Golden Globe today announced the launch of its new Home Battery Storage solution, an affordable energy storage system aimed at helping consumers across England reduce their electricity bills and combat rising energy prices. This innovative offering allows homeowners to store inexpensive off-peak electricity and use it during high-rate periods, providing relief as energy costs continue to climb. With UK energy bills still about 50% higher than they were before the recent energy crisis and analysts warning of further increases in coming years, Golden Globe’s home battery system comes at a crucial time for households seeking long-term savings and security.
Building on Golden Globe’s expertise in solar energy solutions, the new Home Battery Storage can be installed as a standalone unit, without the need for solar panels or integrated alongside a solar PV system. This flexibility makes it ideal for customers who may find solar panels impractical or too expensive (for example flats or heavily shaded properties), as well as existing solar homeowners looking to maximize self-consumption of their solar generation. By charging the battery during low-cost off-peak hours (for example, overnight on a dual-rate tariff) and discharging during peak times, consumers can drastically reduce their use of peak-rate electricity. In fact, a typical 5 kWh home battery charged on off-peak power each day could save an average household roughly £375 per year on electricity bills. Over the battery’s lifespan, this amounts to several thousand pounds in potential savings.
Key benefits of home battery storage for consumers include:
- Lower Energy Bills: Store cheap electricity when rates are low and use it during peak hours, cutting monthly bills significantly. Home batteries enable households to “buy low, use high,” leveraging time-of-use tariffs for maximum savings.
- Protection from Price Rises: Gain more energy independence from the grid. Using stored power protects customers from future price hikes and provides cost stability amid uncertain energy markets.
- Solar Integration (Optional): While effective on its own, the system also works with solar panels storing excess daytime solar energy for use after daylight – thereby increasing solar utilisation and further reducing grid consumption. (Notably, 94% of new solar installations in the UK now include battery storage, which shows the growing trust in this technology.)
- Backup Power Capability: The battery can serve as a backup power source during outages, keeping essential appliances running. Although lengthy blackouts are rare in the UK, this feature offers homeowners additional security and resilience for critical needs.
- Environmental Impact: By smoothing out peak demand, home batteries ease pressure on the national grid when it’s most strained and help reduce reliance on fossil-fueled peaking power plants. This contributes to a lower carbon footprint for the community and supports the UK’s broader clean energy goals.
The Home Battery Storage units are available in multiple capacities to suit different property sizes and energy needs, with prices dependant on the property size. Thanks to recent government incentives, home battery installations are now more affordable than ever – since February 2024, the UK has eliminated VAT (previously 20%) on energy storage systems as part of its strategy to encourage renewable technologies. Additionally, Golden Globe is offering flexible financing plans of up to five years to spread the cost of the battery and installation. Customers will have the option to pay in installments, making this solution accessible to a wider range of households without heavy upfront expense. “We recognise that the initial cost can be a barrier, so our financing options are designed to put the power back in customers’ hands literally and financially,” said a spokesperson for Golden Globe.
Adil Waheed, Director at Golden Globe, said: “Our priority has always been our customers’ well-being. With energy bills soaring, we knew we had to step up and provide an affordable solution that genuinely cuts costs for households. The launch of our Home Battery Storage isn’t about selling a new gadget, it’s about empowering families to take control of their energy use. We’re incredibly proud to offer a product that can make a real difference in people’s lives, especially at a time when every penny counts.”
Muhammad Afzal, Director at Golden Globe, added: “We understand the challenges people are facing with the rising cost of living and electricity prices. That’s why we’ve made sure this battery system is within reach for as many homes as possible, through competitive pricing and up to five-year financing. Our team has worked hard to develop a solution that is not only technologically advanced but also user-friendly and reliable. Whether you live in an inner-city flat or a suburban home, this is a game-changer for managing your energy bills. At Golden Globe, it’s our mission to keep customers secure and supported – we want you to know we’re here to help you save money and gain energy independence, not just today but for the long term.”
The Home Battery Storage solution is available immediately for both residential and commercial installations, with assessment and installation services provided by Golden Globe’s certified energy experts. Interested homeowners can learn more and request a free consultation by contacting us or visiting the company’s website. In an environment of rising rates and impending winter challenges, Golden Globe’s timely launch of this battery system offers a ray of hope, empowering consumers to save money, stay prepared, and take a big step toward smarter energy usage at home.
