Tesla unveils plan for battery that will power your home

On Wednesday, Tesla CEO Elon Musk revealed some details about an upcoming product— a battery pack designed for home use. 

The battery pack will combine solar panels with larger batteries which could even eliminate the need to pay for utility electricity. 

A look inside of a Tesla Model S vehicle battery pack. Designs for a home battery pack have not yet been released.

According to Musk, the consumer battery design is complete and will be officially be revealed within the next two months. Production could begin in six months.
 
Musk had expressed interest in creating a battery for consumers’ homes (instead of cars) earlier last year during an earnings conference call. He discussed the home energy-storage market and explained that there may be an upcoming demand for battery systems that would be installed in homes and business.
 
At the time Musk was trying to figure out what could serve as an efficient stationary battery pack.

According to Forbes, at the time of his earlier conference call musk mentioned “some will be like the Model S pack: something flat, 5 inches off the wall, wall mounted, with a beautiful cover, an integrated bi-directional inverter, and plug and play.” 

On this week’s call, Tesla’s chief technical officer added that “the long-term demand for stationary energy storage is extraordinary,” wrote the Verge. 

Who knows, we could be saving money on our electric bills very soon.