And usually the efficiency is much worse than 98%.
Oh, and also batteries such as the tesla power wall can only be charged and discharged about 1000 times before they have lost a lot of capacity. So generating when you use also makes your batteries last much longer. You could think of this as a cost of battery depreciation per kWh stored.
Also, there's a lot of factors that go into play. For example, this assumes the batteries are fully charged and discharged. If you do something smarter like going down to 40% and up to 80% then they end up being able to do a lot more cycles. In fact, battery age starts mattering more than the cycles.
But besides that, LFP batteries are currently being used in home battery storage (including powerwalls) because it's cheaper and it has 5000->10,000 cycles before dropping to 70% capacity.
Generally, though, I'd agree that having more generation throughout the day is better than having perfectly optimized generation.
Here it is more than 3x, so if I can charge a battery and run off of that for those 3 hours, I am saving money.
And it's not that I can lose money, a charge in the battery doesn't become stale.
Except in my case it is! I wanna do most of my charge at noon when I'll have far more than I can export. Export first, then charge!
Powerwall's cycle life is much better than 1000. The Powerwall warranty guarantees 70% capacity after 10 years of daily cycles (i.e. 3650 cycles). This means they expect the capacity to be substantially above 70%.
We posted an analysis of Powerwall capacity retention: https://www.netzero.energy/content/2025-02/powerwall-analysi...
... to have pulled some corporate restructure which leaves a bankrupt legal entity responsible for the warranty claims before they start costing any real money.
I think it depends on how you've configured it. My never charges the battery up from solar. I think it estimates how much power you'll need based on the configuration and charges accordingly. I've noticed on hot summer days mine will charge a bit in the morning then stop, then in the afternoon when the AC kicks on and off it will charge between AC cycles.
Trouble is you don't really know how much excess power you've got until you crank up battery charge current.