Tesla Powerwall is being offered at €4,500 instead of €7,000 to Dutch households which already have solar panels
When Tesla Motors Inc. (NASDAQ:TSLA) initially launched its stationary-storage arm, Tesla Energy, and unveiled its products with details, they were said to 1/17th the average market price. Now, Dutch consumers can get Tesla’s residential storage system at A 35% discount, according to The Verge.
Since the Powerwall becomes pricey with the addition of solar panels and inverters, the technology is still unaffordable for the majority. However, a Dutch electricity company named Eneco Holding NV, which is Tesla Energy official distributor in The Netherlands, has subsidized the storage battery’s price through a new program dubbed CrowdNett.
Eneco usually offers the Powerwall at €7,000 ($7,870); however, its price is reduced to €4,500 with the new program, representing a discount of more than 35%. There are about 400,000 households in the country which already own solar panels. The company plans to develop a “virtual power plant” of 400 networked batteries through the program, implying that only 400 homes could get the system at the subsidized rate.
The electricity stored by the virtual power plant is aimed to be used to assist the national grid to overcome persistent locations on loads. The reserves are usually supplied through non-renewable sources such as coal and gas power plants.
The households participating in CrodNett program will get an annual payment of €450 for a period of five years in exchange for providing 30% of the store energy with each Powerwall. According to Eneco, customers will “barely notice” that in day-to-day practice.
Ampard, a Swiss intelligence in solar + storage systems, will offer expertise to transmit electricity back to the grid, just like it has been doing in Switzerland. To qualify for the program, Dutch households must have an already-installed solar panel with smart meter place, an Internet connection, and sufficient space to install the Powerwall.
With this program for Dutch consumers, Eneco plans to take its services to the rest of the Europe as well. According to Electrek, a Vermont-based utility, Green Mountain Power, also offers discounts on the Powerwall in the US. However, the offer is available only for those households which are willing to provide excess energy back to the grid.