WEBVTT

00:00:00.160 --> 00:00:07.800
batteries we're used to finding them in our flashlights remotes phones cameras

00:00:04.920 --> 00:00:13.799
cars boats and even our adult oriented toys but apparently Elon Musk has gone

00:00:11.040 --> 00:00:19.240
and shaken things up again by suggesting that we all go and put batteries in our

00:00:17.039 --> 00:00:26.599
homes lonus we already keep batteries for all that crap in our

00:00:22.359 --> 00:00:29.279
homes ow so Tesla power wall then the

00:00:26.599 --> 00:00:34.760
premise is fairly simple lower your electricity costs by consuming less

00:00:31.920 --> 00:00:38.960
during peak hours and more during off peak hours when it's cheaper and more

00:00:36.440 --> 00:00:42.640
ecologically friendly to generate it or when paired with solar panels reduce

00:00:40.960 --> 00:00:46.840
your Reliance on your City's power grid or even sell some of the power you

00:00:44.200 --> 00:00:53.079
generate back to the local utility company but let's open up with some

00:00:48.960 --> 00:00:56.199
criticism at $3,000 us for a 7 KW hour

00:00:53.079 --> 00:00:59.680
capacity model or 500 more for a 10 KW

00:00:56.199 --> 00:01:01.320
hour capacity power walls are expensive

00:00:59.680 --> 00:01:05.600
but the the truth of the matter is that thanks to its features the power wall

00:01:03.480 --> 00:01:09.560
simply isn't competing with anything right now so for anyone who would needed

00:01:07.439 --> 00:01:13.759
a backup solution for power outages anyway the benefits of using Tesla's

00:01:12.040 --> 00:01:17.640
batteries for this application conserving Fuel and money during peak

00:01:15.799 --> 00:01:21.560
hours and reduce Reliance on the grid without being detached from it seems to

00:01:19.640 --> 00:01:25.880
outweigh the cost for many including entities like Amazon since the power

00:01:23.680 --> 00:01:30.640
wall and its industrialized cousin the power pack ended up selling out nearly

00:01:28.000 --> 00:01:37.040
as fast as the PlayStation 2 did but what about the performance detractors

00:01:32.920 --> 00:01:40.799
point out at 2 kilow continuous and 3.3

00:01:37.040 --> 00:01:43.079
KW Max you can easily overpower a power

00:01:40.799 --> 00:01:48.159
wall with a handful of microwave ovens and if 7 kilowatt hours or even 10

00:01:45.600 --> 00:01:52.600
kilowatt hours really enough capacity anyway the average North American Home

00:01:50.399 --> 00:01:57.119
uses about 30 kilowatt hours of electricity per day adding a few extra

00:01:55.320 --> 00:02:01.320
kilowatt hours for folks who really love watching the tumble dryer run which

00:01:58.799 --> 00:02:05.079
means that it would take more than one bigger unit for pretty much any

00:02:03.159 --> 00:02:08.319
household to have enough stored energy to get through the evening with all of

00:02:06.640 --> 00:02:13.720
their devices calling for juice at the same time so that's expensive hey the

00:02:11.560 --> 00:02:18.440
batteries themselves plus installation inverters or solar panels depending on

00:02:15.560 --> 00:02:23.440
your setup so why not save some serious scratch and do it yourself well first

00:02:20.959 --> 00:02:29.200
off it turns out that it takes about 10 deep cycle lead-based batteries to equal

00:02:25.920 --> 00:02:32.440
the storage capacity of a single 10 KW

00:02:29.200 --> 00:02:35.200
power wall and at a conservative cost of

00:02:32.440 --> 00:02:39.400
$150 per battery that puts you at about half of the Tesla solution without

00:02:37.200 --> 00:02:42.959
having factored in electrical components connections maintenance costs over time

00:02:41.720 --> 00:02:46.360
and the fact that you'd have to have the world's most understanding wife to let

00:02:44.800 --> 00:02:51.280
you wall mount a tangled mess of car batteries and wires in your garage

00:02:48.959 --> 00:02:57.280
secondly with homemade units owners are usually restricted to on-site power

00:02:53.640 --> 00:03:00.280
generation and it's at least not as easy

00:02:57.280 --> 00:03:02.400
or efficient to switch between grid and

00:03:00.280 --> 00:03:08.959
battery power compared to the power wall but is the concept of this home battery

00:03:06.720 --> 00:03:13.720
system even practical anyway Christopher Helman from Forbes points out that at an

00:03:10.959 --> 00:03:18.040
estimated cost of 30 cents per kilowatt hour within the reasonable lifespan that

00:03:16.239 --> 00:03:23.159
is discharges and charges for your battery pack most North Americans would

00:03:21.080 --> 00:03:28.319
actually end up paying far more for their power overall than if they just

00:03:26.040 --> 00:03:32.200
bought it from their electric company anyway but I guess that how all these

00:03:30.319 --> 00:03:36.439
things start out anyway and while I won't be lining up to buy a power wall

00:03:34.319 --> 00:03:41.920
I'm definitely excited for a future where energy storage is Affordable and

00:03:39.560 --> 00:03:47.200
practical speaking of affordable and practical fresh books it's designed for

00:03:44.439 --> 00:03:52.760
freelance workers or small businesses and it's an online accounting tool that

00:03:49.239 --> 00:03:57.360
makes invoicing tracking hours getting

00:03:52.760 --> 00:03:58.640
paid tracking expenses and getting paid

00:03:57.360 --> 00:04:04.200
that's really important that's why I said it twice actually just screwed up

00:04:00.439 --> 00:04:06.840
my list so getting paid easier all the

00:04:04.200 --> 00:04:11.159
little details like you know history for your invoices and seeing if your client

00:04:09.400 --> 00:04:15.760
has actually looked at the invoice yet and getting them to pay through the

00:04:13.280 --> 00:04:19.919
online service by credit card is all taken care of so if you're Your Own Boss

00:04:18.560 --> 00:04:24.639
you should be using stuff that makes you feel like a boss and fresh books allows

00:04:22.120 --> 00:04:28.479
you to spend your time working instead of spending your time figuring out how

00:04:26.320 --> 00:04:31.759
to get paid for the work you did so head over to freshbooks.com

00:04:29.960 --> 00:04:36.080
Techquickie and don't forget to enter Techquickie in the how did You Hear

00:04:33.720 --> 00:04:38.600
About Us section it doesn't actually go like that it's just how did you hear

00:04:37.080 --> 00:04:42.080
about us it's just text it's very straightforward but don't worry about

00:04:40.280 --> 00:04:44.639
that so I think that's pretty much it guys like this video if you liked it

00:04:43.360 --> 00:04:49.280
dislike it if you thought it sucked leave a comment with a video suggestion

00:04:47.400 --> 00:04:52.680
if you have well things you want to see us cover and as always don't forget to

00:04:51.360 --> 00:04:58.520
subscribe and follow also if you're looking for something else to watch right now check out this video where

00:04:56.400 --> 00:05:02.000
Luke and I on our Channel Super Fun Channel can't understand each other

00:05:00.680 --> 00:05:07.639
because we're wearing headphones hilarity ensues really it's funnier than

00:05:04.479 --> 00:05:07.639
it sounds