Published on November 3rd, 2014 | by Zachary Shahan
November 3rd, 2014 by Zachary ShahanÂ
Weâve written about SolarCityâs residential and commercial storage systems a couple of times before. But I donât think Iâve ever seen a price tag on these. If you go to SolarCityâs home energy storage page, you can see that it asks you to âGet a free quote.â Not having a home in the US (and my legal home base in Florida not being in SolarCity territory), I couldnât really do so even if I had thought to, but one of our readers (Kyle Field) actually went and got a quote.
The first thing Kyle found out is that SolarCity is only offering the residential storage solution to SolarCity customers at this moment (âdue to limited supply of batteriesâ).
Even so, he did get some figures that would apply to his case if he was an existing SolarCity customer (he has solar but got it elsewhere, btw). He could (hypothetically) get a 10-kWh Tesla battery (to power the refrigerator, lights, etc. in a power outage) under a 10-year lease for a $1500 upfront cost + $15/month. That amounts to $3300 over 10 years. Not super cheap, but is actually less than I would have guessed off the top of my head. Iâm curious to see how much the price for this comes down by the time the Tesla & Panasonic Gigafactory is pumping out batteries. I imagine it will come down a lot, as SolarCity has said that it plans to sell battery storage with every solar system within 5-10 years.
Image Credit: SolarCity
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