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Battery storage prices have gone down a lot since 2010. In 2025, they are about $200–$400 per kWh. This is because of new lithium battery chemistries. Different places have different energy storage costs. In 2025, the global average price of a turnkey battery energy storage system (BESS) is US$117/kWh, according to the Energy Storage Systems Cost Survey 2025. . In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration systems. The suite of. . Home and business buyers typically pay a wide range for Battery Energy Storage Systems (BESS), driven by capacity, inverter options, installation complexity, and local permitting.
