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Are You Ready For The Tesla Motors Powerwall Battery?

Posted by: on May 6, 2015 | No Comments

Normally when we mention or discuss Tesla Motors we think of the company’s electric automobiles. The CEO of Tesla Motors Elon Musk has something else in mind when you think of Tesla. The company unveiled its first Tesla Energy product called “Powerwall Home Battery.” Powerwall is a home battery that charges using electricity generated from solar panels, or when utility rates are low, and powers your home in the evening. It also fortifies your home against power outages by providing a backup electricity supply. The vision that Elon Musk and Tesla Motors Inc. are trying to offer is a complete independence from utility companies and option for emergency power backup solution. The company designed the Powerwall to be automated, compact and simple to install on any wall in the home. The Powerwall will require installation by a trained electrician. The Powerwall battery is a rechargeable lithium-ion battery and uses Tesla’s existing battery technology.

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Tesla Powerwall Battery. Sorry car not included.

The Tesla Company states, “Power companies often charge a higher price for electricity during peak evening hours than overnight when demand is low. Powerwall can reduce your power bill by storing electricity when rates are low and powering your home when rates are high. Powerwall automatically switches to battery power in the event of an electric company outage, bringing peace of mind to those who live in areas prone to storms or unreliable utility grids”.

 

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The Tesla Powerwall comes in 10 kWh weekly cycle and 7 kWh daily cycle models. Both are guaranteed for ten years and are sufficient to power most homes during peak evening hours. Multiple batteries may be installed together for homes with greater energy need, up to 90 kWh total for the 10 kWh battery and 63 kWh total for the 7 kWh battery. The Tesla Powerwall batteries cost $3,500 for 10kWh and $3,000 for 7kWh. The price is somewhat expensive for most people but as more users adopt the technology the price would absolutely drop to a more affordable margin for the regular Joe. I like what Tesla is doing with their car tech and now with the Powerwall tech, we need new innovation, companies and people that can think outside the box. This isn’t the same America from 50 years ago. Everything from our money system, highways network  to energy grid is in need of a complete reboot and update. I’m curious to see the Tesla battery catch on and possibly help lower energy cost. Powerwall begins shipping this summer and you can reserve at the Tesla website.

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