Elon Musk’s Tesla home-power kit coming to South Africa

Enel Green Power SpA, the renewable energy unit of Italy’s biggest utility, is rolling out a version of Tesla Motors Inc.’s home-power kit to provide a buffer for South African retail customers against rising electricity prices and outages.

The Money Show’s Bruce Whitfield interviewed Brian Hosking, General Manager for Enel Energy South Africa.

Scroll down for quotes from the audio below.

Fully installed, you’re looking at around R145 000.

Brian Hosking, General Manager for Enel Energy South Africa

It’ll take about eight years for it to pay for itself.

Brian Hosking, General Manager for Enel Energy South Africa

Going off the grid is highly overrated.

Brian Hosking, General Manager for Enel Energy South Africa

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