Tesla has made its Megapack energy storage systems more accessible by significantly reducing the cost of its two-hour variant. This price reduction was identified on Tesla’s online configurator and indicates a more affordable entry point for large-scale energy storage buyers. The revised pricing strategy could influence the adoption rate of these energy solutions.
Price Drop and Variable Costs
The recently observed price change amounts to a $42,500 discount, with the new cost of a two-hour Megapack set at $1,278,860 in California. This figure can fluctuate based on the installation state, reaching up to $1,366,970 in Alaska. Tesla offers a choice between two-hour and four-hour Megapacks, with varying power and energy capacities as well as efficiency rates.
Megapack Specifications and Installation Options
The two-hour Megapack boasts 1,927 kW of power and 3,854 kWh of energy with 92.0 percent round trip efficiency. In contrast, the four-hour version offers 979 kW of power and 3,916 kWh of energy, with a slightly higher efficiency of 93.7 percent. Regardless of the duration, both share common features such as a 480V AC 3 phase interconnection, precise dimensions, and a weight limit, along with several ratings and certifications.
Tesla also provides customers the option to include installation services with their purchase, which, while raising the cost significantly, covers a comprehensive range of setup processes and requirements. For example, adding installation to a single two-hour Megapack in California would bring the total to approximately $2,081,060.
The company has structured their pricing to offer discounts for bulk purchases. When two units are ordered, the price per Megapack decreases, providing further incentive for larger installations. Tesla continues to ramp up production of the Megapack at its facilities in California and China to meet growing demand.
