Mercedes Benz Goes Solar – With BatteriesTuesday May 23

Mercedes-Benz and Vivint Solar partner to compete with Tesla in home energy

Robert Ferris, 18 May 2017 (CNBC)

“Mercedes-Benz is partnering with U.S.-based Vivint Solar to compete with Tesla and similar companies in residential solar energy and storage…[Beginning in Q2, Mercedes-Benz Energy will offer] its 2.5 kilowatt-hour energy storage batteries with Vivint's rooftop solar to make a combined product for [California] homeowners…[A] similar program has already been successful in Europe…Costs will vary depending on the system, but a fully installed 2.5 kWh battery system, when paired with a solar energy system will cost about $5,000…A 20 kWh home energy storage system — made of several connected batteries —will cost about $13,000 fully installed…The offering includes the complete package: batteries, inverter, all required technical components, professional installation, permitting, system design and consultation with Vivint Solar. The installation of the entire system, including the solar panels and the battery, typically takes one to two days, once permits are secured…[Tesla] has touted the benefits of selling energy storage batteries with solar panels…” click here for more

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