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Home batteries are suddenly cheap and everywhere. Here’s why.

CN
CitrixNews Staff
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Home batteries are suddenly cheap and everywhere. Here’s why.

Competition is heating up in the race to install home battery systems, with heavy hitters and nimble startups all vying for a piece of the market.

Tesla may have led the pack for years, but recently it has been feeling the heat from upstarts like Base Power, which has raised $2 billion in less than a year. The automaker-cum-energy company recently introduced a new Powerwall battery leasing plan that cuts the monthly price by more than two-thirds, an apparent response to all that competition.

Originally reported by TechCrunch. Read the full story at the original source.