What’s Included in the Price of Your Home Battery System?

By Jeff St. John, Greentech Media

When it comes to opening the market for battery-backed solar homes, hitting the right price point will be critical. But getting the right combination of services will be equally important.

Tesla set the bar for low-price home energy storage in May, when it announced a $3,500 wholesale price for its 10-kilowatt Powerwall home battery system, with key partner SolarCity offering the unit as part of new solar installations. There’s been some confusion about final pricing, but Tesla CEO Elon Musk said in June that it’s targeting a purchase and installation price of about $4,000.

That’s a lot lower than the prices coming from competitors in the home solar-battery space. Take Sonnenbatterie, the startup that’s sold thousands of batteries for solar homes in Germany, and has launched a U.S. partnership with solar company Sungevity. The company is pricing its 4-kilowatt battery system for $10,000.

Read full article from Greentech Media

Comments are closed.

Post Navigation