On April 30th 2015, Tesla Motors CEO, Elon Musk, announced the release of two new battery backup products for both home and industrial use. The Powerwall for home use and the Powerpack for industrial use are slated to begin installations as early as this summer.
The lithium ion batteries can store electricity from solar panels or they can tap into the grid for a charge, allowing home users to store energy for use during power outages. Tesla is offering the Powerwall to homeowners in either 7 or 10 kilowatt hour modules. The larger pack will sell for $3,500 while the smaller version will sell for $3,000. The two units require the installation of an inverter which is not included. Both the unit and inverter must be installed by a qualified electrician.
The Tesla Powerpack, which is for industrial use, will be sold in 100 kilowatt modules at a cost of $25,000 per unit. Musk says that Tesla will work with businesses on their installations. Musk also said that the new industrial modules are scalable and are capable of powering a small city. He says that it can be easily made into a "gigawatt hour solution."
On May 6th 2015, Tesla announced that it had already taken 38,000 reservations for its Powerwall home module and 2,500 reservations for the industrial use Powerpack. The strong demand is making a statement about how the public feels about alternative sources of energy. Musk believes that this is just the first step toward ending our dependence on fossil fuels.
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