Well, this wasn’t a phonecall that I expected to receive! After several months of waiting after putting my name on the Tesla Powerwall waitlist, I received a surprise call from MPOWER Energy Solutions, one of Canada’s preferred installers for Tesla’s Powerwall 2.0.
Let’s cut to the chase, here. The (very professional) sales representative that I spoke with told me the following:
- Unlike the 1st Generation Powerwall, the Powerwall 2.0 has twice the energy capacity
- The Powerwall unit itself costs $7800 CAD. Installation costs about $5000 CAD. Before taxes. Yeouch.
- Installations start in January 2017
He suggested having an on-property assessment to determine whether our house would still be a good Powerwall 2.0 candidate. This would require a fully-refundable $500 deposit. They were nice enough to send me a very detailed email with some additional info. Copy/paste from it:
Thank you for your interest in MPOWER Energy Solutions featuring the Tesla Powerwall.
Who We Are:
MPOWER Energy Solutions was created to help accelerate Canada’s transition to a clean energy future by delivering smart, reliable energy services and solutions.
From our head office in Toronto, we have built a dedicated service and support network to deliver our exciting new product to Canadian homeowners and small business.
Our automated and fully-integrated green energy solution is helping homeowners and small businesses further their sustainability goals and reduce their carbon footprint, today.
The MPOWER Solution includes a sophisticated combination of equipment, including:
- Tesla Powerwall 2 – to store the energy needed to deliver safe and effective power;
- Meter – to monitor your connection to the electricity grid;
- Secondary Panel + Autotransformer – to isolate and power essential appliances needed in a power outage.
Today’s Smart Energy:
The MPOWER Solution can be connected to solar panels to charge the battery during the day. Without solar panels, it can reduce energy bills by charging the battery when energy costs are at their lowest and strategically shifting power use to battery power when rates are higher.
A standard installation of a Single Powerwall can typically power your lights, sockets & fridge for 12-24 hours, providing security, safety and peace of mind during an outage. A MPOWER Certified Installer will work with you to determine the right solution for your property.
Installation & Pricing:
With sophisticated technology at its core, our system requires installation by a licensed electrician with both MPOWER and Tesla certification. Every installation is supported by our dedicated service team who will manage every step of your installation so you know your Solution is correctly configured and safely installed.
- A Single Powerwall Solution investment is approximately $12,800*:
$7,800 CAD for Powerwall + additional installation and utility grid commissioning and electrical safety authority certification costs (average $5,000 for a standard installation*)
- A Second Powerwall is an additional $7,800 (installation extra)
Let our team help you determine what Solution is right for you.
We will give you a call back on Tuesday, November 22, 2016 to answer more of your questions and discuss how you can take the next step in owning the smart, clean energy of tomorrow, today.
Your MPOWER Energy Solutions team
Exclusive Canadian reseller and Installer of the Tesla Powerwall
*A standard installation assumes all electrical and building infrastructure is code compliant and no upgrades are required, conduit is expose and the Solution is installed within 152cm / 5′ of the main electrical panel.
And financing IS available. MPOWER goes through Financeit, a 3rd party financing company. They offer:
- Fully open loan (can be paid back any time with no penalties)
- As low as 6.99% APR + 1% service fee (subject to credit approval)
- Maximum term is 15 years
My decision: Not pulling the trigger just yet. $12,800 is a lot more expensive than I thought it’d be. I raised concerns about the installation cost to the MPOWER representative that I was speaking to, and he told me that the ~$5000 installation cost not only comes from the actual labour cost for the hired electrician, but also from the cost of importing the Powerwall 2.0 + meter + secondary panel + autotransformer from the U.S. There’s also the weak CAD$. I fully understand where the high costs are coming from. But I’ll be holding off until Tesla offers a fully-packaged Powerwall + solar roof bundle (and with the recent merger of SolarCity and Tesla this is a very real possibility).