Tesla Energy

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About Tesla Energy

Tesla Energy is a privately owned company. At the moment they supply electricity to residential and commercial customer accounts, with a total of 322,845 residential customer accounts and 14,428 commercial customer accounts recently reported to be subscribed. Tesla Energy averages 16.94 cents per kilowatt hour charged to their consumers for residential electricity, which is 14.19% higher than the nationwide average of 14.84 cents. The company sold 3,103,146 megawatt hours in 2021 via retail sales. The electricity sourced by the company is made up of 3,103,146 megawatt hours produced by electricity facilities they own. The revenue for Tesla Energy for 2021 from electricity sales was $464,272,600, with 100.00% coming from retail sales to end users.

Customers of the provider pay an average monthly residential electricity bill of $104.78. This is 20.52% less than the US average of $131.84. Solar facilities owned or operated by the company produce 29,730.5 megawatt hours, which is 100.00% of their total production amount. Electricity generation facilities owned by Tesla Energy produce a total of 29,730.5 megawatt hours, which is the 438th highest of all suppliers in the nation. They rank 1st out of the 3509 companies we track in the nation for their ratio of renewable versus non-renewable fuel sources used.

Tesla Energy Net Metering

Offering net metering to customers is a win-win situation for Tesla Energy and any people who get their electricity from the company. This is a positive for any consumer potentially installing private solar panels, as net metering allows them to sell their unused kilowatt hours into the grid.

Tesla Energy Rate & Electric Bills

Tesla Energy residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.257/kWh$0.115/kWh$136.40/mo.$70.89/mo.
2697th16.94¢Tesla Energy's Average residential price per kWh
1114th$104.78Average monthly electricity bill for Tesla Energy's residential customers

Tesla Energy Overview

  • Company Type:Investor Owned
  • Headquarters:3500 Deer Creek Road
    Palo Alto, California 94304
    United States of America
  • CEO:Elon Musk

Tesla Energy Contact

Tesla Energy Service

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    Quick Facts About Tesla Energy

    By megawatt hours produced, Tesla Energy is the 438th largest electricity company out of 3509 in the United States.

    Energy provider of the year for National, Major Provider Category
    Highest Ratio of Renewable Electricity
    National, Major Provider Category
    Claim Award
    Energy provider of the year for National, Major Provider Category
    Highest Ratio of Renewable Electricity
    National, Major Provider Category
    Claim Award
    Energy provider of the year for National, Major Provider Category
    Highest Ratio of Renewable Electricity
    National, Major Provider Category
    Claim Award

    Tesla Energy Energy Makeup

    Tesla Energy State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Arizona41,06262,146,0201313.76%
    California153,713243,014,6901647.96%
    Colorado13,91112,574,680372.58%
    Connecticut9,31011,958,850142.45%
    Delaware3,3284,702,650121.15%
    District of Columbia506256,30030.06%
    Florida970699,670600.09%
    Hawaii4,7437,523,68040.98%
    Illinois32,290880%
    Maine4158,46011

    Power Plants Owned by Tesla Energy

    PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
    Intel - Ocotillo Campus SolarTesla Energy (50.00%)Dom Solar Lessor I, LP (50.00%)
    Chandler AZ Solar 9,198
    Sacramento Regional County Sanitation PVTesla Energy (100.00%)
    Sacramento County CA Solar 7,609
    Time Warner Cable - KnowlesTesla Energy (100.00%)
    Steuben County NY Solar 2,909
    Pima Community College - East CampusTesla Energy (100.00%)
    Tucson AZ Solar 2,769
    Montgomery County Correctional FacilityTesla Energy (100.00%)
    Montgomery County MD Solar 2,389
    Oswego County - Fulton SolarTesla Energy (100.00%)
    Oswego County NY Solar 2,069
    CMEEC - Rogers Rd SolarTesla Energy (100.00%)
    Norwich CT Solar 1,798
    Fremont - Kato RdTesla Energy (100.00%)
    Fremont CA Solar 1,565
    Intel FolsomTesla Energy (50.00%)Banyan SolarCity Owner 2010 LLC (50.00%)
    Folsom CA Solar 1,419
    Tesla Reno GigaFactoryTesla Energy (100.00%)
    Storey County NV Solar 1,409

    Tesla Energy Fuel Makeup

    SOLAR
    Solar
    Solar
    Solar
    Solar
    Solar
    Solar
    Solar
    Solar
    Solar
    Solar
    100.00%

    Tesla Energy Reviews

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    Tesla Energy FAQ:

    What is the average bundled bill for Tesla Energy customers each month?

    Currently, the average monthly bundled electric bill for customers of Tesla Energy is $104.78. The national average is $131.84 for bundled service.

    Who is the CEO of Tesla Energy?

    Elon Musk is the current CEO of Tesla Energy.

    How many states does Tesla Energy provider electricity to?

    Tesla Energy offers service in 28 states.

    What percentage of Tesla Energy's electricity is produced from nonrenewable fuel types?

    Tesla Energy generates 0% of their electricity using nonrenewable fuels.

    What is the average BUNDLED electricity rate for Tesla Energy customers?

    Customers of Tesla Energy, on average, have an electricity BUNDLED rate 16.94 cents per kilowatt hour (¢/kWh).

    How many power plants are owned by or associated with Tesla Energy?

    There are 13 power plants owned by or associated with Tesla Energy.

    What percentage of Tesla Energy's electricity is produced from renewable fuel sources?

    Tesla Energy generates 100.00% of their electricity from renewable fuels.

    Matt Hope
    Last Reviewed By: Matt Hope
    Published: 2022-03-13