News & Analysis

South Australia’s Tesla ‘Big Battery’ saved consumers $116 million in electricity costs last year

- March 9, 2020 2 MIN READ

The $200 million “Big Battery”, installed in South Australia in 2017 by Elon Musk’s Tesla company, has almost paid for itself, saving consumers around $116 million in higher power costs in 2019, a study by engineering and project management firm Aurecon has concluded. That figure is nearly treble the $40 million saving in 2018. The… Read more »