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Future of DIY LiFePO4 looks bleak…

The $260 for 12V 100Ah / $0.20 per Wh pricepoint is now pretty widespread on Amazon, but here is a new low-water mark: https://www.amazon.com/dp/B0BLLVRTM...d2lkZ2V0TmFtZT1zcF9waG9uZV9kZXRhaWwp13NParams

240Ah x 12V is 3072Wh and that much capacity for $550, translates to $0.17 / Wh…

For comparison, the EG4 5.12 kWh batteries (400Ah x 12V; 200Ah x 24V; 100Ah x 48V) have become pretty much a reference for budget hime storage and those are currently $1400: https://signaturesolar.com/eg4-lifepower4-lithium-battery-12v-400ah/

$1400 / 5120Wh = $0.27/Wh, so over 150% the cost of the least expensive batteries on Amazon (but much better quality and capability, not an apples-to-apples comparison).

I see the lowest Amazon prices as a leading indicator of LiFePO4 cell pricing trends and an indication of where higher-quality batteries such as the EG4 will be headed towards over the coming 12-24 months…
 
Yeah... keep going after the cheapest thing you can find:

Or you can be like this guy;

Anything less than SOK is a gamble, go watch videos of ampere time failing, timeusb, powerqueen, exposed using degraded grade B cells and poor quality BMS.

BTW not to pick on chins, but this pretty much deleted them for the market:

so yeah, you don't get to compare quality grade batteries with rando mando grade and make your analysis... at least not a fair one...
 
Yeah... keep going after the cheapest thing you can find:

Or you can be like this guy;

Anything less than SOK is a gamble, go watch videos of ampere time failing, timeusb, powerqueen, exposed using degraded grade B cells and poor quality BMS.

BTW not to pick on chins, but this pretty much deleted them for the market:

so yeah, you don't get to compare quality grade batteries with rando mando grade and make your analysis... at least not a fair one...
I’m not attempting to suggest the quality of all these batteries is equivalent - in fact, I believe I explicitly stated the contrary.

The goal of this thread is to track the trend.

Cheapest $/Wh on Amazon, EG4 5.12kWh battery, or even SOK if you and others believe that represents the best value-per-dollar in the market today.

From a quick check, SOK is 200Ah x 12V = 2.56kWh for $1029.00 or $0.40/Wh: https://www.amazon.com/SOK-Battery-...cphy=9032079&hvtargid=pla-1373268760314&psc=1

So just for a reference of what I’ll try to track from here on out:

(COA = Cheapest On Amazon)

As of June 2023:

COA: $0.17/Wh

EG4: $0.27/Wh (159% COA)

SOK: $0.40/Wh (235% COA)
 
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Yeah... keep going after the cheapest thing you can find:

Or you can be like this guy;

Anything less than SOK is a gamble, go watch videos of ampere time failing, timeusb, powerqueen, exposed using degraded grade B cells and poor quality BMS.

Will endorses Ampere Time and Weize on his site. Chins, Ampere (Li) Time, and Power Queen are generally well regarded.



Two Chins 300Ah running for two years, no issues. Not bad for a junk battery.

 
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Regarded by whom? Chins has one of the highest failure rates for the budget brands:


Projects in Paradise is a nincompoop, sorry but its true, when he sold out and removed that battleborn fire video, he lost credibility.

And I'm not picking on Just Chins, Ampere time is the same:

Weize?


Don't be fooled, there is a reason why they are called budget batteries, they will have random quality cells, some will change from prismatic to pouch to cylinderacal all on the same model. They are always grade B cells and have random quality BMS.

Just because it is a good today does not mean its good tomorrow. This is why the minimum should be a Good Quality brand like SOK which may have problems but at least is consistent and you know what type of cells and BMS you will be getting vs the budget brand which could be any random thing they find.

The only ones that these batteries are "well regarded" are for people where the price is the only determining factor, For anyone else looking for reliability and value's their time they should avoid budget batteries when possible.
 
Make sure to factor in shipping costs for your final analysis, it can be substantial.
Good point.

The COA and SOK batteries on Amazon have no shipping fees but the EG4 battery shipped to California adds $267 or $0.05/Wh.

So;

COA: $0.17/Wh
EG4: $0.27/Wh or $0.33/Wh to CA
SOK: $0.40/Wh

So SOK is only 21% more than EG4 if you need it shipped to CA, rather than 48% more expensive if you can pick up locally.
 
Good point.

The COA and SOK batteries on Amazon have no shipping fees but the EG4 battery shipped to California adds $267 or $0.05/Wh.

So;

COA: $0.17/Wh
EG4: $0.27/Wh or $0.33/Wh to CA
SOK: $0.40/Wh

So SOK is only 21% more than EG4 if you need it shipped to CA, rather than 48% more expensive if you can pick up locally.
If you pick up locally in Texas, I think you need to add over 8% for the sales tax.
 
Will endorses Ampere Time and Weize on his site. Chins, Ampere (Li) Time, and Power Queen are generally well regarded.



Two Chins 300Ah running for two years, no issues. Not bad for a junk battery.

One thing we all should learn is quality of an item reviewed years if not months ago bears zero correlation to current quality of products offered today.

The bait and switch is huge with these companies, create demand with perceived quality, keep prices steady, reduce quality, increase profits.

Once the brand is tarnished and sales flatten, trash it and start over, rinse and repeat.
 
Or you can be like this guy;
OMG, that's one nasty build! Pure fraud...
I mean CHINS at least used pouch cells "by the book" (enclosure, compression, probably spacers/separators too). But these guys beat them all on nasty!
 
One thing we all should learn is quality of an item reviewed years if not months ago bears zero correlation to current quality of products offered today.

The bait and switch is huge with these companies, create demand with perceived quality, keep prices steady, reduce quality, increase profits.

Once the brand is tarnished and sales flatten, trash it and start over, rinse and repeat.
Many of you seem to be missing the point of this thread.

No one is going to argue that you cannot build a higher-quality DIY battery than what you can purchase off-the-shelf.

No one is going to argue that there are huge differences in OTS battery quality and price.

The reason the future of DIY LiFePO4 batteries looks bleak is that the price trend for OTS LiFePO4 battery offerings is decreasing uch faster than the price trend for LiFePO4 cells, meaning that the primary driver for building a DIY LiFePO4 battery is dissapearing.

There will always be those with special battery requirements or a need for the highest quality battery regardless of cost, as well as those who build DIY LiFePO4 batteries because it is a hobby and something they enjoy. For any of those categories of DIY LiFePO4 battery builders, the future does not look bleak at all.

But those are the exception, not the rule. For the vast majority of us who built our own LiFePO4 batteries because we saved a huge amount off money versus what it would have cost us to purchase an OTS LiFePO4 battery, that motivation and that incentive is disappearing and it’s only a matter of time before it’s primarily hobbyists and afficiianados with special requirements who are the only DIYers left.

To track progress towards that bleak future, any OTS battery price reference works equally well. Lowest-quality OTS LiFePO4 batteries on Amazon, highest-quality LiFePO4 batteries on Amazon, any relatively persistent battery offering aimed at the DIY solar community such as the EG4 battery indicate the price trend equally well.

When I started this thread 18 months ago, most were still purchasing their LiFePO4 cells from China and there weren’t really any stable cell offerings through Amazon yet. Totally different world now with a bunch of cell vendor’s shipping cells through Amazon with free shipping.

From a quick scan on Amazon, here is a representative cell offering on Amazon: https://www.amazon.com/dp/B0BGLHD64...d2lkZ2V0TmFtZT1zcF9waG9uZV9kZXRhaWwp13NParams

$260 for 4 100Ah cells or 1280Wh = $0.23/Wh.

So I’ll start tracking a Representative Cell-offering from Amazon (RCA) as well as Cheapest Off-the-shelf from Amazon (COA), EG4 (Direct and Shipped-to-CA), SOK from Amazon:

RCA: $0.23/Wh
COA: $0.17/Wh (26% cheaper)
EG4D: $0.27/Wh (17% more)
EG4S: $0.33/Wh (43% more)
SOK: $0.40/Wh (74% more)

Especially once factoring in additional costs for BMS, cables, housing, etc… a DIY LiFePO4 is going to cost at least another ~20% in material cost (to say nothing of the value of labor or the expected cost of an accident during assembly).

So we can debate whether a DIY LiFePO4 battery is already going to cost you as much as picking up an EG4 in Texas or not, but I’d say we are safely ‘close enough for jazz.’

For reference, when I built my LiFePO4 battery in 2020, my cell cost all-in shipped from China was less than 25% of what any OTS battery would have cost me…

So let’s wave our hands and say that OTS LiFePO4 batteries have dropped in price by 75% over 3 years relative to the market price of LiFePO4 cells over that same period (and to be clear, the grey-market cells available from Chinese resellers in the early days likely did not have the same quality as cell offerings through Amazon today, so it is not a direct Apples-to-Apples comparison).

That remarkable trend has certainly slowed way down but is continuing.

So while today there may be some who would say: ‘EG4 does not deliver the quality I need and I can save 74% by building an SOK-quality DIY battery from cells myself’, by tomorrow (whether 6 months from now or 12 months from now or 2 years from now…) we are going to see SOK batteries priced at only 20% more than the cost of LiFePO4 cells on Amazon (or SOK will go out of business).

Again, those motivated by special requirements of love of the hobby have a bright future building DIY LiFePO4 batteries. It is the future of those like me who just need basic storage capacity at a cost approaching what we’d get by using lead-acid batteries who will see less and less reason to dive into the world of building our own LiFePO4 batteries from cells.

Personally, an EG4 battery would suit my needs perfectly and I would jump on one of those for a 25% premium over the cost of cells in a heartbeat rather than build another DIY LiFePO4 battery from cells, so I am done with this ‘hobby’.
 
fafrd

You are the one missing the point, you keep comparing el cheapo grade built to grade A DIY and say SEE prebuilt is cheaper.

Its not, you can always come out a head on DIY.

Premade Battery with Grade B cells cost more than a DIY battery made with the same type of Grade B cells.

Proper Made Grade A Premade battery will always cost more than a DIY battery also made with Grade A cells

Lastly looking around on Scamazon and basing your analysis on this is your biggest problem, Amazon is Alibaba's Twin sister Along with Aliexpress they are filled with the same scam sellers all pushing junk from China. 60% of all online sellers on Amazon are Chinese sellers and 99% of the reviews are FAKE.

Here is a brief documentary on Amazon:
 
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fafrd

You are the one missing the point, you keep comparing el cheapo grade pre-built to grade A DIY and say SEE prebuilt is cheaper.
Sorry, yet again you are missing the point.

The point is not that OTS is cheaper.

The point is the trend which clearly indicates that OTS batteries are getting cheaper faster than LiFePO4 cells (of any equivalent quality / grade).

So whatever cost gap you want to convince yourself exists today is pretty much guaranteed to be diminishing with each passing year.
Its not, you can always come out a head on DIY.

Premade Battery with Grade B cells cost more than a DIY battery made with the same type of Grade B cells.

Proper Made Grade A Premade battery will always cost more than a DIY battery also made with Grade A cells

Lastly looking around on Scamazon and basing your analysis on this is your biggest problem, Amazon is Alibaba's Twin sister Along with Aliexpress they are filled with the same scam sellers all pushing junk from China. 60% of all online sellers on Amazon are Chinese sellers and 99% of the reviews are FAKE.

Here is a brief documentary on Amazon:
There is really little point to be debati the quality of battery cells available on Amazon.

The EG4 batteries make a much better reference point in today’s market.

If you believe you can build a 5.12kWh EG4-quality battery with all of the features, functionality, and specifications of an EG4 battery for much less than $1120 (80% of the $1400 Signature Solar is charging today), I’m all ears.

Please provide your shopping list and we’ll see whether your numbers come close to adding up…
 
55Kwh bank with Batrium BMS- cost was $11K. https://diysolarforum.com/threads/the-big-blue-box.55099/

$0.20Wh

I could have shaved 15% off easily using BMS other than Batrium. The Batrium isn't cheap, then had to add the ABB breaker. However I'm very satisfied with the setup.

Only pre made that might come close in price is EG4. That would be well over $17K, closer to $20K with cabinets.

I just don't see DIY becoming obsolete yet.
 
55Kwh bank with Batrium BMS- cost was $11K. https://diysolarforum.com/threads/the-big-blue-box.55099/

$0.20Wh

I could have shaved 15% off easily using BMS other than Batrium. The Batrium isn't cheap, then had to add the ABB breaker. However I'm very satisfied with the setup.

Only pre made that might come close in price is EG4. That would be well over $17K, closer to $20K with cabinets.

I just don't see DIY becoming obsolete yet.
Well first, I’ve never claimed that DIY is already more expensive than OTS already today in a manner that makes DIY ‘obsolete’ already.

The thread is a about ‘the future’ and if you read the first post, you will see that I stated this when the thread was started 18 months ago:

‘The point I am trying to make is that by this time next year, it’s a near-certainty we’ll be able to purchase completed OTS LiFePO4 batteries through Amazon or eBay at costs of $0.19-0.21/Wh raw or $0.21-0.23/Wh usable.’

Today, 18 months later (not 12) my most recent update triggering all this recent exchange shows that it is easy to find OTS LiFePO batteries on Amazon for $0.17-0.18/Wh.

Circling back into the thread to this post I made dated November 30, 2022, I found this: https://diysolarforum.com/threads/future-of-diy-lifepo4-looks-bleak….32157/page-20#post-652108

‘$319-38 = $281 for 1.44kWh = $0.195 / kWh.’

All in all, I’m surprised to see how accurate my predictive powers on this subject turned out to be.

Second, I’m generally thinking that for the vast majority of us who build DIY LiFePO4 batteries to save money for equivalent quality / performance and not because we have special requirements or enjoy the hobby, once OTS battery cost reaches 120% of the material cost for a DIY battery of equivalent quality / performance / capacity, the bleak future this thread predicts will be here and it may be that DIY is effectively ‘obsolete’ for all but the few specialists and hobbyists.

If we use your material cost of $11K for 55kWh or $0.20/Wh, my 120% threshold would be $0.24/Wh or $13,200.

A 5.1kWh EG4 costs $1400 today and 10.8 of them would cost $15,100.

So you are absolutely correct, based on your recent datapoint we are not there yet (because your 37.3% cost differential is still significant enough to make ‘DIY for cost savings’ worthwhile…).

Let’s circle back in another 12 or 18 months and I predict the 37.3% price differential you see today will have closed significantly (at least halfway to my +20% threshold, meaning less than 29% by December 2024).
 
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I do get your point fafrd and I appreciate your efforts as an exercise in market analysis and insight.
Thanks.

It’s understanding and encouragement like yours that gives me the enthusiasm to continue the exercise ;).
 
It is crazy seeing the prices go down, if anything I hope it helps pull raw Cell prices down.

Quality is another thing you can’t track on Amazon links is quality.

If SOK or BB prices start nose diving (assuming same quality) then IMO it’s really a turning point.
 
BB's prices went up actually from 899 to 925 for the 100AH. But they are using cylindrical cells so maybe its different pricing?
 
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