How Much Does The Tesla Powerwall Cost?
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As of 2023, When purchased directly from Tesla, the Tesla Powerwall costs between $9,200 and $14,200. It should be noted that this pricing does not include any state or federal incentives, including the federal solar tax credit. Tesla provides various purchasing options, including bundling it with a solar panel or roofing system or buying it independently. Continue reading to know more about Tesla Powerwall’s cost.
Tesla Powerwall is a standout product, with a cost per kWh that is an impressive 30% lower than its closest competitor. When you compare it to other solar batteries on the market, it’s clear that more and more people are choosing the Powerwall. Even though cost is a factor, its value is unparalleled. Before we delve deeper, let’s take a moment to grasp the concept of the remarkable Tesla Powerwall.
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What is Tesla Powerwall?
Powerwall is a small home battery that stores solar energy for dark or cloudy days, reducing dependency on the grid. Since its debut in April 2015, Tesla has provided many Powerwall versions. The Tesla Powerwall 2 differs from the original as it has a sleeker design, is easier to install, and is more user-friendly. This system has a continuous power rating of up to 5.8 kW and a peak power rating of up to 7 kW. The battery storage capacity of the Powerwall 2 and Powerwall+ is the same (13.5 kWh). However, the Powerwall+ adds an inverter for a simpler connection with solar PV panels. The Tesla Powerwall 3 is yet to be released.
Pricing Options of the Powerwall
It is possible to incorporate a Powerwall, or multiple Powerwalls, into your existing solar panel setup or a new Tesla solar roof. If you are choosing to purchase a Powerwall alongside a Tesla Solar System, the following price list applies:
- 4.8 kW solar panel system + Powerwall: $25,250
- 9.6 kW solar panel system + Powerwall: $36,280
- 16.3 kW solar panel system + Powerwall: $51,700
- 19.2 kW solar panel system + Powerwall: $58,40.
The cost of Tesla Powerwall units decreases when purchased together. The quotation for the average cost of a Tesla Powerwall includes installation expenses. The prices below include installation costs provided by Tesla and do not account for solar incentives.
| Number of Powerwalls | Total cost with Tesla Solar Installation | Per Unit costs |
|---|---|---|
| 1 | $11,500 | $11,500 |
| 2 | $18,500 | $9,250 |
| 3 | $25,500 | $8,500 |
| 4 | $32,500 | $8,125 |
| 5 | $40,500 | $8,100 |
| 6 | $48,500 | $8,083 |
| 7 | $56,500 | $8,071 |
| 8 | $64,500 | $8,063 |
| 9 | $72,500 | $8,056 |
| 10 | $80,500 | $8, 050 |
To assist you in reducing your power costs, the Powerwall also features cost-saving modes. The 30% federal solar tax credit applies to Powerwalls and other battery systems, bringing the cost of a single unit down to $9,940 from $14,200. The powerwall must be used with solar panels, get 100% of its charge from solar panels for residential use, and receive 75% of its charge from solar panels for commercial use to qualify for these incentives.
Your state government or utility provider may provide extra solar tax exemptions or other financial advantages, depending on where you reside, before installing a Tesla Powerwall; research nearby incentives and the criteria for participation.
Also Read: How Much Does Tesla Solar Roof Cost?
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