Tesla’s Powerwall Hits Cheapest Australian Price Since 2019 With $750 Rebate

Udderly electrifying savings available on Powerwalls – but only if you moo-ve fast. Install: Platinum Solar Designs

Tesla has announced a $750 rebate for its Powerwall in Australia, a part of a global rebate push that includes the USA (US$500) and the UK (£350). Here’s a breakdown of what this means for prospective Australian Powerwall buyers.

Three Powerwall Price Drops In A Row

The Powerwall’s price has been on a rollercoaster ride in recent years. After the rebate, the cost drops to $12,150 – the lowest since July 2019 when it was priced at $11,700. Here’s a quick look at the price history:

Note: the most recent price point is after the $750 rebate has been claimed from Tesla

• Feb 2017: $9,000
• Feb 2018: $9,600
• Oct 2018: $12,350
• Jul 2019: $11,700
• Oct 2020: $12,500
• Feb 2021: $13,300
• May 2021: $12,750
• Mar 2022: $13,700
• May 2022: $14,650
• Oct 2022: $16,230
• Feb 2023: $14,599
• Apr 2023: $12,900
• Aug 2023: $12,150 (after Tesla rebate)

Battery Installation Deadline

To be eligible for the rebate, a Tesla Certified Installer must install the Powerwall by 31 December 2023. Be aware Australian solar installers are typically very busy at the end of the year as the Australian solar rebate (STC scheme) drops for systems installed after 31 December. So, move quickly if you want to take advantage of this offer.

Powerwall Cost Analysis

Expect a fully installed Tesla Powerwall to start at about $15,750 if it’s a simple installation (i.e. right next to your switchboard, single phase, no bollards). That’s $15,000 after the rebate. If adding a second Powerwall, expect to pay from $13,000 ($12,250 after rebate), due to no need for a second ‘gateway’ and a more straightforward installation.

Video Coming Next Week

If you are keen to add a second Powerwall, we’ve just finished editing a video of what’s involved. The second battery is for a South Australian customer taking advantage of SA’s ‘Solar Sponge Tariff’. He now fills his 2 Powerwalls with solar electricity and 8c-per-kWh grid electricity; riding through the brutal 75c-per-kWh evening peak every day and halving his hefty winter electricity bills while powering a spa, swimming pool and fish tank. Stay tuned for this video to drop on Monday.

Mounting a second Powerwall onto an existing one.

Rebate Eligibility And Details

Customers must order from Tesla Certified Installers and have their Powerwall(s) connected and registered by 31 December 2023. If you miss the install deadline, you miss the rebate. Once confirmed, Tesla will transfer the funds to the nominated bank account.

Final Thoughts

This isn’t a sales pitch, and I’m not here to sugarcoat the offer. The Powerwall rebate is a decent price reduction on a first or subsequent Powerwall. But be mindful of the end-of-year rush, and don’t leave it to the last minute.

For those in the market for more energy independence or those on a Time Of Use tariff looking to avoid the evening peak, I personally consider the Powerwall the best battery available. It just works, it’s compact, the backup is reliable, the app is a joy to use and the control software behind the scenes does a great job of minimising your electricity bill; especially as tariffs get more complex. So this offer from Tesla might just be worth considering.

Original Source: https://www.solarquotes.com.au/blog/tesla-powerwall-rebate-australia/