Tesla has released a new comparison report claiming Powerwall with solar is cheaper than a traditional backup generator.
For years now, Tesla has enjoyed a giant backlog of Powerwall orders, but now that production has ramped up, the automaker has worked through most of that backlog and it has to start generating more demand for the home energy storage product.
Tesla has now released a new report to compare Powerwall with backup generators.
The company claims that when combining Powerwall with solar, the backup system is cheaper than a traditional generator:
When paired with solar, Powerwall works daily to reduce your monthly electricity bill. Over ten years, these savings can make Powerwall and solar more cost effective than a generator.
Tesla says that you can save about $20 per month on payments when accounting for electricity bill savings…