Power all with the Powerwall!

If you haven’t heard of the new Tesla battery, you may be living under a rock. Tesla’s new battery is the talk of the town and it’s everywhere in the media. Why? It aims to take homes and businesses off the grid.

What is the Tesla Battery?

Model S Lithium Ion Battery

Model S Lithium Ion Battery

The new Powerwall Tesla Home Batteries are lithium ion batteries that come in two sizes – 7kWh and 10 kWh – and are combined with solar panels. The 7kWh battery is for daily usage and is designed to be mounted on a wall while the larger counterpart is stored for backup when the electricity may go out. The battery charges during off peak times when the rates are lower. The 7kWh batteries, when paired with other batteries, are sufficient enough to store customers’ generated electricity and use it during those expensive peak hours, or when the sun goes down. The start-up costs begin at approximately $3000 to $3500 and may be more before installation, making this new upgrade a less desirable option for many consumers. Tesla batteries are said to decrease in price by at least 50% in the next 10 years making them more affordable for homeowners and making them more practical in our daily lives.

Tesla Powerwall

Tesla Powerwall

What is its use?

When energy is generated in excess amounts, the unused energy is stored within a battery. When a battery is not present to store the energy it is often sold back to utility companies and then sold to customers later when they need it. In Ontario, we have to get people to pay us to take our excess energy at night time. The utility companies end up making money from the power you generate. The Tesla battery allows you to store the energy you make from solar energy and use it when you need it. Not only does it provide an economic benefit to home and business owners, but it also provides benefits for the environment.

Green Venture’s Plans for the Future

Current GV Battery System

Current Battery System at EcoHouse

Green Venture currently has two solar systems and a wind turbine on site to harvest renewable energy. We hope to replace our current batteries with the Tesla battery as soon as possible. The investment will help conserve more energy and will allow us to explore newer technologies and implement them into our daily lives. Right now we are using a battery bank, 24v dc system. We plan on using the tesla batteries in conjunction with our solar panels that we have on site. The power we save, we can store and use in the EcoHouse or to power the on-site Community CarShare Plug-In Prius Hybrid. During blackouts we will still have power at EcoHouse and be able to go about with our daily activities. There are endless possibilities with the new Tesla battery here at Green Venture!

Written by: Ramsha Ahmed

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