Rising energy prices and home batteries: control your energy bills

Since the end of February, the energy market has been in turmoil, with rising prices for petrol, gas, and electricity. Households with a dynamic energy contract are feeling the effects immediately. Rising energy prices and home batteries are therefore hot topics: by generating your own energy with solar panels and storing some of it in a home battery, you can gain more control over your energy costs. In this article, we explain how this works and why it is particularly relevant for households right now.

Why energy prices are rising so quickly

Prices for electricity, gas, and petrol are rising due to a combination of global unrest, shortages, and higher fuel costs. When demand exceeds supply, energy suppliers raise their prices. For households with a dynamic contract, this can mean that electricity prices fluctuate significantly by the hour or quarter-hour, which can result in an unexpectedly high energy bill.

Solar panels: energy from your own roof

With solar panels, you generate your own electricity. This makes you less dependent on the energy market and reduces the amount of electricity you need to buy from the grid. In this way, you benefit from sustainable energy, lower your energy costs, and limit the impact of rising energy prices on your household.

Rising energy prices and home batteries

A home battery allows you to store the electricity you generate during the day for later use, for example in the evening or on cloudy days. You can even purchase electricity from the grid at times when the energy price is at its lowest that day. This allows you to make the most of your own energy, reduce your energy costs, and be less vulnerable to price fluctuations in the energy market. This provides extra security and stability, particularly with a dynamic contract.

Fixed-term contracts are scarce

Few energy suppliers currently offer fixed-term energy contracts. Due to the uncertain market and high gas prices, fixed rates are often only available temporarily or on a limited basis. For households that generate and store their own energy, this means you can largely avoid the impact of rising energy prices. Dynamic or variable contracts are increasingly becoming the norm, making solar panels and a home battery particularly valuable right now.

Less vulnerable with a home battery

Due to feed-in tariffs, many people with solar panels have switched to dynamic contracts, as these do not incur additional costs for feeding electricity back into the grid. However, without a home battery, this can now prove to be quite expensive. A household with solar panels and a home battery is much better prepared: you manage your own energy, have control over your energy costs, and are less dependent on external price shocks. There are already days when electricity costs around €0.50 per kWh in the evening with a dynamic contract! In short, by storing your own energy, you are far less vulnerable in this uncertain market.

Are you interested in solar panels or a home battery? Request a no-obligation quote from us and discover what’s possible for your home.