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Tesla To Announce Battery-Based Energy Storage For Homes

Posted by timothy on from the but-in-the-meantime-here's-this-preemptive-announcement dept.

Okian Warrior writes: Billionaire Elon Musk will announce next week that Tesla will begin offering battery-based energy storage for residential and commercial customers. The batteries power up overnight when energy companies typically charge less for electricity, then are used during the day to power a home. In a pilot project, Tesla has already begun offering home batteries to SolarCity (SCTY) customers, a solar power company for which Musk serves as chairman. Currently 330 U.S. households are running on Tesla's batteries in California. The batteries start at about $13,000, though California's Pacific Gas and Electric Co. (PCG) offers customers a 50% rebate. The batteries are three-feet high by 2.5-feet wide, and need to be installed at least a foot and a half off the ground. They can be controlled with a Web app and a smartphone app.

2 of 299 comments (clear)

  1. and... by Ol+Olsoc · · Score: 2, Funny

    Cue Slashdotters claiming it is either impossible or a really bad thing in 3..2..1..

    --
    The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
  2. 130 years too late by Deep+Esophagus · · Score: 4, Funny

    So Edison finally won the War of Currents and got Tesla to start using DC.