Cannabis Business News and Marijuana Industry Information
Tesla Batteries Can Benefit Marijuana Growers
May 2, 2015
Recently unveiled, the Tesla Battery gives home owners and businesses an easy, slick, affordable way to store electricity. The 10kWh battery costs just $3,500 and can be “stacked” in sets of up to nine units. Larger capacity batteries of infinitely-scaleable capacity will be available to large businesses and governments.
There’s three general use cases for the battery: storing electricity purchased during cheaper, off-peak hours for use during high-demand periods; storing electricity generated by solar power or other renewable sources for use around the clock; and as a backup power source for when the grid goes down.
And who uses an awful lot of electricity? Marijuana growers.
With two 10kWh Tesla Batteries, a commercial grow facility could shift some of its load to off-peak hours. Savings in demand charges alone could total $8,000 a year, while use charges could lower by $5,500, for a total savings of $13,500.