How Much Does A Tesla Power Wall Cost In 2023, And Is It Worth The Price?
While Tesla's cars and upcoming truck get most of the attention, the company has several other products on offer — and not all of them are vehicle-related. Renewable energy enthusiasts will be pleased to know Tesla's range includes solar panels, solar roof tiles, and a large battery bank known as the Tesla Powerwall. The Powerwall's battery can store 13.5 kWh of electricity as standard, but you can also install up to ten of them and increase your home's power storage capacity to a huge 135 kWh.
If you're planning on purchasing a Powerwall, expect to pay around $11,050 per unit. This price doesn't factor in the cost of installation, nor does it include the cost of installation equipment,which might set you back up to $1,700. However, there are government rebates and incentives on offer when it comes to green energy-related products like the Powerwall. These vary from state to state, so you should look into both local and federal incentives when pricing up the Powerwall. But even if you get it at a knockdown rate, is it worth the outlay?
Is it worth the money?
The Tesla Powerwall has a number of benefits that may make it worth the admittedly hefty outlay. The first thing you need to consider is its impact on your power bill. Not only will you get a little more from your solar panels, but the Powerwall has the ability to power your home with the energy it has stored during peak times, then replenish that charge during off-peak hours. If you have enough power walls and enough solar panels or other alternative power sources, you could even forget about power bills altogether. You also save a little on installation, as the Powerwall is one of the easier systems to set up. It's also a superb backup system if you live in an area affected by power outages. If your power goes out, you may not even notice as the Powerwall steps in and keeps things going until you're reconnected to the grid. A single unit can hold enough power to keep the average home going for a day.
That said, the Tesla Powerwall is one of the more expensive options on the market, and many other companies have similar products available for less money. Some of those products have longer guarantees, larger capacities, or even just the same functionality but at a lower price point. So make sure you take some time to check out the best current Tesla Powerwall alternatives before you part ways with thousands of dollars.