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Batteries

Published on November 3rd, 2014 | by Zachary Shahan

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What Does A SolarCity/Tesla Storage System Cost?

November 3rd, 2014 by  


tesla-storage-unitWe’ve written about SolarCity’s residential and commercial storage systems a couple of times before. But I don’t think I’ve ever seen a price tag on these. If you go to SolarCity’s home energy storage page, you can see that it asks you to “Get a free quote.” Not having a home in the US (and my legal home base in Florida not being in SolarCity territory), I couldn’t 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 (“due to limited supply of batteries”).

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. I’m 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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About the Author

Zach is tryin' to help society help itself (and other species). He spends most of his time here on CleanTechnica as its director and chief editor. He's also the president of Important Media and the director/founder of EV Obsession and Solar Love. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, and Canada. Zach has long-term investments in TSLA, FSLR, SPWR, SEDG, & ABB — after years of covering solar and EVs, he simply has a lot of faith in these particular companies and feels like they are good cleantech companies to invest in. But he offers no professional investment advice and would rather not be responsible for you losing money, so don't jump to conclusions.



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