I thought I would share my thoughts after recently going through this exercise.
I had a number of quotes recently one from Joju Solar and one from Tehys Energy in Reading. I think I was there most demanding customer with the amount of questions and variants I went through.
Effectively a Powerwall is about £10K installed with the backup gateway. I am on 3-phase so my costs will be slightly higher than most.
Couple that with an 8kWp 20 panel solar array and that rises to £18K. That includes £1K of scaffolding over a rear extension and glass conservatory too.
The 20 panels are high output, and connected to a 3-phase solar edge inverter too.
You also have to realise that there is no more 5% VAT rate anymore unless you hit certain criteria. So at least you need to take the older prices and add on an extra 15%. That is currently affecting the take up of solar and batteries.
I chose the Powerwall over the other batteries due to the unlimited cycle times, the peak and continual load and the fact that Tesla claim they will either offer subsidised repairs or a trade in value against replacement if the pack fails out of warranty. The last thing I wanted was to have a set of very large faulty batteries sat in the garage which I could not dispose off.
Appreciate everyone will have different reasons for their choices.
The export payments are not worth a hoot. payback for me is around £60 per year. Overall can it pay? well yes, its hard to predict the future though, it depends on usage etc. I have come up with my own model, it is conservative compared the the standard MCS calculations provided by the installers. I am not really looking for a payback but had to sell it to the missus under the "Spend to save" budget.
Below are my forecasts on annual energy usage of 9,681kWh. I have made the assumption that in 5 years the Octopus go tariff may no longer exist and will therefore follow the cost of a standard tariff. Costs include maintenance, the second chart shows the break even costs with a battery trade in too. As noted in a previous post the hardest thing to forecast is the tariff changes, you really only make a big saving whilst there is cheaper hours to charge your battery/car. Failing that you move to the Tesla Energy tariff, where effectively Tesla manage and cycle your battery umpteen times a week/day, effectively reducing the life of it, without extending the warranty to compensate.
Not to say the figures are correct, but worth sharing the result from my own model. So that gives me a payback of 16 years against Octopus Go and 19 years if I add a replacement battery. Am hoping that those figures turn out to be too conservative, but if the tariffs change considerably then it is anyones guess. Touch wood we will recoup the costs. If not at least I will have the satisfaction of heating and lighting during a power outage. If you are looking for a ROI then look at investments or your pension, if you are looking to be self sufficient or reduce your CO2 then look at solar, it all depends on what your drivers are.