<<2 BUCKS a kWh!!! The heck with powerwall, that’s only 13.5 kWh. I’ll fill up my car, that’s 82 kWh, and sell [most of] it back to them at 2 bucks per … and then fill it up again the next day if necessary.>>
Well, aside from the offer only being in play during rare days when the grid is over-taxed, would you really do this on the regular if you could?
I will never do it, because my car doesn’t currently support reverse power supply. I was kind of kidding due to my shock of the high price per kWh. I mean, if it happens 5 times a year, 40kWh each time (half the total) on average, then it would be 200kWh/yr at $2, or a total of $400/yr. Considering that you can easily recharge a few hours later at $0.25/kWh, then the annual “profit” would be $400 - $50 (to recharge in CA), or $350. That’s not bad for a very slight possibility of inconvenience. But it’s also not enough to attract the vast majority of EV owners.
I suppose the payoff is high enough to fund a new car battery when it’s necessary. If you cycled 40kwh daily for $80/day, that would roughly be the equivalent of putting 58,000 miles on your car battery per year, at 4 miles per kwh. You’d earn $29k, which I suppose you’d have to pay taxes on. If your marginal tax rate is 25%, you’d clear about $22k.
I suppose it would be worth it, but not necessarily so. As long as your charge and discharge rates were moderate you’d probably be fine. If you were super-charging daily, that would probably be a problem.
It’ll NEVER happen daily, because if it was daily, and the power company had to pay $2/kWh all the time, they would build another power plant instead.
Anyway, my point was that the powerwall with 13.5kWh is relatively puny when compared with a car with 82kWh (or perhaps a high-end F-150 lightning with 131kWh). This is also why a solar system with powerwall isn’t as useful as expected for charging a vehicle at night. The most it can collect throughout the day is 13.5kWh, and the most it can charge the car at night is 13kWh or so (that’s 47 miles for me, probably enough for average daily driving 5 or 6 days a week). But if you use the entire powerwall stored power on the car every night, you lose the home backup aspect of it. It’s really a conundrum, and part of why I can’t decide to install solar yet. I know that I would want 2 (or maybe even 3) powerwalls, but that bumps the cost WAY up, and makes it uneconomical over 15+ years. Even without the battery subsystem, unless I assume large increases in electric rates, it is not quite economical yet.