EV-a2zEV-a2z
Notification Show More
Aa
  • News
    • EV Type
      • BEV
      • HEV
      • PHEV
      • FCEV
    • System
      • EV
      • Battery
      • Charging Infra
    • Veh. Type
      • Bike
      • 3 Wheeler
      • Car
      • Bus
      • Truck
      • Aircraft
    • Country
      • United States
      • United Kingdom
      • Australia
      • India
      • China
      • Germany
      • Japan
      • Canada
    • Company
      • Tesla
      • BYD
      • General Motors
      • Ford
      • Toyota
      • Volkswagen
      • Hyundai
      • Stellantis
    • Energy
      • Solar Energy
      • Wind Energy
  • Reviews
  • FAQ
  • Listicles
  • Sales Report
  • Guidance
    • Policy
    • Standards
    • Regulations
  • Books
  • Expo
  • Glossary
Search
© EV-a2z. All Rights Reserved.
Reading: Tesla to start selling electricity to Britain households
Share
Aa
EV-a2zEV-a2z
Search
  • News
    • EV Type
    • System
    • Veh. Type
    • Country
    • Company
    • Energy
  • Reviews
  • FAQ
  • Listicles
  • Sales Report
  • Guidance
    • Policy
    • Standards
    • Regulations
  • Books
  • Expo
  • Glossary
Follow US
EV-a2z > News > Tesla to start selling electricity to Britain households
News

Tesla to start selling electricity to Britain households

EV-a2zm
Last updated: 2023/07/14 at 1:34 AM
EV-a2zm Published July 13, 2023 4 Min Read
Share
4 Min Read
electricity pylon, electrical grid, communications tower.jpg
electricity-pylon-electrical-grid-communications-tower
SHARE

Leading American automaker Tesla is apparently planning to penetrate Britain’s energy market, hinted by the company’s recent job advertisement. It is worth noting that Tesla already operates the same business in the US.

The Musk-led company’s plan to register as an electricity supplier with the industry regulator and offer a “retail electricity product in the UK” has been revealed by the said job advertisement.

Tesla Electric is preparing to expand in the UK https://t.co/R7gGoeDqgq pic.twitter.com/eqOR40h6GT

— Energize (@energizeuk) July 11, 2023

In that sense, Tesla is looking for a skilled and experienced energy executive “with a healthy skepticism of the status quo” to take the head of operations position at its Tesla Electric in the UK.

The job listing claims that Tesla Electric aims to “support the transition of the entire electricity grid to 100% renewables.”

How does it work?

Tesla Electric may be looking to aid owners of its Powerwall battery, solar panels, or electric vehicles to store energy when it is cheap and sell it back to the grid when its prices increase.

Simply put, Tesla Powerwall owners can charge up the technology overnight while the energy is cheap and use them during the day when it is more expensive.

In that sense, Tesla Electric plans to sell renewable electricity to UK households and then buy back stored energy during peak demand.

🔴 Exclusive: Tesla is developing plans to register as an electricity provider in the UK. A job listing has revealed that the company is seeking to hire an experienced energy executive as its UK head of operations for Tesla Electric

➡️ Read more: https://t.co/fKv7TL22tw pic.twitter.com/r3VDTFbbrN

— Telegraph US (@TelegraphUS) July 11, 2023

Through Tesla Powerwall, this service enables households to evade market prices peak when renewable electricity lacks sufficient supply. It will also aid the electric grid in reducing its reliance on fossil fuels by increasing the application of renewable energy.

“Tesla Electric is Tesla’s retail electricity offering, currently available to Tesla product owners in selected markets globally, such as Texas. We believe strongly that simplifying and improving the customer experience around retail electricity and virtual power plants is necessary to drive significant adoption amongst consumers.”

Tesla 

Tesla Powerwalls installation costs about £9,500. Industry source reportedly claims that Tesla has already deployed 10,000 to 20,000 units into UK households.

Excitingly, Tesla EV owners will also soon access the service under the Ofgem plans, which aim to enable EVs to sell energy back to the electric grid.

The job advertisement revealed that Tesla aims to apply to Ofgem for an electricity supply license. It will enable the company to sell energy to domestic and non-domestic premises. Notably, suppliers must apply for a separate license to sell gas.

Tesla had already attempted to disrupt the UK’s energy industry in 2020 when it partnered with Octopus Energy. However, the company canceled the deal earlier this year, hinting that it aims to establish its own service. It also gained a generation license from Ofgem in 2020, allowing it to sell energy commercially.

See Also:

  • Tesla, Canada partner to open Superchargers to non-Tesla electric vehicles
  • Tesla launches Tesla Electric for Texas
  • Tesla electric vehicle repairs as part of General Motors’ expanding new business
  • Tesla solidifies its reign as Europe’s electric vehicle market leader
  • Tesla solidifies its reign as Europe’s electric vehicle market leader

Tesla’s entry into Britain will undoubtedly aid the country’s energy industry amid a two-year turmoil among local providers. Numerous energy providers left the business due to rising wholesale costs. Meanwhile, competition has slowed due to the price cap on bills.

Tesla launched a “master plan” to cut fossil fuels from the world economy by adopting electrification and smart power storage technologies. The automaker discovered it was “technically feasible,” requiring “less investment and less material extraction.”

You Might Also Like

Hyundai reveals battery suppliers of its EV models amid fire concerns

Uber boss casts doubt on Tesla’s Robotaxi vision

Tesla secures direct sales license in Kentucky

CATL launches showroom of EV models powered by its batteries in China

Tesla Semi to hit European roads

TAGGED: Electric Vehicle, EV, Tesla, Tesla Electric, UK
EV-a2zm July 14, 2023 July 14, 2023
Share This Article
Facebook Twitter Flipboard Whatsapp Whatsapp LinkedIn Reddit Email Copy Link

Follow US

Find US on Social Medias
Facebook Linkedin Twitter

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Popular News
TESLA Recharging
Listicle

Top 20 Fastest EV Charging Stations Available in the Market

EV-a2zm By EV-a2zm January 18, 2024
China may allow Tesla’s Robotaxi trials with local officials’ support
Octopus Energy expands UK’s largest virtual power plant
Switch Mobility to invest ₹10 billion in a new EV plant in India
Tesla plans to double Germany’s production without additional water consumption
- Advertisement -
Ad imageAd image

Tags

Australia (197) Autonomous Driving (110) Battery (805) BEV (71) BMW (105) BYD (319) Canada (74) CATL (84) Charging Infrastructures (360) China (749) Electric Truck (72) Electric Vehicle (4971) Elon Musk (324) Europe (466) EV (5090) EV Sales (169) Ford (180) Full Self-Driving (94) General Motors (118) Germany (134) Gigafactory (90) Honda (74) Hyundai (156) India (268) Japan (82) Kia (92) Lithium (74) Lithium-ion Battery (79) Mercedes Benz (83) NIO (101) Nissan (77) Renewable Energy (91) Rivian (76) Solar Power (99) Stellantis (117) Tesla (1564) Tesla Cybertruck (101) Tesla Model 3 (151) Tesla Model Y (178) Tesla Superchargers (90) Toyota (154) UK (150) USA (1518) Volkswagen (183) Volvo (76)

About Us

Your definitive guide to the electric vehicle and renewable energy transition, offering insights, news, and analysis on EVs and green energy trends.

Top Menu

  • News
  • Reviews
  • Listicle
  • EV Sales
  • FAQ

Resource

  • Policy/Standard/Regulation
  • Glossary
  • Books
  • Expo
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

EV-a2zEV-a2z
© EV-a2z. All Rights Reserved.
  • About EV-a2z
  • Terms
  • Privacy
  • Cookie Policy
  • Contact
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Newsletter Tesla red
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Go to mobile version
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?