For us, the benefit of LiFePo batteries will not be a $$$ savings, or a "return on investment" (It's a BOAT for heaven's sake!), nor a weight savings benefit, but rather a quality of life benefit. We like the ability to more rapidly charge up a house battery bank (LiFePo vs AGM, or FLA), and also the capability of drawing the battery bank down to 10% or 5% of rated capacity without damaging the batteries as would be the case with FLA or AGM.
Our old (installed 12 July of 2019) house battery bank consists of two Lifeline 225 ah AGM batteries, and only lightly used during Covid.
So on paper, a 450 ah battery bank, however, direct from the Lifeline website:
What depth of discharge should be used when sizing a battery?To get the best cycle life, the average depth of discharge should be as low as possible. Concorde recommends the average depth of discharge to be no greater than 50% of the battery's 20 hour rating.
So with the above battery bank, using the manufacturer's recommendations, each battery really only has a usable ah of 122.5 ah, or 225 ah for BOTH batteries.
The new battery bank will be 1000 ah of LiFePo batteries, which the manufacturer states can be safely and regularly taken down to 10% or 5% SOC. Sooooo, by planning conservatively, at 10% SOC, we will still have a 900 ah battery bank . . . . which will be 4X improvement on what we currently have.
Absolutely nothing against AGM's, and we will probably end up selling the two we currently have, but we are looking forward to the LiFePo battery bank! Coming soon to a boat near you! We have them, just need to install them. Already installed the Victron Quattro 12/5000 inverter charger, just need to figure out how we are going to physically install the LiFePo batteries.
Batteries will be charged underway with main engine alternator (properly protected), or with Victron Quattro. (main generator is hydraulically driven off of main engine anytime when underway), dockside with Victron Quattro, and at all times when sun is out with solar cells as soon as they are installed . . . which won't happen until new hard bimini is installed. . . .