Dave has covered most of it. There is of course the hassle of changing over if using it to save money. Of course for blackout  readiness this is less of a problem - probably easier than starting a generator. 
As far as saving money goes, as Dave says, the difference in cost of the power is the key. But bear in mind that the charge/discharge efficiency of lead/acid batteries, while better than any other battery type, is still only about 85% at best*; factor in the efficiencies of the charger (60-80%) and inverter (70-95%), and you will be lucky to get much better than 50% overall efficiency.
John
* The amount of charge put in is pretty close to the amount of charge you get back out, the difference being represented by the amount of gassing, pretty minimal on the type of battery you would be using. Where the loss of efficiency comes in, is the difference between the charging voltage and the discharge voltage. If your average charging voltage is, say 14.5v, and your average discharge voltage is 11.5v, that is an efficiency of 79% right there. Of course the actual charge and discharge voltages will largely depend on the currents involved relative to the battery capacity, so these are only sample numbers.
				
			 
			
		 
			
				
			
			
				John
JDNSW
1986 110 County 3.9 diesel
1970 2a 109 2.25 petrol
			
			
		 
	
Bookmarks