In November 2016, our analysis shows that a Tesla Powerwall and a 5kW rooftop solar system could deliver electricity around the same price as grid power. Our latest estimate shows solar and storage is now significantly cheaper.
In late 2016 Tesla launched the Powerwall 2, halving the price of storage relative to Powerwall 1.
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.