Unlock Unprecedented Savings with Tesla's Electric Incentive

Tesla Electric Fixed Plan

This plan offers a competitive fixed rate for electricity, with an added bonus during low-cost hours. It provides a stable and cost-effective option for Powerwall owners, ensuring they can manage their energy consumption efficiently. By taking advantage of this plan, owners can save money on their electricity bills while also having the peace of mind of a fixed rate.

For example, imagine a Powerwall owner in Texas who regularly charges their electric vehicle. With the Tesla Electric Fixed Plan, they can enjoy a discounted rate during off-peak hours, significantly reducing their charging costs. This not only helps them save money but also makes it more affordable to own an electric vehicle.

Tesla Electric Dynamic Plan

The Dynamic Plan comes with a competitive variable rate, which adjusts according to peak demand periods. While the rates may be higher during peak times, it offers flexibility and allows owners to adapt to changing energy market conditions. This plan is ideal for those who are more sensitive to price fluctuations and want the option to adjust their energy usage based on demand.

For instance, a Powerwall owner in Texas who has a business that operates during peak hours may find the Tesla Electric Dynamic Plan more suitable. They can manage their energy consumption during peak times and take advantage of the lower rates during off-peak hours, optimizing their energy costs.

Unlimited Vehicle Charging Options

For an additional fee, Tesla offers unlimited vehicle charging options. With the Tesla Electric Fixed Plan, it costs $15 per month per vehicle, while the Dynamic Plan requires $25 per month per vehicle. These fees provide owners with the convenience of unlimited charging, allowing them to keep their electric vehicles powered up without worrying about additional costs.

Imagine a Tesla owner who frequently takes long trips or has a high daily mileage. With unlimited vehicle charging, they can enjoy the freedom of driving an electric vehicle without the worry of running out of battery. This is a significant advantage for Tesla owners and helps to make electric vehicle ownership more accessible and convenient.

Powerwall Credits

Powerwall owners can earn credits by participating in the Tesla Virtual Power Plant. Under the Tesla Electric Fixed Plan, owners earn $400 credit per year per Powerwall, while under the Dynamic Plan, they earn $120 credit per year per Powerwall. These credits can be used to offset the cost of electricity or other Tesla services, providing an additional benefit to Powerwall owners.

For example, a Powerwall owner in Texas who participates in the Tesla Virtual Power Plant can earn significant credits over the year. These credits can be used to reduce their electricity bills or even be applied towards the purchase of a new Tesla vehicle. It's a win-win situation for Powerwall owners and Tesla, as it encourages participation in the virtual power plant and helps to optimize energy usage.

Energy Sharing with Grid

Tesla allows Powerwall owners to sell energy back to the grid through its 'Energy Sharing with Grid' feature. Under the Fixed Plan, owners can sell energy back at a fixed rate per kWh, while under the Dynamic Plan, they can sell energy at 90% of the real-time market price per kWh. This provides an additional revenue stream for Powerwall owners and helps to optimize the use of renewable energy.

For instance, a Powerwall owner in Texas who has excess energy generated by their solar panels can sell it back to the grid through the Tesla Electric program. This not only helps to reduce their carbon footprint but also provides them with a financial incentive. It's a great way for Tesla owners to contribute to the energy grid while also benefiting from their investment in renewable energy.

Tesla's new incentive of $5 per month for unlimited overnight charging for a year is a significant step in making electric vehicle ownership more affordable. To be eligible, customers need to order and take delivery of a new Tesla vehicle, sign up for the Tesla Electric Fixed Plan, and live in an area of Texas that allows them to choose their electricity provider. This targeted incentive at the state level, combined with Tesla's other sales incentives and programs, is part of the company's effort to deliver a record number of more than 515,000 vehicles in Q4 and ensure its annual deliveries are not down.

Over the last few weeks, Tesla has been implementing a series of sale incentives to meet the demand for its record-breaking quarter. In Europe, it includes a year of free Supercharging and heavy discounts. In the US, there are good inventory discounts, 3 months of free Supercharger and FSD, FSD transfer, and more. Everywhere, Tesla is heavily subsidizing loans with lower interest rates. These incentives are designed to attract more customers and make Tesla vehicles more accessible to a wider range of consumers.