More and more consumers are going solar and adding energy storage to their homes. On the EnergyBin exchange, new and used ESS units now comprise 6 percent of the 6.2 million items listed for resale.
Wood Mackenzie expects residential storage capacity to grow by roughly 88 percent this year. In 2027, the overall U.S. residential storage market will increase fourfold. Yet, the average retail price of a battery unit ranges from $13,000 to $18,000, according to EnergySage, which can be cost-prohibitive. Furthermore, many consumers question the recyclability of battery systems. A non-spillable, non-gassing AGM lead-acid battery can power most homes, costs less than new, and is 100 percent recyclable.
In this webinar, John Kincaide, President at 2ndLife Batteries®, will discuss the economic value of reusable lead-acid batteries for home energy storage and their end-of-life management parameters.
By viewing this webinar, you will learn:
- Overview of the ESS residential market
- Non-spillable, non-gassing AGM lead-acid battery units compared to other ESS solutions
- End-of-life management for lead-acid batteries
Watch on demand:
Duration: 38:46 minutes
John Kincaide is the President of 2ndLife Batteries®, a company he founded in 2016. He comes with decades of experience in computer software, computer-telephony, and battery technical sales. John’s core ability to actualize unforeseen business opportunities is the basis of his serial entrepreneurship. His vision is to extend the useful life of advanced batteries, realizing new value for all stakeholders. John started 2ndLife Batteries® to provide energy storage project development by using certified, affordable, reusable lead-acid and lithium-ion batteries. Since 2016, the company has provided 9.00 MWhs of energy storage for off-grid and grid-tied systems. Affordability enables energy applications that were once out of reach for small to medium-sized businesses to be attainable now.
Thomas Hennessey is the Business Development Manager at EnergyBin. He is committed to accelerating a robust and sustainable secondary market and expanding the network on EnergyBin. On the platform, Thomas connects buyers and sellers of solar equipment around the world. Thomas received his bachelor’s degree from the University of Georgia in 2016, focusing on marketing, specialized sales, merchandising, and operations. He has over five years of experience in B2B sales and marketing. He began working at EnergyBin in early 2021 and is eager to be a part of the overall push towards renewables, particularly focusing his advocacy on reuse and recycling.