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The highly anticipated and long awaited Tesla Powerwall 2 battery installations have commenced in both residential and commercial premises in New South Wales with Australia’s leading solar and battery power installer, Natural Solar carrying out some of the first major installs across the state.
“Since the Tesla Powerwall 2 was first announced in October 2016, there has been a huge consumer and commercial demand for the next iteration of Tesla Powerwall,” says Chris Williams, CEO and Founder of Natural Solar. “At Natural Solar, we have been inundated with hundreds of thousands of enquiries from people around the country as we move further into a more mature battery powered future with a proven track-record of results, return on investment and savings.”
The first Tesla Powerwall installed in New South Wales in January 2016 opened the floodgates for a heightened demand for battery power. Enquiries from Natural Solar customers (www.naturalsolar.com.au) has increased in New South Wales by 187% in the past 12 months.
“The largest market for battery power as it stands is New South Wales, with Sydney residents by far the biggest and earliest adopters of battery power nationally, accounting for 53% of households with battery storage systems in the country and 42% of customer enquiries for Natural Solar ,” said Mr Williams. “The proven savings and benefits of battery power, both residentially and commercially, have seen energy storage solutions take priority when it comes to household investments,” says Mr Williams.
Like the first version of Tesla Powerwall, Tesla Powerwall 2 will allow consumers to store solar energy during sunlight hours, allowing homeowners to use it at night and avoiding the need to sell excess energy to the grid. The functionality of Tesla Powerwall 2 has improved considerably, offering double the storage capacity (from 7kWh to 14kWh).
One of the first Tesla Powerwall 2 installations in New South Wales will occur for Steve Palazzolo of Ryde, North-West Sydney. His installation including a Tesla Powerwall 2 battery will be used to power his home where he lives with his wife and four children, as well as his home office from where he runs his IT Consultancy business. For Mr Palazzolo, the benefits of a solar and battery home storage solution are two-fold. Not only will he achieve savings and a huge reduction in his quarterly power bills averaging $1,100, Mr Palazzolo will also have further independence from the grid allowing his business will be able to run uninterrupted no matter the state of the network.
“The commercial battery market is rapidly increasing, with over an 800% increase in commercial enquiries this financial year. The ability to continue to function during ever increasing grid outages is highly sought after by small to medium businesses as the impact on their business due to outages is at an immeasurable financial and reputational cost,” says Mr Williams.
Also set to receive his Tesla Powerwall 2 in the coming days is Jake Wallace of North Willoughby. Mr Wallace’s residential installation includes solar panels and a Tesla Powerwall 2 home battery to match his Tesla car. Mr Wallace’s motivation to move from purely a solar solution to the integration of battery power is driven by the savings associated with installing the Tesla Powerwall 2 and the anticipated 6-7 year return on investment for his own renewable energy storage solution. A family of three, the Wallace household uses enough energy on a quarterly basis for a household of six, with appliances and home features (including a pool) increasing his electricity usage.
“It’s been 18 months since we saw the initial Australian battery boom, and since then there has been a huge national and political discussion on battery power and the impact this has on the Australian population and consumers. Mass adoption of residential and commercial batteries is already underway and considered to be the new ‘norm’. Rarely do our customers at Natural Solar enquire for just solar anymore, and this is truly evident in New South Wales in Sydney and beyond. Smart batteries, grid integration and community grids are the next step in Australia for renewables,” says Mr Williams.
“It is clear the market has transitioned from an early adopter market to an early majority market, where substantial and proven savings results and a strong ROI can justify the purchase of these solutions. Australia is a clear leader globally in the energy storage revolution, thanks to skyrocketing electricity bills, an abundance of sun hours and falling battery prices,” concluded Mr Williams.
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These costs are based on the SA Power network in Adelaide but prices may vary depending on your circumstances. This comparison assumes a general energy usage of 4000kWh/year for a residential customer on Energy Locals Time of Use Tariff – (TOU – Peak, Off-Peak & Solar Sponge).
The reference price is set by the Australian Energy Regulator (AER) for a financial year in relation to electricity supply to residential customers in the distribution region and is based on an assumed annual usage amount. Any difference between the reference price and the unconditional price of a plan is expressed as a percentage more or less than the reference price. The terms of any conditional discounts are shown, along with any further difference between the reference price and the discount applied if a condition is met, expressed as a percentage more or less than the reference price.
