipped with an emergency power socket , which will keep essential equipment operational during power outages . The batteries , which take around an hour to install domestically , will cost between £ 2.5k and £ 5k for either a lead battery or lithium ion battery of up to 6kWh . The campaign raised over £ 545k of its £ 750k target in just one day , and the company now plans to install its home heating systems in 50k British homes by 2020 , by which time , according to the CEO , the Powervault “ will be as common as a dishwasher ” .