Solarcity’s Homebuilder Program Offers Cheaper Energy Storage In California
The program launched in 2011 provides new homes with a special offer for its new home energy storage product. The product is said to include the Tesla Powerwall, advanced hybrid inverter, monitoring and control systems, as well as a warranty and service agreement- integrated with solar power.
SolarCity believes their Homebuilder program will be more affordable to residents as there is little to no upfront cost for installation of the solar power system. Users also have to option of sealing into a fixed-price rate for solar energy that will last for the next 20 years. This would work out to cost less per month than residential owners would pay for electricity rates in California.
While the main product is designed to provide a battery backup system, the program has the potential to increase integration of solar energy as well as protecting citizens from any rising utility costs.
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