Tesla Energy Plan

Unlock Savings with the
Tesla Energy Plan

As a South Australian resident, purchase Powerwall for $3,499* plus installation (incl. GST and Home battery rebate) and receive the lowest energy rate in the state* with the Tesla Energy Plan.

It has never been more affordable to power everything with clean, reliable energy.


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Tesla Energy Plan - Customer FAQs

1. OVERVIEW

What is the Tesla Energy Plan & Powerwall offer?

As part of the new Tesla Energy Plan, Tesla is offering South Australian customers a special rate of $3,499 for Powerwall and supporting hardware, plus installation; this is inclusive of GST and includes the home battery scheme rebate. With the offer, your Tesla Powerwall and solar will support a brand-new type of energy plan that offers greater energy bill savings. To access the special rate for Powerwall, you must also sign up to the Tesla Energy Plan.

Our plan removes the daily supply charge, providing over $300 of savings per year on average, and offers the lowest energy usage rate available in the market at 31.13c/kWh incl. GST. (with a saving of 35% from the reference price*) and still provides a feed-in tariff for your solar export.

The plan is administered by Tesla’s authorised retail partner, Energy Locals, and connects your solar system and Powerwall to a Virtual Power Plant (VPP) where excess energy produced by your system can be exported back to the grid to benefit both you and the community.

*35% less than the reference price based on 4000 kWh/year on this residential tariff in the SA Power Network region. The lowest annual price for 4000kWh is $1245. Your bill will differ based on your usage.

What are the key benefits of this offer?

  1. You can purchase Powerwall from $3,499 plus installation, whereas outside of the Tesla Energy Plan, Powerwall typically costs $5,700 plus installation in South Australia.

  2. The Tesla Energy Plan empowers you to save more with ongoing bill savings:

  1. Our offer will completely remove the daily supply charge from your bill so that you have full control over your usage.
  2. You can live completely within your solar power generation and receive a $0 bill.
  3. Any excess energy you need to import from the grid as a top-up will be charged at the lowest generally available usage rate in the market (with a saving of 35% from the reference price and as at August 2019).
  4. You receive a competitive fixed rate feed in tariff of $0.10/ kWh for your solar exports.
  5. By joining Tesla’s SA VPP community you will be playing a key part in accelerating the transition to a sustainable energy future.

How can you not charge a daily supply charge?

The traditional electricity retail model is becoming increasingly reliant on the daily supply charge, a fixed cost irrespective of how much or how little energy you actually consume.

The Tesla Energy Plan works by connecting your solar and Powerwall with a network of other solar and Powerwall owners, all working together as a VPP to provide grid services. This means Tesla will be accessing the energy in your Powerwall to optimise it for every minute of the day, so that we can use this energy where it is needed most and offer you the best energy plan – one with no daily supply charge.

2. SAVINGS

How much will I save?

Offering customers Powerwall from $3,499 plus installation, the Tesla Energy Plan provides significant upfront savings on the cost of purchasing Powerwall as well as longer term energy bill savings.

With a $0 daily usage charge, we also expect customers to save over $300 per year, in addition to any existing solar and battery savings when compared to the Default Market Offer.

You’ll only be charged for energy imports after first consuming all solar and Powerwall battery energy. Any additional energy needed to power your home will come from the grid at the lowest generally available usage rate in the market as at August 2019. In addition, you will also receive a flat fee feed-in tariff (FiT) of $0.10/kWh.

The Tesla Energy Plan is 35% less than the reference price based on 4000 kWh/year on this residential tariff in the SA Power Network region. The lowest annual price for 4000kWh is $1245. Your bill will differ based on your usage. View Basic Plan Information Document.

What is the expected payback period (return on investment)?

The Tesla Energy Plan offers value for customers looking to purchase Powerwall as it also unlocks an energy plan that has been specifically designed to maximise the value of your system.

Based on a typical customer load profile, the payback period has previously been between 8 to 10 years for customers purchasing Powerwall independently. Under the Tesla Energy Plan offer, customers can now expect payback periods starting from as low as 5 years.*

*Note that payback periods are dependent on your total (and time of) usage. This payback is based on a customer bill comparison with the Default Market Offer.

How is the offer different to South Australia’s Home Battery Scheme?

This offer compliments the South Australian Home Battery Scheme and subsidy support available (where SA Government is providing up to $6,000 off the upfront cost) when purchasing your Tesla Powerwall. All prices referenced already factor in this subsidy.

How is the Government subsidy administered?

The South Australian Government is working with Australian peer-to-peer lender, RateSetter, to administer the subsidy through its Home Battery Scheme. Should you accept a quote for Powerwall, Tesla will provide you with a link to the RateSetter website where the subsidy will be applied, and where you can apply for financing if required. This can be done over the phone or online. The Government subsidy is taken off the cost of Powerwall and given to Tesla once the system is installed.

3. ELIGIBILITY & SIGN-UP

Am I eligible for this new offer?

You are eligible if you are a resident of South Australia.

What is the sign-up process?

To get started follow these 3 simple steps:


  1. Sign-up with Tesla: request a call-back and we’ll contact you to discuss the benefits and conditions of the offer. If you want to take advantage of the Tesla Energy Plan special pricing on Powerwall, we’ll help you finalise your Powerwall purchase and sign you up to the Tesla Energy Plan (pending system installation) at the same time.
  2. System installation: we’ll then work with our team to get your system installed as quickly as possible. Note this process can take up to 3 months depending on the installation process and your local distribution network requirements.
  3. Activate the ongoing savings: once your solar and Powerwall system is fully installed, we’ll transfer you onto the Tesla Energy Plan, so you can get access to the additional savings that it offers.

I already have solar and Powerwall. What’s next?

You can transfer onto the Tesla Energy Plan straight away. As per the Tesla Energy Plan’s Terms and Conditions, if your system is properly functioning, maintained and is connected to the internet (ideally through Wi-Fi or an ethernet connection), you can make a simple switch by signing up to the Tesla Energy Plan today.

What if I don’t have solar panels?

To be eligible for the Tesla Energy Plan, you must have both a solar PV and Powerwall system fully installed. We are happy to provide you with a quote for both solar and Powerwall. Households with existing solar systems will be able to purchase new or additional solar panels when purchasing Powerwall.

Do I have to own a Powerwall to join the energy plan?

Yes. The Tesla Energy Plan uses the combination of rooftop solar with a Tesla Powerwall to provide additional benefits. All customers signing up to the plan must therefore have purchased a Powerwall battery system and solar PV before joining.

For customers who are awaiting the installation of their system, we’ll manage the transfer process after you sign up and once your system is installed.

SA VPP customers currently participating in the Phase I and II trials are not eligible to sign up to the Tesla Energy Plan, as they do not own their own system. The benefits they receive include a market leading electricity consumption rate, enabled by the installation of a Powerwall and solar system installed at their property free of charge.

What happens if Powerwall can't be installed at my property?

To be eligible for the Tesla Energy Plan you require a fully installed solar and Powerwall system. If you initially sign-up to the plan, but then subsequently find out that your Powerwall installation cannot proceed for any reason, your Powerwall and Tesla Energy Plan contracts will be cancelled as per the Terms and Conditions and you will remain with your existing retailer.

What if I rent my home? Can I still access this offer?

Yes. You don’t have to own the home to access the Tesla Energy Plan. However, you will need to obtain approval from the property owner to have a Powerwall and solar system installed and be able to demonstrate the property owner’s consent to Tesla prior to installation. You will not be able to remove the Powerwall should you move out of the property.

Will I lose my feed-in tariff on my existing solar system?

In addition to avoiding any form of daily fixed charge, the offer also provides a generous solar feed-in-tariff of $0.10/kWh, plus the cheapest energy rate in South Australia.

Customers should note that when switching to this plan you will transition away from any retail incentives provided by your current retailer – including any feed-in-tariff being provided, including government sponsored feed-in-tariffs. Your eligibility to receive existing feed-in credits will cease from the date of your application for approval to connect the home battery system is submitted to SA Power Networks.

*Cheapest generally available energy usage rate in South Australia as at August 2019.

I’ve just signed up to a retailer, can I switch to this plan now?

Yes, you can. If your house has a solar system and Powerwall fully installed you are eligible for this energy plan. The standard 10 business day cooling off period applies between retailers, and Energy Locals will manage the switch for you.

Does this offer allow me to live off the grid?

No. A requirement of the South Australian Government subsidy scheme is that all batteries, including Tesla Powerwalls, are capable of being part of a Virtual Power Plant. For this reason, your home needs to be connected to the SA Power Network’s electricity network.

What happens if I sign up now but then want to leave later? Are there penalties?

If you are purchasing a special price Powerwall as part of signing up to the Tesla Energy Plan, Tesla may choose to apply an early termination charge (up to $1200) should you seek to leave the Tesla Energy Plan within 12 months. So long as you stay on the Tesla Energy Plan for 12 months, you will not incur any termination charge.

The Early Termination Charge is calculated in accordance with the following formula:

Early Termination Charge payable = $100 x the number of months remaining in the Minimum Term

(Minimum Term is 12 months; so maximum Early Termination Charge payable is $1200)

It’s important to remember the Tesla Energy Plan has been specifically designed to maximise the value of your Powerwall and we’re confident that our plan has been tailored to offer the greatest benefit for you. If you want to change your offer or move to a different energy retailer for whatever reason beyond the minimum contract term of 12 months, there will be no exit fees or contract lock-ins.

There are no exit fees or contract lock-ins that will apply to Tesla Energy Plan for customers that have existing Powerwalls at sign-up.

4. MANAGEMENT

How is Tesla involved?

This is a Tesla-led and designed offer that integrates Tesla’s leading sustainable energy storage products with an innovative retail energy plan. Building on its world-leading Powerwall battery technology, Tesla is now looking to empower customers even further – using software to optimise the performance of your solar and Powerwall battery system so that you can save even more, whilst also providing renewable energy back to your local community when needed most.

Tesla is working with authorised retailer Energy Locals to keep your bills simple and transparent.

How is Energy Locals involved?

Energy Locals will provide all the energy retail services, including account management and friendly customer support. Energy Locals is an Australian clean energy provider that offers a fixed retail margin to make energy cheaper and fairer.

How is the government involved?

The SA Government is not directly involved in the operation of the Virtual Power Plant or the Tesla Energy Plan but is generously supporting the Home Battery Scheme with up to $6,000 of subsidy per Powerwall.

5. VPP SYSTEM OPERATION

What is a Virtual Power Plant (VPP)?

A Virtual Power Plant is created by a network of homes with solar panels and battery storage systems all working together to generate, store and feed energy back into the grid.

Typically, energy from a home’s solar panels and battery system mainly provides electricity for the house on which it is installed. However, energy generated and stored by the system can also be used to provide essential grid services. Tesla can aggregate your system with others and coordinate these services as a VPP to help power South Australia and therefore benefit the wider community – including your friends and family.

All of the VPP operations will be seamlessly controlled using Tesla’s world-leading optimisation software, so you can sit back and enjoy savings on your energy bill.

Why do you need control of my Powerwall?

The aim of the Virtual Power Plant is to maximise the value of your solar and Powerwall system and to help stabilise the grid to prevent outages in your community. This means Tesla will be accessing the energy in your Powerwall to optimise it for every minute of the day, so that we can use this energy where it is needed most and offer you the best energy plan.

A VPP controls each system centrally to support the needs of the grid, similar to a large power station. Sometimes this may mean your Powerwall is charged or discharged differently to how it may operate under individual operation (i.e. if you were not part of a virtual power plant). For example, the VPP may export energy during peak times and provide valuable grid services to keep the grid running. Tesla then passes this value back to you through a lower energy bill.

How will Tesla manage grid exports?

The Tesla Energy Plan has been designed to provide savings and is specifically tailored for you. Optimising your solar and Powerwall system, we will export any excess solar not needed to power your home or to charge your battery. During times of grid events, your battery may also be used to export energy to the grid, as to maximise the value delivered by your system and provide benefits to the community.

How will Tesla manage grid imports?

As with grid exports, grid importing under the VPP has been designed to maximise value delivered by your system. During times of grid events, your battery may require additional energy from the grid. As this will be over and above the requirements needed to cover your ordinary household consumption, Tesla will ensure this is not included in your bill charges (and will provide a transparent indication of what has been credited back to you as part of your bill).

What happens during times of grid outage?

Individual Powerwalls have back-up capability as a standard feature to ensure a seamless transition to keep your lights on when there is a grid outage. As part of the Tesla Energy Plan, we will let you reserve up to 20% of the energy capacity in your Powerwall as back-up. This level of energy reserve provides the typical customer with 2 hours of power.

Your Powerwall will also benefit from our Storm Watch feature, which forecasts severe weather events (the leading cause of power outages) and automatically charges your Powerwall to maximum capacity as protection.

What is the data policy for this offer?

As your retailer, Energy Locals takes your privacy seriously and has published a Privacy Policy that outlines exactly how they will collect, store, use and disclose personal information.

6. CONTACT US

If you have more questions about the Tesla Energy Plan, request a call back from a Tesla Energy expert.