news One of the first Australian residents to install the Tesla Powerwall home power storage unit has had its power bill slashed by almost 94% in its first quarter, it has been claimed.

According to Natural Solar, that firm that installed the unit, the Pfitzner family have received their first quarterly electricity bill since the Powerwall and a solar system were installed in January.

Notably, the price for their power had dropped from $660 to just $40.46 for the period.

“Australian homeowners are used to power bills surging year on year with an average increase of 120% nationally in electricity prices over the last 10 years,” said Chris Williams, Managing Director of Natural Solar.

“It’s extraordinary to see such a significant decrease for the Pfitzner family and clearly demonstrates why we are experiencing such strong demand for our home and commercial battery storage solutions,” Williams said, adding: “The utility companies will be hurting from this disruptive technology as it puts the power back into the consumer’s pocket and we now have data to support the benefits.”

In this case, should energy consumption remain at a similar level, the Pfitzner family should expect to see a complete return on their investment in six to seven years, Natural Solar said.

The Pfitzner family’s suburban Sydney home includes four bedrooms, internal laundry, a pool and outdoor entertaining area. Their solar energy solution includes the Tesla Powerwall, an array of 5kWp of solar panels, a SolarEdge inverter and cloud-based monitoring software to monitor the output of energy from both the system and the Tesla Powerwall.

Williams said that “thousands of Australians” have now moved to embrace the shift to battery power.

“Our belief at Natural Solar is the uptake over the next 12 months will continue to increase as more battery storage solutions become available in market, and the price of power continues to soar nationally,” he predicted

The Tesla Powerwall stores solar energy during sunlight hours, allowing homeowners to use it at night, avoiding the need to sell excess energy back to the grid.

“Our number one mission is to educate the Australian public on the advantages this truly disruptive technology offers. This real life consumer example of the Tesla Powerwall in action shows the true impact that battery power can make to the average Australian family and home, Williams said.

Image credit: Tesla