It’s finally official, almost. Two months ago Tesla told the world they had developed a battery to could power your entire house, and just a couple of weeks ago Elon Musk teased that the company would unveil a new non-automotive product at their April 30 event. Now, in an email to investors, Tesla has confirmed that they will unveil not only the game-changing battery for one’s home, but also a utility-scale battery at the end of this month.
According to Bloomberg, Jeffrey Evanson, Tesla’s head of investor relations, said in an email to investors that the company “will explain the advantages of our solutions and why past battery options were not compelling,” at the April 30 event. Such a battery would be a huge boon for energy, as it’s designed to charge at night, when utility companies charge less for energy. This arrangement could help homeowners save thousands by taking advantage of lower nighttime energy rates to collect power for use during the daytime hours.
Related: New Tesla battery will power your home for less
No word on how much the battery will cost, or how it will look—other than “attractive”—those details are being saved for the April 30 reveal. The hope is that Tesla’s house battery will be priced in such a way that, after the initial investment in the battery and its installation, it will pay for itself in a short time due to the energy cost savings. That remains to be seen.
Images via Shutterstock and OnInnovation on Flickr
Granted it will take you "off grid" & save you money on power. But you still have to recharge it. The catch is the battery will only work if the home is running off of solar power which costs about 8 thousand in equipment to fully power an average 3 bedroom house with no issues on power drain, not including the 3 thousand for the battery. So incidentally this is just an expensive submarine battery in an aesthetically pleasing housing. Smart marketing though. If the battery required no solar charging, no external charging, generated power all on its own forever without the usage of nuclear fission, fusion or solar; then I would be impressed.
Combined that with LED Lighting and you’re quid’s in. Regards led.london
Why not charge with solar panels also added?
Elon sold out to the devil. Thats the only way to make it now. Selling your soul.
For home owners that have already installed solar panels, there are ways to convert to off-grid mode using this battery (if it is viable). It may involve adding some more panels to reach the average home load. It will also involve a bi-directional inverter/charger product but that\\\'s the easy part. Then it\\\'s GOODBYE UTILITY.
It will be interesting to see if this will be available and how they will handle supply and demand. Installation and location are also concerns.
And this is the battery that would power my dream house if I could afford to build it. Sounds like the kind of thing that might also go on to provide replaceable re-charged car batteries at computer robotic loading stations, for cassette type loading solutions in vehicle designs of the not too distant future.
Our energy company charges us by kilowatt not by which time of the day used.
@Rickbrooks you sir, are... well..you know...dont you.
Nikola Tesla would have been proud of all your great inventions Eric Foster
Can I connect it to my solar panels?
When you list PAC's and lobbyists who are fighting these ideas, don't forget the blackcaucus and NAACP who have teamed with power company lobbies to fight the "rich advantage" and tax breaks for "rich" people that can afford these items.
If enough people are using these, wouldn't the energy providers raise their evening rates with the increase in demand?
Yeah, but I live in an apartment....damn, I wanna get one!
Battery half flat, Craig? Tho you're probably right about many of them. But why do you include solar & wind energy?
Go Elon, GO!
Sadly, there is a long list of PACS who will stop it- Alternative Energy American Wind Energy Association - Washington, DC Apollo PAC - Washington, DC Caithness Equities PAC - New York, NY Growth Energy PAC - Ethanol - Washington, DC POET Pac - Ethanol - Sioux Falls, SD Solar Energy Industries Association PAC - Washington, DC Coal Arch Coal Political Action Committee (ARCHPAC) - St. Louis, MO. COALPAC, A Political Action Committee of the National Mining Association - Washington, DC Foundation Coal Corporation Political Action Committee - Linthicum Heights, MD Murray Energy PAC - Pepper Pike, OH Peabody Energy Corp. PAC (Peabody PAC) - St. Louis, MO Electric American Committee for Rural Electrification (ACRE) National Rural Electric Cooperative - Arlington, VA The American Electric Power Committee for Responsible Government - Columbus, OH Dominion Resources PAC - Richmond, VA Duke Energy PAC - Richmond, VA Exelon PAC - Chicago, IL Florida Power & Light Employees PAC (FPL PAC) - Juno Beach, FL Oil and gas American Gas Association PAC - Washington, DC Chevron Corporation Employees PAC - San Ramon, CA ConocoPhillips Spirit PAC - Bartlesville, OK ExxonMobil PAC - Indianapolis, IN Independent Petroleum Association of America Wildcatters Fund (IPAA Wildcatters Fund) - Washington, DC KochPAC - Washington, DC Valero Energy PAC - San Antonio, TX The Williams Companies PAC - Washington, DC The American Petroleum coalition PAC - Boynton Beach AND THEY ARE POWERFUL