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That’s an excellent point about consumer versus utility behaviors. The Tesla/SolarCity model, of basically renting out solar panel installation in exchange for
by osteele 9y ago
That’s an excellent point about consumer versus utility behaviors.
The Tesla/SolarCity model, of basically renting out solar panel installation in exchange for a cut of the future energy value, is an interesting approach to incentivizing a different consumer behavior.
This article https://www.fool.com/investing/2017/05/20/teslas-powerwall-showing-path-for-home-energy-stor.aspx https://www.fool.com/investing/2017/05/20/teslas-powerwall-s... describes a similar program applied to home energy storage.
- greglindahl 9y agoTesla is abandoning that model. And note that the overwhelming majority of their grid battery business is selling to power companies, not consumers.
- toomuchtodo 9y agoThe model made sense when residential systems were much more expensive, beyond the reach of the average homeowner even with the 30% tax credit. With the cost of systems declining so quickly, the PPA/lease model is no longer necessary.