Tesla Announces Home Battery Packs

Tesla has announced home battery packs. They can be used for shifting home PV electric power usage from day to night and also to lessen the impacts of grid outages. If your utility is willing to sell you electric power at discount at night and for a higher price in the day then home batteries might pay themselves back in electric power costs reduced. One version of the Tesla home battery will cost $3500 for 10 kwh plus installation costs. Lets put that in perspective. 10 kwh is about a third of an average US home's daily electric power usage. In 2013, the average annual electricity consumption for a U.S. residential utility customer was 10,908 kilowatthours (kWh), an average of...

Source: FuturePundit - April 30, 2015 Category: Research Authors: Randall Parker Source Type: blogs