Tesla and Sunrun Partner to introduces Residential Energy Plan in Texas
Tesla and Sunrun have joined forces to launch a new home energy plan in Texas, designed specifically for homeowners with Sunrun Flex systems. The Tesla Electric + Sunrun Flex plan offers an all-in-one, grid-resilient energy solution, aimed at providing maximum solar production, energy independence, and enhanced outage protection.
Key Features of the Tesla Electric + Sunrun Flex Plan
- Affordable, Fixed Electricity Rates: Homeowners in Texas can enjoy low, fixed electricity rates from Tesla Electric, ensuring cost predictability and stable monthly payments.
- Competitive Sellback Rates: The plan offers competitive sellback rates for excess solar energy sent back to the grid, maximizing value for solar producers.
- Reliable Backup Power: Every Sunrun Flex system is paired with Tesla's Powerwall battery for seamless backup power during grid outages.
- Battery Management: Tesla manages battery settings, solar crediting, and rollover credits for customers using less energy than their baseline allocation.
- Virtual Power Plant (VPP) Participation: Tesla's Powerwall batteries can participate in the Virtual Power Plant (VPP), allowing connected homes to share excess energy to help stabilize the grid and meet demand spikes.
- Simplified Customer Experience: Sunrun provides dedicated enrollment assistance, monitoring, maintenance, repairs, and performance guarantees, ensuring a seamless customer experience.
A Step Towards a Sustainable Future
This partnership addresses the complexity of the Texas electricity market, which has over 100 retail electric providers and varied rate structures often not optimized for solar + storage homes. The Tesla Electric + Sunrun Flex plan aims to deliver maximum solar production, energy independence, and enhanced outage protection, making it an ideal choice for Texas customers in deregulated areas that offer electric choice.
Colby Hastings, Director of Residential Energy at Tesla, stated that the partnership aims to unlock the full potential of home solar and storage. Mary Powell, CEO of Sunrun, added that the partnership creates the most comprehensive home energy solution on the market.
It's important to note that the Tesla Electric + Sunrun Flex plan does not include any advertisements for Tesla products beyond the solar and storage components. Interested homeowners can learn more or enroll in the Tesla Electric + Sunrun Flex plan by visiting sunrun.com/flex-texas.
[1] Sunrun. (2022). Tesla Electric + Sunrun Flex. [Online]. Available: https://www.sunrun.com/solar-batteries/tesla-powerwall/texas
[2] Tesla. (2022). Tesla Powerwall. [Online]. Available: https://www.tesla.com/powerwall
[3] Sunrun. (2022). Sunrun Flex. [Online]. Available: https://www.sunrun.com/solar-batteries/sunrun-flex
[4] Tesla. (2022). Virtual Power Plant. [Online]. Available: https://www.tesla.com/energy/virtual-power-plant
- The Tesla Electric + Sunrun Flex plan, a collaboration in the technology and energy industries, brings affordable, fixed electricity rates to Texas homeowners, along with competitive sellback rates for excess solar energy, all while offering reliable backup power and participating in the Virtual Power Plant (VPP), creating a comprehensive finance solution for homeowners seeking energy independence and enhanced outage protection.
- As parts of the diversified finance, technology, energy, and service sectors, Tesla and Sunrun continue to innovate through their partnership, together developing a forward-thinking, sustainable home energy plan, aiming to lead in energy production, storage, and grid resilience in the ever-evolving Texas electricity market.
