Soldato
- Joined
- 25 Mar 2004
- Posts
- 15,992
- Location
- Fareham
Had a quote for a 7.5 Kw system with a Tesla Powerwall 2 for £17400.00. This is made up of 19 JA solar panels in an east/west configuration. The price breakdown is £9300 for the panels and £8126 for the Powerwall (installed prices).
My real question is whether the Powerwall is worth the money? There must be other systems that do the same job but are cheaper. Any thoughts?
When I was looking at it, the real draw of the Powerwall is the ability to get onto the Tesla Energy Plan with Octopus.
At the time this was 11p/kwh for electric, both import and export. I saw more recently this is now more like 24p/kwh (same again though, both import and export).
This means your generation and usage is neutral, you don't pay too much for using the grid, and you get paid pretty well for generation, and it really doesn't matter if you store, use, or generate units, as your costs are the same.
The other benefit that seemed to exist out of the box was whole home UPS mode, I think with Tesla by default it lets you work if the grid goes down, and the battery storage was reasonable enough to last a while. Other batteries on the market didn't offer this by default, though it sounded possible to do if you paid a bit extra to someone to configure it.
The negatives were that to make the battery worthwhile, you rely entirely on Octopus providing this plan, if they stop, then you just have a normal battery. I also understand that for some reason, Tesla battery was charged at 20% VAT even though other batteries are 0% VAT when bought with a solar installation.
If you have an EV, then off-peak Octopus GO to larger/cheaper batteries might be better. Off-peak charging/pricing is cheaper, and you can fill up EV + Home Battery for less cost per unit, even when Solar isn't effective due to winter time.
TL : DR:
Pros:
- Cheaper unit rates than regular fix tariffs.
- Better payment for generation which scales with import pricing (next best SEG is like 5-7p/kwh).
- Large battery with potential for UPS whole of home.
- Battery is expensive per kwh of storage, possibly 20% VAT when other batteries don't have the same VAT rating.
- Tied to TEP plan with Octopus, no other supplier offers a specific Tesla plan
- Octopus GO may be a better alternative with EV + Cheaper battery.