Tesla Electric's new electricity plan bills fixed peak/off-peak rates on import, but pays 90% of the real-time wholesale price on export. Here's how it works.
Tesla Energy Ventures Australia has directly entered the Australian residential electricity market by launching a proprietary retail product known as the Dynamic Plan. Available via the official website and enrolled through the mobile application, the strategy splits supply costs into fixed time-of-use consumption brackets while adjusting generation payout rates dynamically against spot prices. The directly managed release serves as a successor to the prior Tesla Energy Plan, which was delivered in conjunction with Energy Locals prior to its termination on Sept. 30, 2025.
Under the structure of the Dynamic Plan, electricity drawn from the grid is billed via standard fixed blocks that are evaluated periodically. On a standard profile within New South Wales's Ausgrid network, power imports carry a peak price of 49.71 cents per kilowatt-hour between 3:00 p.m. and 9:00 p.m., while off-peak usage between 9:00 p.m. and 3:00 p.m. is set at 24.02 cents per kilowatt-hour. These scheduled rate tiers are designed to provide monthly billing predictability for incoming power.
Exports of surplus power generated by solar installations or battery systems are handled differently. Through an Export Credit, participants receive 90 percent of live wholesale grid pricing. Consequently, earnings fluctuate based on real-time market movements, yielding lower compensation when solar output depresses mid-day wholesale values and higher payouts during evening demand spikes.
In addition, Powerwall battery owners can earn variable revenue via a separate Grid Services Credit. This incentive covers grid stabilization, such as frequency control ancillary services used to maintain instantaneous system equilibrium. When engaged for network balancing, Powerwalls may automatically charge, discharge, or switch to standby mode. Published financial figures and set rate schedules for these battery grid dispatches have not been disclosed, leaving total compensation dependent on activation frequency.
The Dynamic Plan differs from competitor Amber Electric, which applies floating 30-minute wholesale spot market pricing—along with a flat monthly membership charge—to both power imports and exports. The new offering also departs from typical Australian retail offerings that combine time-of-use consumption brackets with static feed-in tariffs.
To qualify for sign-up via the mobile app, households must possess an approved grid export connection verified against the local distributed network service provider. Australian program documentation does not explicitly mandate local battery or vehicle ownership, unlike the retailer's deregulated Texas energy program, which restricts enrollment exclusively to Tesla hardware owners.
The previous joint offer with Energy Locals covered South Australia, Victoria, New South Wales, the ACT, and south-east Queensland's Energex territory, offering virtual power plant bill credits up to $220 annually alongside extended Powerwall warranties. When that scheme ended on Sept. 30, 2025, unaligned households defaulted to Energy Locals' standard offer while alternative plans were constructed.
Regulatory filings indicate Tesla Energy Ventures Australia requested authorization from the Australian Energy Regulator in November 2023 to sell power across five states and territories, and secured a retail licence from Victoria's Essential Services Commission on April 17, 2024. Detailed contractual terms, exit fees, and specific regional rollout schedules have not yet been released publicly.
Originally reported by zecar on Sep 14, 2026.
