Tesla's home battery won't be bought, only rented, claims new report
Tesla is widely expected to introduce a pair of new battery technologies later this week: a battery for the home and a “very large scale utility battery.” A new report from The Guardian suggests that the home battery will be leased to customers on similar terms to an existing, experimental scheme from solar panel provider SolarCity — a company with extremely close ties to Tesla.
Tesla’s batteries can power a house during an outage
Customers pay SolarCity an initial fee of $1,500 for a Tesla battery, followed by monthly payments of $15 for the next 10 years. This makes for a cost of $3,300 to the customers — which compares favorably to the battery’s $13,000 price reported by The Guardian. Tesla monitors data from the systems with the…
Source:: The Verge
