Tesla has announced that it is soon to launch a plan that will give drivers unlimited overnight charging at home for $30 per month. The offer will be part of the Tesla Electric energy business.
The launch of Tesla Electric has made the company an electric reseller, using energy that has been collected by Tesla Powerwall owners. Electrek explains how the business works in its current form.
Instead of reacting to specific “events” and providing services to your local electric utilities, as Tesla Powerwall owners have done in VPPs in California, Tesla Electric is actively and automatically buying and selling electricity for Tesla Powerwall owners – providing a buffer against peak prices.
The Tesla Electric retail offering is available to Powerwall owners in Texas right now, but there are plans to expand beyond that location. As part of that, Tesla used the Investor Day yesterday to confirm that there is a new rollout planned for an unlimited charging product that will have a set fee.
Drew Baglino, senior vice president of engineering, announced the $30/m plan, but it won’t actually be limited to those who have Tesla Powerwalls at home.
Baglino’s comments confirm that, saying that the new product is a way to reduce the cost of Tesla ownership.
By this summer, we are going to offer retail electricity plans to people who have our cars where they can have unlimited overnight home charging for $30 per month. This is part of reducing the total cost of ownership of our vehicles, and the reason why we can do this is because Texas as a ton of wind. And in Texas, the wind blows at night.
Those who charge at night already, and who cover plenty of mines, are most likely to benefit here. Tesla says that the plan will be available in Texas starting his July, so we’ll have to see how things pan out. The company also teased an expansion for Tesla Electric, too.
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