1 min read

Tesla Powerwall 2 and Rooftop Solar is Already Competitive with Grid Power

Via Clean Technica: Last month, tesla launched its Powerwall 2.0 residential battery storage system, which is less than a year after the company launched Powerwall 1.0.

The Powerwall 2 peak power has gone up by 40%, continuous power by 50%, the storage capacity by 100% and it included an inverter. And all of this for $8,000, which is about the same price as the Powerwall 1.0.

Thus, in other words, the price per kilowatt-hour stored and re-used has halved in less than a year. Indicative installed prices in Australia are a little over $10,000. The common notion was that battery costs would go down more gradually than the precipitate decline seen in solar PV costs… And this has been proven wrong.

image credit: https://cleantechnica.com
image credit: https://cleantechnica.com

As the article details, putting this together and amortising the capital items at 2% mortgage rate, the PV+battery+grid is leveled with the average grid-only market offer and more affordable than the average grid-only market offer.

Click here to read the full story on Clean Technica

Featured Image Credit: Windell Oskay

Australian Home Builder Will Incorporate Tesla Powerwall In New Homes

An Australian home builder has announced plans to include a Tesla Powerwall in all new homes. Arden Homes stated that they will install all their...

Read More

Is The Tesla Solar Roof Tile as Good and Innovative As Elon Musk is Saying?

Elon Musk and his Tesla energy division have introduced a new solar roof that they have been working on, alongside a newer version of the Tesla...

Read More

German Battery Maker Sonnen is Offering Free Grid Power Deal to Solar Customers

German solar battery manufacturer Sonnen is offering Australian households free power in a deal to enhance and increase their foothold in the...

Read More