Energy security means having energy available when you need it, at a cost that you agree with.
As long as the lights stay on, the refrigerator is running and mobile phones are charging, most people don’t think much about “energy security.” But when winter storms cause day-long power outages, or when a hurricane destroys power lines that can’t be rebuilt for weeks or months, energy security becomes a critical issue.
Beyond conversations and debates about national energy policy and how much the country depends on foreign oil, energy security plays a part within any household or business that uses electricity or that requires other sources of fuel either for heat or to run vehicles and equipment.
The International Energy Agency defines energy security as “the uninterrupted availability of energy sources at an affordable price.” A Brookings Institution article focuses the definition for individuals and small businesses this way: “From the vantage point of a private citizen, the definition of energy security is more nuanced but still hinges on access to readily available resources in sufficient volume at affordable prices.”
How does an individual, who typically relies solely on local utility companies and their transmission lines, improve his or her own energy security? The answer lies in advice often given by investment advisors to clients seeking financial security — diversify. Investing your money in different types of securities reduces risk, and the same concept applies to the energy that powers a home or business.
Relying on several sources of energy reduces risk and cost. The best example is adding solar power to a home. The sun becomes the primary source of energy, but the home will likely still be connected to an electric utility. A household with a solar power system saves money and satisfies the “affordable” part of the energy security equation.
The “availability” part of the equation can be filled by storage batteries that are connected to a solar power system. Batteries like those provided by Pika Energy store solar energy to provide power overnight or whenever needed. By not relying on local utilities, solar- and battery-powered homes are secure from the effect of storm damage on power lines. In terms of energy security, it’s a winning scenario.
One example from an article in The Journal of Light Construction describes how several Mainers made it through a 10-day outage caused by a 2017 wind storm. One home never lost power because it has solar panels and a storage battery system from Pika Energy. “While the power was out … batteries soaked up excess solar power during the day and fed it back to the house as needed at night,” said the home owner featured in the article.
The Pika Energy Island system links solar panels to your home, and to smart batteries, which store solar energy. Pika’s smart batteries are the most powerful and flexible smart battery available to homeowners today. The battery has enough power, capacity and capability to help customers save money through time of use programs and self-supply, while also serving backup duty.
The Pika Energy Island system can improve energy security by weathering nearly any storm and providing reliable and affordable energy.
For more information about Pika Energy Island and how to purchase a system, visit our purchase page.