Tesla Powerwall 2.0: The Latest Pricing News for Canadian customers!

Jeremy Ying News, Tech Thoughts 9 Comments

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:


Dear Jeremy,

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 Solution:

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.
Sincerely,

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).

Comments 9

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      Author
  1. Thanks for this price warning. I was not prepared for the higher cost of installation. You can be assured that if the powerwall has to be within 5 feet of the panel at that price, it will take an electrician less than 1 day to install. Sounds like they are trying to make much more than Elon on this and a low Can dollar is a great excuse to confuse the pricing. Do they not realize early adopters who are doing this to save money, are far more inclined to do their homework and crunch the numbers? I put $500 down about 2 weeks ago but have not yet received the same call. My answer will be the same.

  2. I believe there is certainly merit to the system albeit the costs are huge. However we must realize that there is on going research and development that will continue to “tweak” the industry.

    Integration of solar panels, while a logical addition, do cause me concerns in a country such as ours where winter solar gain is greatly reduced. For example, I reside in Thunder Bay Ont and winters are long and dark (even more so for the more northern regions).

    I would see the requirement for both solar panels and wind generation as one possible solution.

    We should consider as well, that imagine every household was to transfer their respective residences to such a system, grid power usage would drop substantially.
    However infrastructure costs for maintenance of the existing grid system would remain. Less use of grid power would relate to lower revenues. In order to maintain the existing grid, price per kilowatt would obviously have to increase.

    Decreasing our demand on the grid and introducing virtual “stand alone” residences is something that really requires long term planning.

    It’s called ” cause and effect” that appears to be ignored in our rush to reduce our residential power use…and I say “power use” not “power conservation” because electricity is a driving force in our day to day lives and I for one have no desire to be living in an environment whereby I am using one 40 watt bulb. It’s the 2017, not 1917, and we all gain better lifestyles with the use of electricity.

    The manner of electrical generation is the key issue and I think we are moving in the right direction with further development of products such as the Tesla Power Wall.

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      Author
  3. Have you received any new info since last November? I did a breakdown cost for my home and this is the quote for installation:

    “Total cost excludes sales tax, permitting, fees, and solar power system. Typical installation cost ranges from $1,050 to $2,700 plus tax and permit fees.”

    This is on the Canadian site for Tesla and deposit is $650.

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      Author

      Hi Sarah! I haven’t received any new information since then. I’ll do some further groundwork, and see if the installation costs have changed since the announcement.

  4. We are building a “off the grid” cabin. The location is in southern Ontario but in winter sunlight is not always at a premium. Does the Powerwall 2 have the capability to accommodate a back up generator during those dark winter days. The cottage is designed to keep electrical needs low. LED lighting, wood stove and propane to cover heating costs and some appliances but require at 220 to power a submersible pump. We are currently looking at complete solar system with panels, AGM deep cell batteries, converter and all the works for around $12,000 Cd. excluding back up generator. Would the Powerwall 2 be a good choice for this kind of application and if so why?

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