The Australian Government has initiated large-scale renewable energy by instituting the Renewable Energy Target scheme to commercial establishments and businesses as well as personal households. What is the Renewable Energy Target scheme? RET scheme is the government's way of encouraging Australian businesses and households to renewable energy systems in order for the country to reach 20% of its electricity generation from renewable energy by 2020.
Whether engaged in small-scale or large-scale businesses, your company inevitably utilises energy sources to sustain machinery operations. Most energy sources used by companies are from petroleum products and fossil fuels. These energy sources are non-renewable, continuously depleting, expensive and harmful to the environment. Thus, it is time for you to shift your business to an energy source that is sustainable, inexpensive, environment-friendly and renewable.
Electricity is one of the most important commodities for every person, household, and business in the world. Without energy, human productivity will immensely and abruptly halt. We rely too much on machineries, technologies, appliances and other electric-powered gadgets in every aspect of our lives whether it be at home or in school or in business. But most of the electricity we use today is non-renewable, meaning after its usage it is emitted to the environment which carry the burden of the carbon dioxide discharges. Thus, innovations have been introduced to switch to renewable energy --- particularly the usage of solar power.
Solar panels only get to work when there is sunlight to convert, so what happens to your electricity supply when the night comes in? Don’t worry! Solar Energy Companies have thought of a solution for that. There are several options that you could avail of. It could be that at night, you will connect to the main grid and source your electricity consumption at night from them or you could install a back-up battery that could supply your electricity all through the night without having to rely on the main grid. Of course, the latter is a better option, if you want to save money.
The BBC's Richard Taylor explains how the Tesla home battery would work
Chief executive Elon Musk announced the firm would build batteries that store solar energy and serve as a back-up system for consumers during blackouts.
The device would allow consumers to get off a power grid or bring energy to remote areas that are not on a grid.
Tesla plans to start shipping the units to installers in the US by this summer.
In a highly anticipated event near Los Angeles, Mr Musk said the move could help change the "entire energy infrastructure of the world".
"Tesla Energy is a critical step in this mission to enable zero emission power generation," the company said in a statement.
The rechargeable lithium-ion battery unit would be built using the same batteries Tesla produces for its electric vehicles, analysts said.
The system is called Powerwall, and Tesla will sell the 7kWh unit for $3,000 (AUD 4,285), while the 10kWh unit will retail for $3,500 (AUD 5,000) to installers.
Energy comparison firm USwitch estimates that one kWh can power two days of work on a laptop, a full washing machine cycle or be used to boil a kettle 10 times.
Mr Musk said the company would partner with SolarCity to install the home batteries, but there would be more companies announced.
Mr Musk is SolarCity's chairman and largest shareholder.