For some applications. Not for running your house.
Homework Assignment:
Assuming a home with an average power consumption of 30kW-hr/day, size a PV-battery-inverter system to provide complete off-grid power. Further:
Assume:
1,800 kW-hr/kW-hrpeak/yr
Assume: 3.6 kW air conditioning load for 8 hrs on three consecutive days
Assume: 0% insolation 1 day out of every 3
Assume: battery power draw at 25% of max rating for the bank
Assume: solar array life of 20 years, inverter life of 10 years, battery life of 5 years
Assume: No maintenance costs.
Calculate installed costs with NO rebates/incentives. Calculate the levelized $/kW-hr over the course of 20 years.
If you can deliver that for under $0.12/kW-hr, my roof is yours.