Earlier quoted context omitted.
Several strings of solar panels + lithium ion batteries might very well be cheaper than paying your local electric monopoly for transmission line capacity in 20 years. And if the non-redundant parts (the inverter, perhaps) fail, it might not be all that different from your water heater failing today. (Although if we had that technology in cheap enough form, some of the major loads in your house may switch to DC to av…
I don't think you necessarily need Li-ion for that - in my experience lead acid works well enough in the domestic case, is a lot cheaper and probably safer (although hydrogen venting is perhaps an issue). I built a little mixed DC (lighting) + AC (1kW inverter) system out in the garden (far enough from the flat that running a cable would be a nightmare of planning permissions & digging trenches). Since it's for inter…
EDIT: Edison did not invent NiFe batteries, but he developed and championed them.