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Tesla Soon To Unveil Tesla Home Battery

Originally published on Solar Love.

We’re gonna unveil the Tesla home battery, or consumer battery, that will be for use in people’s houses or businesses, fairly soon. We have the design done, and it should start going into production probably in about six months or so.

We’re trying to figure out a date to have the product unveiling — it’s probably in the next month or two. It’s really great. I’m really excited about it.

tesla-storage-unitThat was Elon’s statement regarding the next step of electricity storage for Tesla Motors. Of course, this product is sure to be available with SolarCity solar panels, as well as separately.

So, without more details until the unveiling, we can’t provide much more info. However, a bit of context could be helpful.

Within the electric vehicle market, Tesla is expected to be using the lowest-cost batteries. The battery cells come from Panasonic, while Tesla turns them into battery packs. There’s a lot of competition in the electricity storage market, but there’s a good possibility that Tesla could offer some of the most competitive consumer batteries on the market.

As of right now, it makes little financial sense for the large majority of people who go solar to also get a battery storage system and go off the grid. However, it is widely expected that, with solar panel costs continuously coming down and battery costs doing the same, that day could come about for millions, tens of millions, or hundreds of millions of people before too long.

For now, it would be assumed that these Tesla batteries would be targeted at homeowners interested in backup storage in the case of an electricity outage, or for people who are way off the grid and would have to pay hundreds of thousands of dollars to have the grid extended to them. But, who knows, perhaps the cost of Tesla’s batteries is even better than most of us think….

 
Written By

is the director of CleanTechnica, the most popular cleantech-focused website in the world, and Planetsave, a world-leading green and science news site. He has been covering green news of various sorts since 2008, and he has been especially focused on solar energy, electric vehicles, and wind energy since 2009. Aside from his work on CleanTechnica and Planetsave, he's the founder and director of Solar Love, EV Obsession, and Bikocity. Zach has long-term investments in TSLA, SCTY, FSLR, SPWR, SEDG, & ABB. After years of covering solar and EVs, he simply had a lot of faith in these companies and felt like they were good companies to invest in as a portion of his retirement strategy. To connect with Zach on some of your favorite social networks, go to ZacharyShahan.com and click on the relevant buttons.

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