I'm surprised nobody mentioned the new BC mechanics with power pipes. Figure out how much storage you'd like and divide it by diamond or other pipe capacity. Then make pipe loops where you like. It will never explode due to the new mechanics and will have no loss. You could potentially make a giant power ring around your base even, all machines tapping from the nearest point.
I am starting to think the ingrained BC power pipe explosions will take a while to filter out of BC best practices.