Should a single-family home have a microgrid?

“A microgrid for a single-family home typically includes solar panels, backup battery storage, inverters, and possibly a generator for additional resilience,” explained Troy Dunnington, a smart energy and lighting design consultant in San Diego.

Why are homeowners interested in microgrids?

“Across the country, homeowners are increasingly interested in microgrids due to a combination of factors that include rising energy costs, concerns about grid reliability, and a growing emphasis on sustainability and environmental responsibility,” he added.

How big is the residential microgrid market?

Residential is still a small slice of the $26.9 billion global microgrid market, (a 2022 figure) projected to reach $63.2 billion by 2030, according to MarketDigits, but it’s a growing one. “Our inquiries for battery back-up have skyrocketed in the last 12 to 18 months.

Are microgrids a good idea?

As this happens people will be looking for other alternatives, along with the safety and security of producing your own power.” Microgrids are certainly popular among luxury builders and homeowners, but that popularity is spurring some economies of scale and competition that make them more feasible at more price points.

Who is Bermuda Engineering Company Limited?

Bermuda Engineering Company Limited was founded in 1935 by Gordon Hamilton Burland, a Bermudian renewable energy pioneer and engineer. Back then, he built the first clean energy microgrid in Bermuda and demonstrated bold energy leadership for his time. In 2010 the company was reinvigorated and has been operating as BE Solar since.

Do condo owners need a microgrid?

Condo owners have additional considerations with homeowner association rules. Price can be a factor for some households, even with incentives. “Homes with extremely high energy demands may require larger and more expensive microgrid systems to meet their needs effectively,” Dunnington pointed out.