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REVEALED: How this landmark piece of technology has stacked up over time

Sydney, Australia: Four years ago, all eyes worldwide were on one homeowner who went from being an average suburban dad to the self professed ‘King of the Nerds’. Why? Nick Pfitzner of Sydney, Australia became the first person in Australia and one of the first worldwide to have the long-awaited and highly anticipated Tesla Powerwall battery storage solution installed in their home.

Today, Nick Pfitzner along with Australia’s largest solar and battery installer, Natural Solar, can reveal how this landmark piece of technology has really stacked up over the past four years, with the Pfitzner family using their Tesla Powerwall system to save a whopping $8,463.42 on the price of their power over the full four years. Pfitzner has saved an average of $2,115.86 each year on household electricity bills, and has managed to power his home for just 46 cents per day, all while using air-conditioning, electricity and appliances as normal.

“For many families, these results sit firmly in the ‘too good to be true’ realm,” says Chris Williams, CEO & Founder of Natural Solar. “Nick was one of the first people in the world to have his Tesla Powerwall installed, and effectively started what we term the ‘battery boom’ globally. To see the numbers stack up after four years proves the technology is truly here to stay and will likely only continue to grow with a huge demand worldwide.”

Before installing their first generation Tesla Powerwall and 5kWp solar system, the Pfitzner family were previously paying an average of $572.29 per quarter to power their four bedroom home with an internal laundry, air-conditioning, state of the art appliances, a pool and outdoor entertaining area. For the past four years, the Pfitzner household has seen a drop in their average quarterly price of power by 92% to just $45.16 per quarter. Some quarterly bills have seen the Pfitzner family pay just $19.47 to power their entire home for the entire three month period.

“When you crunch the numbers, it’s astonishing to see the real time, real life savings. For the full four years, the Pfitzner household has only paid $677.34 to power their entire home – their quarterly electricity bills used to be just $105 less than this. When the price of power is increasing by an average of 10%-15% per annum, these unprecedented savings really speak to the benefits of battery power. At Natural Solar, we are seeing most of our customers that install solar and battery storage in their homes experience a reduction in their power bills by up to 90% and like Nick, have an ROI period of just 7 years,” says Mr Williams.

Since this initial high profile battery installation in January 2016, Natural Solar has seen the demand for battery storage truly skyrocket. Natural Solar has received more than 425,000 consumer enquiries for battery power, and has installed thousands of battery storage systems in houses around the country. These results are relevant on a global scale with a 15,000 percent worldwide increase in home battery installations in the past four years.

“The Tesla Powerwall has truly unleashed savings that many sceptics never before thought possible. In the case of Nick Pfitzner, he is the first in market case study to reveal the long-term truth about how the financials stack up and the one the world will watch for years to come,” says Mr Williams.

You can read more about Nick Pfiztner’s story and our 2020 Tesla Powerwall review here.

By ChrisWilliams | January 30th, 2020 | Categories: Tesla Powerwall

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.