Tesla erases TX homeowner’s power bill and pays him over $1,000
We covered Tesla Electric payouts over the summer during a Texas heatwave, when many customers were paid over $100 for contributing to the grid. But one homeowner and customer of Tesla’s decentralized “utility” division racked up even more impressive earnings during 2023 — and wiped out his entire electric bill for the year.
X (formerly Twitter) user RG shared a screenshot from the official Tesla Electric app showing that for the calendar year of 2023, he paid zero dollars for electricity, operating fully in the negative. The details of RG’s setup include a 12.24 kW solar system and three Powerwall+ units with a combined capacity of 40.5 kWh. That’s a pretty robust generation and storage array, but according to RG, those three Powerwall+ were just enough to keep his home off grid usage during hot Texas summer nights (i.e., when no power is being generated, only consumed).
The bill statements show that it was likely the heatwave incident — the one linked in the first sentence of this post — that led to the big year-end payout from Tesla Electric. Between August 14 and September 13, RG’s net bill credits jumped from a little over $300 to over $1000, meaning he sold back around $700 of electricity to the grid over just one month.
Tesla Electric is currently only available in Texas, though launches in Australia and the UK seem to be planned. We know very little about the state of total deployment or how many customers Tesla Electric currently has.
Compared to the more common practice of individual homeowners using solar to sell back power to the grid during peak demand events, Tesla Electric effectively acts as a power broker for its customers, buying and selling energy directly. And like other Tesla Powerwall users, Tesla Electric customers can also act as a distributed “virtual power plant” (VPP) in the event of an outage or high-demand event, providing electricity to balance the grid. In the event they do need to use power from the grid, Tesla Electric customers can do so at a rate that is set by Tesla Electric, providing a buffer from the often outrageous demand pricing experienced by citizens of Texas.
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We covered Tesla Electric payouts over the summer during a Texas heatwave, when many customers were paid over $100 for contributing to the grid. But one homeowner and customer of Tesla’s decentralized “utility” division racked up even more impressive earnings during 2023 — and wiped out his entire electric bill for the year.
X (formerly Twitter) user RG shared a screenshot from the official Tesla Electric app showing that for the calendar year of 2023, he paid zero dollars for electricity, operating fully in the negative. The details of RG’s setup include a 12.24 kW solar system and three Powerwall+ units with a combined capacity of 40.5 kWh. That’s a pretty robust generation and storage array, but according to RG, those three Powerwall+ were just enough to keep his home off grid usage during hot Texas summer nights (i.e., when no power is being generated, only consumed).
The bill statements show that it was likely the heatwave incident — the one linked in the first sentence of this post — that led to the big year-end payout from Tesla Electric. Between August 14 and September 13, RG’s net bill credits jumped from a little over $300 to over $1000, meaning he sold back around $700 of electricity to the grid over just one month.
Tesla Electric is currently only available in Texas, though launches in Australia and the UK seem to be planned. We know very little about the state of total deployment or how many customers Tesla Electric currently has.
Compared to the more common practice of individual homeowners using solar to sell back power to the grid during peak demand events, Tesla Electric effectively acts as a power broker for its customers, buying and selling energy directly. And like other Tesla Powerwall users, Tesla Electric customers can also act as a distributed “virtual power plant” (VPP) in the event of an outage or high-demand event, providing electricity to balance the grid. In the event they do need to use power from the grid, Tesla Electric customers can do so at a rate that is set by Tesla Electric, providing a buffer from the often outrageous demand pricing experienced by citizens of Texas.
FTC: We use income earning auto affiliate links. More.
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