13 Aug '17, 7am

Tesla Powerwall + High Electricity Prices Driving Australians To Energy Storage

Tesla Powerwall + High Electricity Prices Driving Australians To Energy Storage

The most important of these is net metering, a program by which a utility buys excess power generated by a home solar system, offsetting the cost of electricity consumed when the sun isn’t shining. The value of net metering depends on the feed-in tariff — the price that the utility pays for power fed back into the grid. A homeowner reaps the full savings of solar only if the feed-in tariff is equal to the retail rate for electricity. If the feed-in tariff is lower, then the homeowner receives a discounted rate for excess energy generated during the day when the sun is shining, but pays full freight for energy used at night.

Full article: https://cleantechnica.com/2017/08/13/tesla-powerwall-high...

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