Last week, the genius…

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The billionaire…

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The playboy…

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The philanthropist…

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And the real-life Iron Man himself…

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Elon Musk, the CEO of Tesla Motors, revealed his latest invention: “Powerwall”

Powerwall is a major game-changer, with the potential of revolutionizing the world and saving the planet. By offering independence from the utility grid and security of an emergency backup, the Tesla Battery will reduce energy demand, power outages, and carbon emissions.

“Our goal is to fundamentally change the way the world uses energy,” Musk told reporters.

The residential version of the Tesla Battery is now available online to installers and consumers in 10 kilowatt hours (kWh) for $3,500 or 7kWh for only $3,000. The commercial version is not yet available but is expected to effectively store industrial-sized energy, helping society to manage the electrical grid and helping businesses to cut their costs and increase their savings.

One of the industries that could benefit most from this is the fastest-growing industry in the U.S., the marijuana industry. This is especially true in a very large and drought-stricken state with high demand energy rates and high peak energy costs like California, where medical weed is already legal and where recreational weed is expected to become legalized in 2016.

According to IndefinitelyWild, “A medium-sized commercial weed grow with around 50 lights stands to save about $13,500 in electricity costs a year with the use of two Tesla Batteries. Those will also protect the plants in case of power outages while making the operation less visible to law enforcement. Elon Musk just made growing weed easier.”

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IndefinitelyWild adds:

[su_quote]Our commercial energy consumption management expert sat down and ran the numbers assuming a medium-sized, 50-light commercial operation running its A/C during the day. These numbers are based on commercial electricity rates here in California, where the company is paying a premium during high-demand hours.

With two 10kWh Tesla Batteries giving this commercial grow the ability to shift some of its load to off-peak hours, savings in demand charges alone would total $8,000 a year, while use charges would lower by $5,500, for a total savings of $13,500.

Of course, even just at 50 lights, we’re talking about a multi-million dollar operation, making this sound like relative chump change. Worthwhile — the batteries would be paid for in just over 6 months of savings…[/su_quote]

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