The price of a Tesla Powerwall battery system encompasses extra than simply the value of the unit itself. Components influencing the entire funding embody set up charges, supporting {hardware} necessities, and potential allow prices. For instance, vital electrical work and allowing can range considerably relying on the house’s present electrical infrastructure and native rules.
Understanding the total worth of a residential battery system is crucial for owners contemplating power independence and backup energy options. Investing in such a system can present safety towards energy outages, allow owners to retailer photo voltaic power for later use, and probably cut back reliance on the grid. The rising prevalence of utmost climate occasions and rising power prices makes this info more and more related.
This text will discover the varied elements contributing to the entire value of a Tesla Powerwall system, study potential value financial savings and financing choices, and provide steerage for potential consumers. It is going to additionally delve into the long-term worth proposition, together with potential return on funding and the environmental advantages of adopting battery storage expertise.
1. Base Value
The bottom worth of a Tesla Powerwall represents the start line for figuring out the entire value of set up. This worth covers the core Powerwall unit itself however excludes important elements and companies required for a functioning system. Understanding this distinction is essential for correct budgeting and avoids potential monetary surprises.
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Powerwall Unit Price
This displays the producer’s advised retail worth for the Powerwall battery. It represents a good portion of the general funding however doesn’t embody the whole venture scope. Pricing can fluctuate because of market situations and regional variations.
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Exclusions from Base Value
Crucially, the bottom worth doesn’t embody set up labor, supporting {hardware} (wiring, conduit, breakers), allowing charges, or any extra companies like web site assessments or consultations. These excluded prices contribute considerably to the ultimate venture whole.
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Significance of Correct Quotations
Relying solely on the bottom worth can result in vital underestimation. Acquiring complete quotes from licensed installers is crucial for figuring out a practical finances. These quotes ought to itemize all prices, together with these not lined by the bottom worth, offering transparency and readability.
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Evaluating Base Costs Throughout Fashions
Whereas evaluating base costs between totally different Powerwall generations or competing battery techniques may be informative, it is important to keep in mind that this is just one piece of the puzzle. A complete value comparability ought to think about all related bills for a real apples-to-apples evaluation.
Correct budgeting for a Powerwall system requires a holistic method that goes past the bottom worth. Contemplating all contributing elements, together with set up, {hardware}, and allowing, gives a extra lifelike estimate of the entire funding and facilitates knowledgeable decision-making.
2. Set up Prices
Set up prices symbolize a good portion of the entire Powerwall system expense. These prices embody a number of key parts, immediately impacting the general venture finances. Understanding these elements is essential for correct value projections and knowledgeable decision-making. Components influencing set up prices embody labor, web site preparation, and the complexity of integrating the system with present infrastructure. For instance, houses with older electrical panels would possibly require upgrades to accommodate the Powerwall, including to the general expense. Equally, advanced roof penetrations for photo voltaic panel integration can improve set up complexity and related prices.
A number of variables can affect the ultimate set up worth. The space between the primary electrical panel and the Powerwall’s supposed location impacts wiring necessities and labor. The necessity for trenching or conduit set up for cable runs provides additional expense. The installer’s hourly price and regional labor market situations additionally contribute to cost variations. A house requiring vital electrical upgrades to help the Powerwall will expertise larger set up prices in comparison with a house with a more recent, suitable electrical system. Selecting a wall-mounted set up versus a ground-mounted one may also introduce value variations because of various labor and materials necessities. Contemplating these variables through the planning section ensures lifelike finances expectations.
Precisely estimating set up prices requires skilled evaluation. Acquiring a number of quotes from licensed installers permits for value comparisons and ensures transparency. Detailed quotes ought to itemize all labor and materials elements, permitting for a complete understanding of the venture scope. This method mitigates potential finances overruns and facilitates knowledgeable choices concerning system sizing and set up choices. In the end, understanding set up prices as a essential a part of the entire Powerwall system funding permits for efficient planning and lifelike finances administration.
3. Supporting {Hardware}
Supporting {hardware} represents a vital, usually neglected, part of a Tesla Powerwall system’s whole value. This {hardware} encompasses the important elements required for seamless integration and optimum efficiency. Understanding the mandatory supporting {hardware} and its related prices is essential for correct budgeting and profitable system implementation. The connection between supporting {hardware} and total system value is direct; larger {hardware} necessities translate to a costlier closing worth. As an illustration, longer wiring runs between the Powerwall and the primary electrical panel necessitate extra conduit and cabling, rising materials prices.
A number of key examples illustrate the sensible significance of supporting {hardware}. A essential part is the gateway, facilitating communication between the Powerwall, the house’s electrical system, and the Tesla app. This gateway is crucial for system monitoring and management however represents a further {hardware} expense. Equally, wiring, conduit, and breakers rated for the Powerwall’s output capability are non-negotiable elements, every contributing to the general {hardware} value. Moreover, relying on the set up situation, extra {hardware} like mounting brackets and grounding gear could also be vital, including to the ultimate tally. Ignoring these important elements through the budgeting section can result in vital value discrepancies and venture delays.
Cautious consideration of supporting {hardware} necessities is crucial for correct value estimation and venture success. Consulting with licensed installers through the planning section ensures applicable {hardware} choice and mitigates potential compatibility points. An in depth evaluation of the prevailing electrical infrastructure informs {hardware} selections and minimizes unexpected bills. This proactive method avoids finances overruns and contributes to a extra environment friendly, dependable, and cost-effective Powerwall set up. In the end, recognizing supporting {hardware} as a essential a part of the entire system value results in higher planning and a extra profitable Powerwall integration.
4. Allowing Charges
Allowing charges symbolize a vital expense throughout the total value of a Tesla Powerwall 3 set up. These charges, mandated by native jurisdictions, cowl the executive prices related to reviewing and approving the set up plans. Overlooking or underestimating these charges can result in venture delays and surprising finances overruns. Their inclusion within the whole value calculation is crucial for correct monetary planning.
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Variability of Allowing Prices
Allowing prices fluctuate considerably based mostly on geographic location and the precise rules of the governing authority. Components influencing these variations embody native labor charges for inspections, the complexity of the allowing course of itself, and any particular necessities imposed by the jurisdiction. Researching native allow prices beforehand is essential for knowledgeable budgeting.
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Elements Lined by Permits
Permits usually cowl electrical work, structural modifications (if vital), and typically even battery system installations. The scope of the allow displays the extent of the work being undertaken and ensures compliance with native constructing and electrical codes. Understanding what is roofed by the allow gives readability on the related prices.
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Acquiring Vital Permits
The method of acquiring permits normally includes submitting detailed plans and specs to the related authority. This documentation wants to stipulate the scope of the work, the gear getting used (together with the Powerwall 3 specs), and the {qualifications} of the installers. Participating an authorized installer acquainted with native allowing necessities can streamline this course of.
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Influence on Undertaking Timeline
Allowing timelines range considerably relying on native authorities. Delays in allow approval can immediately affect the venture schedule and probably incur extra prices. Factoring in potential allowing delays through the venture planning section is crucial for lifelike timelines and finances administration.
Integrating allowing charges into the general value evaluation of a Powerwall 3 set up gives a extra correct and complete finances. Understanding the variability, scope, and potential timeline implications of allowing ensures lifelike monetary planning and contributes to a smoother, extra predictable set up course of. Proactive engagement with native authorities and skilled installers simplifies the allowing course of and minimizes potential delays.
5. Gateway Prices (if wanted)
The Tesla Powerwall requires a communication interface to work together with the house’s electrical system, the web, and the Tesla app. This connection allows monitoring, management, and firmware updates. In most installations, this communication is facilitated by a Tesla Gateway. The price of this Gateway, whereas usually bundled with the Powerwall, represents a definite expense that may affect the entire system worth. Understanding the operate and related value of the Gateway is essential for correct budgeting. As an illustration, older Powerwall techniques would possibly require a separate Gateway buy, including to the general expenditure, whereas newer generations could have built-in Gateways. This distinction highlights the significance of confirming Gateway inclusion or its separate value throughout system pricing.
A number of situations illustrate the sensible implications of Gateway prices. If a house already has a suitable Tesla Gateway put in (maybe from a previous photo voltaic set up), a brand new Gateway won’t be required, probably decreasing the general value. Conversely, if a brand new Gateway is critical, its worth ought to be explicitly included within the whole system quote. Moreover, the Gateway’s performance extends past fundamental communication; it performs a essential function in enabling options similar to backup energy throughout grid outages and time-based management for optimized power utilization. Recognizing the worth proposition alongside its value gives a balanced perspective on the Gateway’s significance. Present Tesla photo voltaic prospects contemplating including a Powerwall ought to inquire about potential Gateway compatibility to keep away from pointless bills.
Precisely accounting for Gateway prices, whether or not included or separate, ensures complete finances planning for a Powerwall system. Ignoring this part can result in surprising bills and probably hinder the system’s full performance. A transparent understanding of Gateway necessities and related prices, obtained by way of session with licensed installers and cautious evaluate of offered quotes, empowers knowledgeable decision-making and contributes to a extra profitable Powerwall integration. This consciousness in the end aligns budgetary expectations with the general venture scope and ensures optimum system efficiency.
6. Backup Load Evaluation
A backup load evaluation performs a vital function in figuring out the suitable measurement and configuration of a Tesla Powerwall system, immediately impacting the general value. This evaluation identifies the important electrical hundreds a home-owner desires powered throughout a grid outage, informing the mandatory battery capability and probably influencing the variety of Powerwall items required. Understanding the house’s power consumption wants throughout an outage is crucial for optimizing system design and cost-effectiveness. An inaccurate evaluation can result in both an undersized system, failing to satisfy backup energy wants, or an outsized, unnecessarily costly system.
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Important vs. Non-Important Masses
A backup load evaluation distinguishes between important and non-essential electrical circuits. Important circuits usually energy essential home equipment like fridges, lighting, and medical gear, whereas non-essential circuits would possibly embody air-con, ovens, or sizzling tubs. Prioritizing important hundreds throughout an outage ensures environment friendly power utilization and maximizes the Powerwall’s backup length. This prioritization immediately influences the required battery capability and due to this fact the entire system value.
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Calculating Energy Consumption
Precisely calculating the ability consumption of prioritized home equipment is essential for figuring out the mandatory Powerwall capability. This calculation includes understanding the wattage of every equipment and its anticipated runtime throughout an outage. For instance, a fridge would possibly eat 150 watts and function intermittently, whereas a sump pump would possibly require 1000 watts for brief durations. These particular person load calculations contribute to the general backup energy requirement, immediately impacting system sizing and price.
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Length of Backup Energy
The specified length of backup energy considerably influences the required battery capability and system value. A house owner needing backup energy for twenty-four hours throughout an outage would require a bigger battery capability (and probably a number of Powerwalls) in comparison with somebody needing solely 12 hours of backup. This length immediately correlates with the mandatory battery capability and, consequently, the general system value.
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Influence on System Design and Price
The outcomes of the backup load evaluation immediately inform Powerwall system design and total value. The next backup load necessitates a bigger system capability, probably involving a number of Powerwall items and elevated supporting {hardware}, driving up the entire value. Conversely, a smaller backup load permits for a smaller, less expensive system. This direct relationship underscores the significance of a radical and correct evaluation for optimized system sizing and cost-effectiveness.
A complete backup load evaluation is integral to figuring out the suitable measurement and price of a Tesla Powerwall 3 system. Precisely evaluating important hundreds, calculating energy consumption, and figuring out the specified backup length allows knowledgeable choices concerning system design and optimizes cost-effectiveness. This evaluation ensures that the Powerwall system meets the home-owner’s particular backup energy wants with out pointless oversizing or undersizing, aligning system capabilities with budgetary concerns.
7. Ongoing Upkeep
Ongoing upkeep constitutes a vital facet of Tesla Powerwall 3 possession, immediately impacting the long-term value of the system. Whereas usually neglected throughout preliminary buy concerns, understanding potential upkeep necessities and related bills is crucial for correct value projections and knowledgeable decision-making. Common upkeep ensures optimum system efficiency, longevity, and sustained return on funding. Neglecting these necessities can result in untimely part failure, pricey repairs, and diminished system effectivity, impacting the general worth proposition of the Powerwall.
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Software program Updates
Tesla periodically releases software program updates for the Powerwall 3, enhancing performance, bettering efficiency, and addressing potential safety vulnerabilities. These updates are usually delivered remotely and require minimal person intervention. Whereas usually free, sustaining a secure web connection is crucial for seamless replace supply. Failing to use updates may compromise system efficiency and probably void guarantee protection. This highlights the oblique value related to making certain constant web entry for optimum Powerwall performance.
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Inspections and Efficiency Monitoring
Common system inspections, both by the home-owner by way of the Tesla app or by licensed technicians, are important for figuring out potential points early. The Tesla app gives real-time efficiency knowledge, permitting customers to watch power utilization, battery well being, and system standing. Whereas routine self-monitoring is usually ample, periodic skilled inspections is likely to be vital for in-depth evaluation and preventative upkeep. These skilled inspections symbolize a possible recurring value that contributes to the general long-term expense of Powerwall possession. Early problem detection by way of common monitoring minimizes the danger of pricey repairs and system downtime.
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Guarantee Protection and Prolonged Service Agreements
The Tesla Powerwall 3 comes with a complete guarantee, masking particular elements and efficiency metrics for an outlined interval. Understanding the guarantee phrases and situations is essential for managing potential restore or alternative prices. Whereas the guarantee gives protection towards manufacturing defects and sure efficiency points, it won’t cowl all potential failure situations. Non-obligatory prolonged service agreements can present extra protection past the usual guarantee interval, providing peace of thoughts however including to the general value of possession. Evaluating the worth proposition of prolonged service agreements towards potential restore prices requires cautious consideration of particular person circumstances and threat tolerance.
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Battery Degradation and Substitute
Lithium-ion batteries, like these used within the Powerwall 3, expertise gradual capability degradation over time. This degradation, whereas regular, impacts the battery’s means to retailer and ship power. Whereas the Powerwall is designed for long-term efficiency, eventual battery alternative is likely to be vital after an prolonged interval. Battery alternative represents a big expense that ought to be factored into the long-term value projections of Powerwall possession. Understanding the anticipated lifespan and alternative value of the battery permits for lifelike monetary planning and knowledgeable decision-making concerning future system upgrades or replacements.
Contemplating ongoing upkeep necessities and related prices gives a extra full image of the entire value of Powerwall 3 possession. Whereas the preliminary buy worth represents a big funding, factoring in potential upkeep bills, together with software program updates, inspections, guarantee concerns, and eventual battery alternative, permits for correct long-term value projections. This holistic method to value evaluation ensures that the monetary implications of Powerwall possession are absolutely understood, facilitating knowledgeable choices and maximizing the system’s worth proposition over its operational lifespan.
8. Potential Incentives/Rebates
Potential incentives and rebates play a big function in figuring out the ultimate value of a Tesla Powerwall 3 system. These applications, supplied by numerous authorities businesses and utility firms, intention to encourage the adoption of renewable power applied sciences and power storage options. Understanding the supply and applicability of those incentives is essential for maximizing value financial savings and precisely assessing the general funding. The affect of those applications can considerably cut back the upfront value of the Powerwall, making it a extra financially engaging possibility for owners.
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Federal Tax Credit
The Funding Tax Credit score (ITC) is a federal tax credit score accessible to owners who set up residential power storage techniques, together with the Tesla Powerwall. This credit score can considerably offset the price of the system, usually masking a proportion of the entire set up value. For instance, a home-owner putting in a Powerwall as a part of a photo voltaic power system is likely to be eligible for a considerable tax credit score, decreasing the general monetary burden. Nevertheless, particular eligibility necessities and credit score quantities are topic to alter based mostly on present tax legal guidelines, necessitating cautious evaluate of present rules.
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State and Native Rebates
Many states and native jurisdictions provide rebates for power storage installations, offering additional value reductions past federal incentives. These rebates range broadly in quantity and eligibility standards, typically concentrating on particular revenue ranges or system configurations. As an illustration, some states would possibly provide larger rebates for Powerwall installations paired with photo voltaic panels, whereas others would possibly prioritize low-income households. Researching accessible state and native rebate applications is essential for maximizing potential value financial savings and precisely assessing the entire funding.
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Utility Firm Incentives
Some utility firms provide their very own incentive applications for putting in power storage techniques just like the Powerwall. These applications usually take the type of upfront reductions, performance-based incentives, or participation in demand response applications. For instance, a utility firm would possibly provide a rebate for every kilowatt-hour of storage capability put in, or present compensation for permitting the utility to attract energy from the Powerwall throughout peak demand durations. Understanding utility-specific incentives is crucial for maximizing potential value financial savings and evaluating the general worth proposition of a Powerwall set up.
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Self-Consumption and Time-of-Use Financial savings
Whereas not strictly incentives or rebates, the potential for self-consumption of photo voltaic power and time-of-use (TOU) price optimization can considerably cut back electrical energy payments over time. The Powerwall permits owners to retailer extra photo voltaic power generated through the day and use it throughout peak demand durations when electrical energy charges are larger. This self-consumption reduces reliance on grid electrical energy and minimizes publicity to fluctuating power costs. Whereas the monetary advantages of self-consumption and TOU optimization should not realized as upfront value reductions, they contribute to the general long-term worth proposition of a Powerwall system and improve its return on funding.
Rigorously contemplating all potential incentives and rebates accessible for a Tesla Powerwall 3 set up considerably impacts the ultimate value and total worth proposition. Understanding federal tax credit, state and native rebates, utility firm incentives, and the potential for long-term financial savings by way of self-consumption and TOU optimization permits for correct value projections and knowledgeable decision-making. By leveraging these accessible applications, owners can maximize their return on funding and make the transition to a extra sustainable and resilient power future extra financially accessible.
Ceaselessly Requested Questions
This part addresses frequent inquiries concerning Tesla Powerwall 3 system prices, aiming to supply readability and facilitate knowledgeable decision-making. Understanding the varied value elements and potential financial savings alternatives is essential for correct budgeting and maximizing the system’s worth proposition.
Query 1: Does the Powerwall 3 worth embody set up?
No, the bottom worth of a Powerwall 3 covers solely the unit itself. Set up prices, which might range considerably, are separate and ought to be obtained from licensed installers.
Query 2: What extra prices ought to be thought-about past the Powerwall 3 and set up?
Further prices could embody supporting {hardware} (wiring, conduit, breakers), allowing charges, a Tesla Gateway (if wanted), and probably upgrades to the prevailing electrical system. A complete quote from an authorized installer will element these bills.
Query 3: Are there any incentives or rebates accessible to scale back the price of a Powerwall 3?
Potential value reductions exist by way of federal tax credit, state and native rebates, and utility firm incentives. Eligibility necessities range, so thorough analysis is advisable.
Query 4: How does the required backup energy length have an effect on the entire system value?
Longer desired backup durations usually necessitate bigger system capacities (probably a number of Powerwall items), rising the general value. An intensive backup load evaluation helps decide the suitable system measurement and related value.
Query 5: What are the everyday ongoing upkeep prices related to a Powerwall 3?
Ongoing upkeep prices could embody periodic skilled inspections, potential battery alternative after an prolonged interval, and making certain constant web entry for software program updates. Whereas software program updates are usually free, different upkeep elements contribute to the entire value of possession.
Query 6: How can one receive correct value estimates for a whole Powerwall 3 set up?
Acquiring detailed quotes from a number of licensed Tesla Powerwall installers is essential for correct value estimations. These quotes ought to itemize all bills, together with gear, set up, supporting {hardware}, and allowing charges.
Understanding these value elements empowers knowledgeable choices and ensures lifelike finances expectations for a Tesla Powerwall 3 set up. Thorough analysis and session with certified professionals are important for maximizing value financial savings and optimizing system design.
The next sections of this text will delve deeper into particular elements of Powerwall 3 system design, set up concerns, and long-term worth propositions.
Suggestions for Evaluating Tesla Powerwall 3 Prices
Cautious consideration of varied elements ensures knowledgeable choices and correct budgeting for a Tesla Powerwall 3 system. The next ideas present steerage for navigating the price analysis course of.
Tip 1: Get hold of A number of Quotes from Licensed Installers
Evaluating quotes from totally different licensed installers gives a complete overview of pricing variations and ensures transparency. This method permits for knowledgeable comparisons of set up prices, supporting {hardware} pricing, and total venture scope.
Tip 2: Conduct a Thorough Backup Load Evaluation
Precisely assessing backup energy wants is essential for optimizing system measurement and price. Evaluating important hundreds and desired backup length prevents oversizing or undersizing the system, resulting in cost-effective options.
Tip 3: Discover Obtainable Incentives and Rebates
Totally researching and leveraging accessible federal, state, native, and utility-specific incentives can considerably cut back the general value. Understanding eligibility necessities and software processes maximizes potential value financial savings.
Tip 4: Think about Lengthy-Time period Upkeep Prices
Contemplating potential long-term bills, similar to periodic inspections and eventual battery alternative, gives a extra lifelike value projection. This consciousness permits for complete monetary planning and knowledgeable choices concerning long-term system upkeep.
Tip 5: Consider Present Electrical Infrastructure
Assessing the prevailing electrical panel and wiring can determine potential improve wants. Addressing these wants upfront mitigates potential issues and price overruns throughout set up.
Tip 6: Perceive Gateway Necessities and Prices
Clarifying whether or not a separate Tesla Gateway is required and understanding its related value ensures correct budgeting. This avoids surprising bills and ensures correct system performance.
Tip 7: Contemplate Website-Particular Components Affecting Set up
Evaluating site-specific elements similar to the gap between the primary electrical panel and the Powerwall location, in addition to potential allowing complexities, helps anticipate potential value variations. Open communication with installers about these elements promotes correct value estimations.
Tip 8: Examine Complete System Prices, Not Simply Base Value
Specializing in the whole system value, together with all {hardware}, set up, allowing, and upkeep bills, gives a extra correct foundation for comparability than solely contemplating the Powerwall unit’s base worth. This holistic method facilitates knowledgeable decision-making.
By implementing the following tips, potential Powerwall 3 house owners could make well-informed choices, optimize system design, and maximize cost-effectiveness all through the system’s lifespan.
The next conclusion summarizes the important thing takeaways concerning Powerwall 3 value concerns and emphasizes the significance of knowledgeable decision-making for profitable system integration.
Conclusion
Figuring out the true value of a Tesla Powerwall 3 system requires a complete method that extends past the bottom worth of the unit itself. Components similar to set up complexity, supporting {hardware} necessities, allowing charges, and potential ongoing upkeep bills contribute considerably to the entire funding. An intensive backup load evaluation is essential for optimizing system measurement and avoiding pointless bills, whereas exploring accessible incentives and rebates can considerably offset upfront prices. Acquiring a number of quotes from licensed installers, coupled with a transparent understanding of guarantee protection and long-term value concerns, empowers knowledgeable decision-making and ensures lifelike finances expectations.
Investing in a Tesla Powerwall 3 represents a big monetary dedication. Nevertheless, by fastidiously evaluating all related prices and advantages, potential consumers could make knowledgeable choices aligned with particular person power wants and monetary targets. An intensive understanding of the entire value of possession allows efficient planning and contributes to a extra profitable and sustainable power future.