HGO hillgrove resources limited

Ann: Quarterly Activity Report and Appendix 5B for 30 September, page-98

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    Hiya Opex

    Curious roughly how often you charge your tesla - if you're like me and don't do many K's (let say 400/wk) it would probably be once per week meaning the 3k cycles which is circa 57 years battery life solely based on cycles (LFP). Another assumption using V2H, let's say you go through one cycle per day (I have no idea how many you might actually do) meaning the battery life based on cycles is 8.2 yrs

    I've heard of Tesla batteries being replaced for roughly $10K, say you replace the battery every 10 years in V2H the annual cost is ~$1220. My annual electricity bill is roughly $2000 with a crappy solar rebate so it still works out cheaper.

    With the above life span/replacement costs, would V2H really be that bad?
 
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