Tesla Reveals Battery to Power Homes

Elon Musk has just announced the new Tesla Energy division, which aims to move the energy grid away from dependency on fossil fuels and toward renewables.

The new line features a suite of rechargeable lithium-ion batteries—similar to the batteries used in the Tesla vehicles—for homes, businesses, and utilities. The company states that the battery can store renewable energy at a residential level for load shifting, backup power, and self-consumption of solar power generation.

During his announcement, Musk stated that this move could help change the “entire energy infrastructure of the world.”

The batteries have the ability to charge during non-peak energy usage hours and provide the home with energy during peak usage hours. The batteries are available at 10kWh or 7kWh, with a selling price of $3,500 and $3,000 respectively.

To put this into perspective, an energy comparison firm estimates that 1kWh can produce enough power for a full washing machine cycle.

Tesla hopes that this new line of batteries gets us closer to zero emission power generation and fosters a clean energy ecosystem.

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