Tesla’s Home Battery: Price, Lifespan, Availability, Alternative

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5. Competition

Currently, several companies offer alternatives to Tesla’s home battery. The closest product is LG’s Chem RESU battery, which has a capacity of 6 KWh and costs $4,000 or $667 per KWh, which is higher than the Powerwall 2’s $407 per KWh. Then there is Sunverge, whose small battery has a capacity of 6 KWh and costs $8,000. Sunverge also offers a large battery with 23 KWh at a price of $20,000. Another alternative is Orison, which costs $1,600, but holds only 2.2 KWh. However, Orison’s products are light and don’t require a professional electrician to install them; they come as light and flat wall panels or standing units.

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Despite the availability of a selection of alternatives, Tesla’s home battery offers the cheapest cost per KWh, even including additional costs that other products might not have and should be considered by any solar owner, especially those who’s already been hit with net metering restrictions.

Disclosure: None

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