In Canada, Tesla has started implementing Megapack energy storage solutions to create substantial savings.
While Tesla Megapack energy storage systems typically benefit large-scale energy projects, consumers also benefit. As Tesla’s website explains, “We took everything we know about battery technology to enable the world’s largest energy projects. A 1 Gigawatt hour (GWh) project provides record energy capacity—enough to power every home in San Francisco for 6 hours.” If the progress being made in Canada is any indication, the positive impact of such energy solutions will soon trickle down to homeowners and consumers too.
The news of the recent Tesla Megapack purchase by Saint John Energy further reinforces the project’s viability. The company purchased Tesla Megapack to perform peak shaving at their Millidgeville Substation in New Brunswick, Canada.
According to recent coverage in Global News, “Saint John Energy estimates it could save up to $200,000 annually by using the battery, meaning the savings could offset the cost of integrating the battery into the system in about seven-and-a-half years.”
It’s likely that these kinds of large scale energy-saving projects will be the first of many to utilize Tesla Megapack. From voltage support to peak shaving, the battery solution demonstrates yet another leap forward for Tesla’s green energy efforts.
