New: the federal battery rebate pays the full rate on the first 14 kWh, the exact size of the ElektroBank 14, and steps down over time.
Complete system: ElektroBank 14 + EmpowerIQ. EmpowerIQ-only pricing for an existing battery is coming soo.
| Per year | Best ToU | Best Wholesale |
|---|---|---|
| Annual savings vs flat | $2,000 | $2,740 |
| Payback | 6.5 yrs | 4.7 yrs |
| Net monthly, financed | +$20/mo | +$82/mo |
| Standard installed cost | $16,500 | |
| Less federal rebate (first 14 kWh) | −$3,500 | |
| Your cost after rebate | $13,000 |
Standard install assumed: an ElektroBank 14 with backup ($10,500 system + $4,500 install + GST ≈ $16,500). Financing: 20% deposit, balance over 5 years. "Net monthly" is your savings minus the repayment, so a plus is money in your pocket. Indicative only; confirmed by an Empower quote.
You’ve seen your estimate and the standard installed cost. Share a few details and we’ll confirm your savings against your actual usage and plan, and give you a firm, fixed-price quote, with and without financing, via a free, no-obligation consultation.
Your calculator inputs will be attached to your enquiry, so your follow-up is tailored to your situation.