A home energy storage system can drastically save energy costs while providing power independence for households. Solar and off-peak electricity consumption leads to stored energy, which can be used during the peak time or overpowering outages, making energy independence easier. Not only do these systems remove dependency from the grid, but they also ensure uninterrupted power supply for essential home appliances, while simultaneously lowering electricity costs. Considered to be one of the best options available, residential energy batteries range from lithium-ion to LiFePO4, all of which aid in enhancing the energy efficiency of homes and provide high durability, unrivaled safety, and performance.