Tesla has dropped their newest and cheapest $750 rebate for Australia. First-time customers trying to have Powerwall(s) installed can enjoy the rebate.
The registration timeline is from August 11, 2023, to December 31, 2023. So, you have about six months to get the most lucrative offer from Tesla.
Whether you opt for a single Powerwall or multiple units, once the Powerwall(s) are successfully installed, connected to the internet, and registered, the rebate can be requested via the Tesla app.
Tesla will transfer the applicable rebate amount to the designated bank account upon verification.
Eligibility and application process
- The Powerwall installation must occur between August 11, 2023, to December 31, 2023.
- The Powerwall must be ordered exclusively from Tesla Certified Installers.
- The Powerwall must be connected to the internet and duly registered.
- Initiation of the rebate request should be carried out through the Tesla app.
What Is Tesla Powerwall?
Tesla Powerwall is a cutting-edge home battery system designed to store and manage electricity generated from solar panels or other renewable sources.
It harnesses and stores excess energy produced during peak sun hours, allowing homeowners to utilise it when the sun isn’t shining or during high energy demand.
The Powerwall operates on a simple principle: it stores surplus electricity generated by solar panels or when energy usage is low, such as at night. This stored energy is readily available when energy demand spikes or solar generation is limited.
Components of Tesla Powerwal
Energy Storage: The Powerwall contains lithium-ion battery cells that store electricity. These cells can store significant energy in a relatively compact design.
Inverter Technology: The Powerwall is equipped with an inverter responsible for converting the stored DC (direct current) electricity into the AC (alternating current) electricity commonly used in homes.
Smart Energy Management: Tesla Batteries has intelligent software optimising energy storage and usage. It monitors electricity production, consumption patterns, and energy prices to determine the most efficient times to charge and discharge the battery.
Grid Interaction: The Powerwall can seamlessly switch between drawing energy from the grid and utilising stored energy, depending on energy needs and pricing. It can also provide backup power during power outages, ensuring an uninterrupted electricity supply to critical appliances.
Remote Monitoring and Control: Through the Tesla app, homeowners can monitor the performance of their Powerwall in real time, adjust settings, and receive notifications about energy usage and system status.
Integration with Solar Panels: Powerwall can be integrated with solar panels to create a comprehensive home energy solution. Excess solar energy is stored in the battery for later use, minimising wastage and increasing self-consumption.
Tesla Powerwall Functionality
Overall, the Tesla Powerwall enhances energy efficiency, reduces reliance on the grid, and offers a more sustainable energy solution. It’s vital in the transition toward cleaner and more self-sufficient energy consumption.
Expanding solar energy utilisation involves storing sunlight’s power near where it’s needed to minimise energy loss during transmission. Your residence is the most immediate storage location within a home battery system like the Powerwall.
The Powerwall concept is straightforward. During daylight hours, solar panels charge the Tesla battery. It lets you tap into that stored energy at night, decreasing reliance on the grid. Battery storage offers additional advantages, including insurance against power failures and grid instability.
The Key Benefits of Installing a Tesla Powerwall in Australia
Tesla battery installation brings many benefits to Australian homeowners. You can enjoy hassle-free installation by contacting certified Tesla Powerwall installers Like Solar Emporium.
Cost Savings: With the $750 rebate, tesla prices got cheaper. Right now is the cheapest Tesla price in Australia. By storing and using solar energy during peak demand times, you can reduce your electricity bills by relying less on grid-supplied power.
Energy Independence: Tesla Powerwall allows you to store excess energy generated by your solar panels, reducing your reliance on the grid and providing a more sustainable energy source.
Backup Power: In case of power outages, Powerwall can automatically provide backup power to essential appliances, ensuring your home stays powered even during disruptions.
Time-of-Use Optimisation: Powerwall can store energy during off-peak hours when electricity costs are lower and discharge during peak hours when prices are higher, optimising your energy consumption.
Grid Support: Powerwall can support the grid by releasing stored energy during high demand, contributing to grid stability and reducing strain on power infrastructure.
Solar Energy Utilisation: Powerwall ensures that your panels’ solar energy is utilised effectively, even when the sun isn’t shining. Excess energy is stored for use later.
Reduced Carbon Footprint: Utilising stored solar energy reduces the need for fossil fuels, helping you decrease your carbon footprint and contribute to a cleaner environment.
Smart Energy Management: The Powerwall has smart technology that learns and adapts to your energy consumption patterns, maximising efficiency and savings.
Remote Monitoring and Control: You can monitor your Powerwall’s performance and control settings remotely through the Tesla app, providing convenience and peace of mind.
Long Lifespan: Tesla Powerwall is designed with durability in mind, with a long lifespan and warranty, ensuring your investment provides lasting value.
Government Incentives: Depending on the time and location, government incentives and rebates may be available to reduce further the upfront cost of installing a Powerwall.
Consult Solar Emporium, a Tesla Certified Installer. We can help determine the best solution for your needs.
Cost of Tesla Powerwall
It is currently priced at $12,990. So how much does a Tesla Powerwall cost after the rebate? The Powerwall 2’s post-rebate cost is $12,150, significantly improving from the $20,000 price point.
The previous Tesla Powerwall cost was one of the reasons why Average Australian households did not choose the product. But now it positions the Tesla Powerwall 2 at a competitive price.
Under the revised rebate initiative, Tesla permits the installation of either one or multiple Powerwall. After installation, internet connectivity, and your Powerwall(s) registration, you’ll receive a notification via the Tesla app to initiate your rebate request.
After legal confirmation, Tesla will transfer the eligible rebate funds to your designated bank account.
Solar Feed-in Tariffs
Solar Feed-in Tariffs, commonly called FiTs, encompass the payments received for the solar power that your Powerwall exports to the electricity grid. The rate of this FiT is subject to variation based on the region or state you reside in.
Simply put, you can buy Tesla Powerwall with this $750 rebate. And you might also be subjected to more solar rebates and incentives if the Australian government offers any.
For those contemplating the installation of a Powerwall, it’s crucial to include all existing incentives in your consideration. This approach effectively lowers the overall expense of the system.