For a 1MWh battery energy storage system, Energetech Solar offers a system with a price of $438,000 per unit for a 500V - 800V system designed for peak shaving applications. There are also quantity discounts available, with the price dropping to $434,350 for purchases of 3 - 9 units and to $431,000 for purchases of 10 or more units.
Larger containerised projects (100 kWh+) can come in at $180–$300/kWh (~£140–£240/kWh). Crucially, this reflects a wider trend: According to BloombergNEF, average lithium-ion battery pack prices have plummeted from $780/kWh in 2013 to $139/kWh in 2023, an 80%+ decline that underpins the falling costs seen in the UK market today.
In the UK, residential-style battery systems typically range from £900 to £1,020 per kWh installed for smaller units, dropping to around £590 per kWh for larger (11–30 kWh) systems. According to Solar Power Portal, over 22,000 domestic batteries were installed in the past year, with costs continuing to fall as uptake scales.
While it's difficult to provide an exact price, industry estimates suggest a range of $300 to $600 per kWh. By staying informed about technological advancements, taking advantage of economies of scale, and utilizing government incentives, you can help reduce the overall cost of your battery storage system.
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