Tesla Tested by Enel to Buffer South Africa Power Cost
- Enel Green Power starts pilot to sell kit this month
- Retail business may be market of the future for Enel
Here's Why Tesla Is Building Batteries for Your Home
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Enel Green Power SpA, the renewable energy unit of Italy’s biggest utility, is rolling out a version of Tesla Motors Inc.’s home-power kit to help South African retail customers buffer against rising electricity prices and grid outages.
With South African power tariffs set to rise 9.4 percent this year, Tesla’s battery systems could become more attractive to customers seeking to reliably store self-generated renewable energy at home, said Enel Green Power Chief Executive Officer Francesco Venturini in a phone interview. Power outages plagued the country’s grid on average about every fourth day last year.