Swissolar, an industry association, released its first storage market report during its Members’ Day event in Lucerne, highlighting the sector’s rapid growth. The report stated: “Over the past three years, the total number of battery storage systems has doubled almost annually.”
A key factor driving this increase is the declining cost of equipment. Swissolar estimated the average price of battery storage systems at $115 per kilowatt-hour in 2024, making them more affordable for homeowners. This cost reduction has spurred widespread adoption, allowing households to store surplus solar energy for use during low-sunlight periods, supporting domestic energy consumption.
By integrating BESS with PV systems, Swiss households can maximize renewable energy benefits, reducing dependence on external electricity sources. This aligns with Switzerland’s commitment to sustainable energy practices and carbon emission reduction, promoting greater energy independence at the residential level.
The surge in battery storage adoption is supported by Switzerland’s favorable market conditions, including technological advancements and consumer demand for cost-effective, eco-friendly solutions. These systems enable residents to manage energy needs efficiently, contributing to a more resilient and sustainable energy framework.
Swissolar’s report emphasizes the transformative role of affordable storage solutions in the residential energy sector, positioning Switzerland as a leader in adopting innovative technologies to meet domestic consumption needs while advancing environmental objectives.
