The Total Cost of Ownership of RELiON’s Lithium Iron Phosphate Batteries
Lithium batteries offer many advantages over traditional batteries, making them a popular option among users. However, many people shy away from lithium batteries for their application because of the higher upfront costs. But when looking at the operation lifetime of a lithium battery in comparison to lead-acid and other options, in reality, LiFePO4 batteries cost less over their lifetime than even the most cost-effective lead-acid battery. Our simple calculation shows you how.