© AngieC333 / Shutterstock Tesla PoweralWhile Tesla's upcoming cars and trucks are getting a lot of attention, the company has many other products, and not all of them are car-related. Renewable energy enthusiasts will be pleased to hear that Tesla's lineup includes solar panels, solar panels, and a large battery known as the Tesla Powerwall. By default, the Powerwall battery can store 13.5 kWh of electricity, but you can also install up to ten of these batteries and increase your home's capacity to 135 kWh.
If you're considering purchasing a Powerwall, expect to pay around $11,050 per unit. This price does not include the cost of installation and does not include the cost of installing equipment, which can cost up to $1,700. However, there are government rebates and incentives when it comes to clean energy products such as Powerwall. These vary by state, so consider local and federal incentives when pricing Powerwall. But even if you get it at a bargain price, is it worth it?
© Bloomberg / Getty Images Contractors installed the PowerwallThe Tesla Powerwall has a number of advantages that may justify the hefty price tag. The first thing to consider is the impact on your electric bill. Not only will you get the most out of your solar panels, but the Powerwall has the ability to supply your home with stored energy during peak hours and then recharge that load during peak hours. If you have enough electric walls, solar panels, or other alternative energy sources, you can forget about electricity bills altogether. You'll also save on installation costs because Powerwall is one of the easiest systems to configure. It's also a great backup system if you live in an area where power outages are possible. In the event of a power outage, you may not even notice that the Powerwall has started until you plug it back in. One unit can store enough energy to power an average home for one day.
However, Tesla Powerwall is one of the more expensive options, and there are plenty of other companies offering similar products for less. Some of these products have a longer warranty, larger capacity, or even the same functions at a lower price. So be sure to take the time to check out the best Tesla Powerwall alternatives before you part with thousands of dollars.
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