Tesla and South Australia enter deal to power 50,000 homes

At least 50,000 homes in SA will be given solar panels and batteries in a scheme by Elon Musk’s Tesla and the SA Government to build the world’s largest virtual power plant, slashing household power bills in the process.

Under the deal unveiled by Premier Jay Weatherill ahead of the March state election, solar systems and batteries will be supplied and installed free of charge.

The cost of the project will be financed through the sale of electricity, generated by the panels, in what Mr Weatherill said would be the largest project of its kind.

“We will use people’s homes as a way to generate energy for the South Australian grid, with participating households benefitting with significant savings in their energy bills,” Premier Jay Weatherill ahead of the March state election said.

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