Do you have a Tesla Solar Roof or a Powerwall at home? Well, soon you could become an electricity provider and benefit financially in the process. Those led by Elon Musk announced Tesla Electric, a network in which you can “sell” the electricity you generate in your home. For now, yes, it will only be available in Texas.
“Tesla Electric is an electricity plan designed for the Powerwall. By sharing your energy with the grid, whether it’s generated from solar energy or stored in the Powerwall, you can support your community while earning back credits on your electric bill.”
The main objective, according to the company, is to accelerate the transition towards sustainable energy. And of course, it is another step to become an electricity company.
Tesla Electric is not a simple network that facilitates the commercialization of energy balanced on a Powerwall. In fact, they have endowed it with multiple smart features for the owners to benefit.
A Powerwall will be able to determine the ideal time to sell or recharge. “Together with other members of Tesla Electric, you can maximize the value of your solar energy while using your Powerwall storage to add more renewable electricity to the grid,” they mention.
Tesla Electric also it also allows you to import electricity from other network sources when necessary. For example, on cloudy days. The idea, then, is to maintain a constant flow of sustainable energy within a community.
When the sale of electricity is completed, the owner earns credits, which can be used to reduce the payment of the electricity bill. Although there are similar programs and networks in the United States, with Tesla Electric it is possible to earn 50% more credits in relation to its competitors.
Managing Tesla Electric from the Tesla app
Eye, all the functions of Tesla Electric are managed from the Tesla mobile application, thus facilitating its use by members of the network. From the app you can view the kilowatt-hours that you have sold in a given period, as well as their respective earnings in credits. If you are importing electricity, information is provided on its source
“Tesla Electric members can also see what rate they will pay for the electricity they use and what they will be credited when selling power to the grid,” they add.
Another of the great attractions of Tesla Electric is that the system has the ability to identify moments when the sale price rises, and takes advantage of them to sell your surplus electricity.
As mentioned above, the program is only available in Texas. On the other hand, only some selected members will be able to sell electricity at first. From Tesla they indicate that their intention is to take Tesla Electric to other states of the North American country. At the moment, there is no information that anticipates its availability in other regions of the world.
“To be eligible, you must live in an area of Texas that offers retail options and have a Powerwall installed in your home. To see if this plan is available to you, look for the Tesla Electric ad in the Tesla app,” they mention.