Tesla is know for making electric cars and now the company is getting into the energy business with the launch of Tesla Energy and the Tesla Powerwall Battery.
The Tesla Powerwall is a rechargeable lithium-ion battery that has been designed to store energy for backup power and also for solar power.
The new home battery can be used to save money on your energy bills, the battery can be charged during lower rate times and then deliver the energy to your home at peak times when buying the electricity from your energy supplier is more expensive.
The Tesla Powerwall can also be used in conjunction with solar panels and can store energy that is generated from solar panels, it can also be used as a backup power system to provide continuous power during an outage.
The Powerwall is available in 10kWh, optimized for backup applications or 7kWh optimized for daily use applications. Both can be connected with solar or grid and both can provide backup power. The 10kWh Powerwall is optimized to provide backup when the grid goes down, providing power for your home when you need it most. When paired with solar power, the 7kWh Powerwall can be used in daily cycling to extend the environmental and cost benefits of solar into the night when sunlight is unavailable.
The 10kWh battery will retail for $3,500 and the 7kWh battery will retail for $3,000, there will also be additional costs on top of this which will include an inverter and installation.
The company also announced Tesla Energy for business and also Tesla Energy for Utility, you can find out more details about the company’s new energy business at the link below.