Many people have asked why the total installed MPOWER Solution featuring the Tesla Powerwall is more than they expected. They tell us, "Elon said it costs $3,500."
Let me try to explain why it costs more than $3,500.
MPOWER does not determine the pricing charged for Powerwall. This is the posted Tesla pricing.
Double the Power for the Same Price
The overall pricing for Powerwall is essentially the same because of the integrated inverter in AC Powerwall 2. The inverter converts the energy stored in DC (direct current) format in the Powerwall 2 battery into AC (alternating current) that is used to power the electrical loads in your home.
For Powerwall 1 to operate, a SolarEdge 7600A inverter was required in Canada, amongst other equipment. If we compare apples to apples, now that the inverter is integrated into AC Powerwall 2, you get double the power for the same price!
To get Powerwall 2 properly and safely installed on your property, there are additional expenses:
This does not include solar installation, electrical upgrades, taxes, permit fees or any retailer/connection charges that may apply. Installation costs will vary based on your electrical panel, and where you would like your Powerwall installed.
Taking the list above and providing some examples and price ranges:
Find out how MPOWER Energy Solutions, featuring the Tesla Powerwall, is delivering on our customers’ green energy goals.
Learn more about key green energy issues and sustainability in our whitepapers.