Tesla to Unveil $13,000 Home Battery on April 30th

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By Jacob Maslow

smart homeTesla Motors Inc. (NASDAQ:TSLA) has been hinting at a big announcement set for an official release on April 30th. The company may be trying to keep details sparse, but a lot of new information has been released in the past few days.

The announcement is said to be a battery large enough to power a home with a price tag of $13,000.

The highly efficient batteries are capable of being charged overnight and will also be able to store energy produced through solar and wind technologies. While no official reports have been announced, the batteries have been made available to 300 SolarCity customers.

According to investment analyst Trip Chowdhry, he met some of SolarCity customers at various events, and they have been testing the battery for more than a year. Trip states that the battery will offer 10 – 15 kWh of power and there is a 50% rebate offered by Pacific Gas & Electric.

The batteries will require a down payment of $1,500 with monthly payments of $15 over the span of 10 years.

The Tesla Company is rumored to already have corporate contracts in place. Rumors state that the battery has been installed in both Google and Apple corporate offices, and that the company is in talks with retail giant Wal-Mart, which plans to use the battery in-stores.


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