The cost of unlimited at-home car charging with Tesla

At the electric car manufacturer's Investor Day on Wednesday, Tesla Inc. announced a new unlimited overnight home charging programme for $30 per month.

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Drew Baglino announced that the company would offer retail electricity options to Tesla customers by this summer.

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The initiative is anticipated to begin in Texas, where Tesla recently constructed its most recent GigaFactory, in July.

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Bagliano claimed that Texas has access to plenty of wind energy, particularly at night when demand is lower and it is less expensive to pull power and charge EVs.

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Presently, Tesla Electric is limited to Texas consumers with a Powerwall at home.

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According to Tesla Electric, your Powerwall automatically chooses when to charge and when to transfer energy to the grid.

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The Powerwall is an integrated battery device that saves solar energy as a safety net against power disruptions or utility breakdowns.

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Tesla users who travel frequently, switching from charging units to monthly plans will result in substantial savings.

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The decision lowers the cost of having a Tesla and suggests a change in how energy is priced generally.

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By encouraging night charging, it will lessen the burden on grids.

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