| *Year-one monthly estimates are based on the average Powerwall customer in California, with 8 kW of solar and one Powerwall 3, assuming typical consumption (~12,500 kWh) and PV production of the climate region (~11,750 kWh) and average utility rates. Actual savings depend on location and specific energy demands per household. Future electric utility rates are estimates only and may vary significantly. Any costs of financing the system are also not included.
**The U.S. House of Representatives passed its version of the Reconciliation Bill, which includes the elimination of the 30% federal solar and battery tax credits by 12/31/2025. This means any projects not operational by the end of 2025 may not be eligible for the tax credit. The Senate Finance Committee has released a reconciliation package in response that, if ultimately adopted, would result in elimination of these tax credits upon being signed by the President. |