Tesla Energy completed its latest commercial energy storage installation this and it was at a familiar place for the company: the Brea Mall in California. The automaker has a store at the location. Simon, the retail real estate company who owns the Brea Mall, announced the new system using the Tesla Powerpack today.
The installation consists of two separate systems: one 250 kW / 500 kWh system and one 500kW / 1MWh system for a total 750 kW / 1.5 MWh of capacity.
Mona Benisi, Simon’s Sustainability Head, commented on the announcement in a press release:
“This installation is an example of how Simon is incorporating energy efficiency into its business practices as part of its overall Sustainability framework. The Tesla Powerpack enables us to manage power demand, provide backup power and contributes to increased grid resilience. Having such capabilities means also having potential to scale energy efficiency and savings across multiple centers.”
The company expects to save “thousands of dollars annually” on its energy bill by charging the battery packs during off-peak hours, when the electricity rates are lower, and operate the system at peak energy consumption hours when rates are much higher.
They did not disclose the cost of the system, but pricing a Powerpack system of the same capacity on Tesla’s ‘Design Your Powerpack System‘ tool gives a quote of ~$880,000.
We recently reported that Tesla reduced the price of its Powerpack and commercial inverter by a significant amount.
This new system at the Brea Mall adds to several other projects that Tesla and its energy partners installed over the last year, including a 12 MWh contract with Cal State University, another one for several office buildings in Irvine, and more recently in Morgan Stanley’s San Francisco skyscraper.