the main reason for me to go 48v is for less voltage drop for a given length.
I originally had 12 volt in my house and did a lot of 12 volt wiring in the house - putting in 12 volt florescent lighting in some rooms, 12 volt LED night lights, and 12 volt power receptacles in various rooms for charging cell phones with mobile chargers and running laptops with 12 v -> 19 volt mobile converters that we got from Dell.
Then I went to 48 volt, which basically only required changing the stators in the turbines because I didn't have solar at that time. I still wanted to use the 12 volt stuff so I tapped off one string of 12 volts in the battery bank to run that stuff. Keeping the battery bank balanced was somewhat of a challenge.
Then we bought a solar array, that I got a real good deal on, made of up ten 123 watt Sharp 12 volt panels. I made the decision to go back to 12 volt because the cost of equipment is cheaper. I wired the panels to a 100 amp QO box with a 15 amp breaker going to each pair panels hooked in parallel and all the panels paralleled at the bus in the panel. I changed the turbine stators back to 12 volt, got rid of my 240 split phase XW6048 inverter and put in a AIMS Power 3 kW 120 volt inverter and two Schumacher 2 kW 120 volt inverters, all powering their own panels, with power supplied by a 3,000 amp-hour battery bank.
I've been totally happy with the 12 volt system. I've seen the solar put out up to 80 amps on a nice sunny day, and the turbines can put out up to 200 amps on a good windy day. All it really takes is bigger wire from the turbines and bigger cables going to the inverters, and the rest is the same as any of them, other than the dump load. My TS-60 that I used on the 48 volt system would no longer work on this high-amp system so I went to a relay-type controller that closes the relay at 14.7 volts, that relay turns on 120 volt power to the coil in a three pole contactor, which in turn turns on power to two 1.8 kW AC water heater elements powered by the inverters. I put a timer on the water heater elements that holds the element contactor on for 12 minutes once it's turned on so the relays aren't clicking in and out all the time. It works really good - it instantly drops the bank to 13.5 loaded volts and holds it there for 12 minutes, turns off the load and tests to see whether it should be done again. And I actually get hot water out of the deal, as well as powering the rest of the house.
So there's pros and cons, but I found that everything you want to buy for 48 volt, from controllers to inverters, is more expensive. I spent some extra money on wire but I don't think there's any significant losses compared to 48 volt. At 250 amps of power coming in, none of my electrical equipment even warms up because it's all coming from different sources that are combined at the battery bank. And now all my 12 volt stuff in the house works without having to worry about keeping the bank balanced.
So it can be done on a lower voltage system - all you need to do is buy some bigger wire to hook things up and keep the inverter(s) as close to the batteries as possible.
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Chris