Tesla coils that'll do nicely (6)

I believe the answer is:

thanks

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'that'll do nicely' is the definition.
The definition suggests a singular noun which matches the answer.

'tesla coils' is the wordplay.
'tesla' becomes 'T' (scientific unit).
'coils' becomes 'hanks' (hank is a kind of coil).
't'+'hanks'='THANKS'

Can you help me to learn more?

(Other definitions for thanks that I've seen before include "recognition?" , "Word of gratitude" , "Cheers" , "I am grateful" , "Brief expression of appreciation" .)

I've seen this clue in The Independent.

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