Tesla teams up with utility company to offer super-cheap Powerwalls to back up its power grid
Tesla is pairing up with a Vermont utility provider to offer subsidized Powerwall battery packs to bolster its power grid and give customers a chance to harness its energy when other lights go out.
Vermont's Green Mountain Power (GMP), a utility company with a decidedly environmental focus, will be the first power provider in the world to integrate Tesla's system as a major part of its grid. GMP will install Tesla's industrial Powerpacks on its own utility land and offer 2,000 of its customers 7 kW Powerwall 2 units for an extra $15 per month charge on their power bill or a one-time, $1,500 fee. The batteries store energy during off-peak hours, like nighttime, for later use, and typically cost up to $3,000. Read more...
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