Published: Mon, February 05, 2018
Markets | By Noel Gibbs

South Australia to roll out 50000 Tesla-backed home solar systems

South Australia to roll out 50000 Tesla-backed home solar systems

The project was initiated via Twitter as a bet (which proved successful), with Musk promising the system "100 days from contract signature or it is free".

"We lead the world in renewable energy with the world's largest battery, the world's largest solar thermal plant and now the world's largest virtual power plant", he said in a televised interview from the state capital of Adelaide.

Beginning with a trial of 1100 Housing Trust properties, a 5kW solar panel system and 13.5kWh Tesla Powerwall 2 battery will be installed at no charge to the household and financed through the sale of electricity. We will use people's homes as a way to generate energy for the South Australian grid, with participating households benefiting with significant savings in their energy bills.

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As part of a four-year project, solar panels will be supplied and installed in the largest project of its kind.

"A vote for any other party risks another four years of the same exhausted, chaotic, dysfunction in South Australian politics and government", Mr Turnbull said.

The government will this week issue an expression of interest for a retailer to deliver the program, with the intention of bringing additional competition to the market. "Our energy plan means that we are leading the world in renewable energy and now we are making it easier for more homes to become self-sufficient", he said in an interview with Renew Economy.

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Data from Frontier Economics suggests the 250-megawatt system could lower household bills by as much as 30 percent. "The reason that we can have the world's largest battery is because we have one of the highest proportions of public housing stock in the nation".

The Minister for Social Housing, Zoe Bettison, said the decision to install the systems in Housing Trust homes would assist the most vulnerable.

The March 17 election is shaping up to be a three-way contest between the major parties and Nick Xenophon's SA best party.

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