“Virtual” energy at the lowest cost: this is how Tesla wants to revolutionize the electricity market
Cheap energy, a network of homes interconnected in the same network to create a “virtual” power plant and resistance to power outages. These are some of the keys to the Tesla Energy Plan, Tesla’s ambitious plan to offer its own electricity rate.
This solution, presented in 2015, is already a reality in the United Kingdom, continues to take steps in Australia and, according to German sources, will reach the entire German territory as of today. We are going to tell you the keys about what it is and how it works Tesla’s electricity rate, a technology to offer green energy at low cost.
What is and how does the Tesla electric plan work?
The Tesla Energy Plan (TEP) is an energy tariff designed specifically for solar-powered homes and Tesla Powerwall installed. The Tesla Powerwall is a wall battery, capable of storing the surplus energy that we generate in our home.
With the Powerwall, the home can have power even in the event of a power outage, as is capable of storing energy from the grid itself to which it is connected to use it at night or when there is no light, with a limit of 8,000 kWh / year.
Tesla’s “Virtual” Power Grid Connects Every Home to PowerWall, for a Greater Supply of Clean Energy
Tesla’s idea is to connect homes with Powerwalls and solar panels to each other to create a gigantic “virtual” power grid. In other words: a national grid that generates clean and low-cost energy, distributed among the homes connected to said network. Tesla is in charge of evaluating the viability of the home and determining if it is valid to be part of the network, so it is not guaranteed that anyone can access this plan.
In both the UK and Germany, by joining the Tesla electricity tariff, we will have a plan managed by Octopus Energy, Tesla’s authorized retail partner. The energy is paid at the purchase price (it is bought and sold at the same price) in the market, a price to which must be added a daily fixed charge and the cost of the Powerwall itself, which has a price of about 6,000 euros per unit (price that varies according to units needed, installation, etc.). These buy and sell prices vary depending on our location.
As in other types of tariffs with solar energy, the customer is paid for surplus energy that is not used, and this energy is reused when distributed by other PowerWalls.
In territories such as the United Kingdom, Tesla promises savings on the up to 64% compared to large electricity companies, ensuring that they sell the cheapest green energy in the territory. With its expansion into German territory, Tesla’s energy plan is advancing in Europe, in the midst of a crisis due to electricity prices, which continue to climb without brakes.