Energy Arbitrage Potential of a 7 kWh Battery for an average German Household
Due to the release of a certain battery by Tesla, there has been a lot of discussions about the potential for profit using the battery. Since German electricity prices are extremely high, many think that Germans would be a perfect target market. This is largely true, but unfortunately Germans are pretty frugal with electricity. Average energy consumption is around 3000-4000 kWh / householdĀ / year, which works out to 8-11 kWh/day.