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Powerwall

Powerwall lease vs owning your battery

Updated · By Jeremy Williams

Tesla lists its Texas two-Powerwall lease at $122/month in year one with a 3% yearly escalator. Tesla Electric Backup plan customers may get an $87 monthly credit (about $35 + tax in year one). It’s for battery-only homes — no solar panels — and requires Tesla Electric. Owning lets you pair the battery with solar and keep it for good.

A home with glowing solar panels and a golden key — owning your solar system

The lease, in plain terms

  • Two Powerwalls, battery-only (no solar or Solar Roof).
  • $122/month to start, rising 3% each year.
  • The $87 credit depends on staying on Tesla Electric’s Backup plan in a Texas retail-choice area.

Source: Tesla — Powerwall Lease With Tesla Electric (checked Nov 2026).

Why owning wins

  • Add solar: owned batteries pair with panels, so they recharge themselves and cut your bill daily.
  • No escalator: a fixed-rate loan payment doesn’t rise.
  • Any electricity plan: you’re not tied to one provider.
  • It’s yours: the battery adds value to your home.

See if your home qualifies →

Frequently asked questions

How much is the Tesla Powerwall lease in Texas?

Tesla lists $122/month in year one with a 3% yearly escalator; Backup plan customers may get an $87 monthly credit, about $35 + tax in year one.

Can I get the Powerwall lease with solar panels?

No — Tesla’s Texas lease offer is for two-Powerwall systems without solar panels or Solar Roof.

Is it better to lease or buy a Powerwall?

Owning is usually better: you can pair it with solar, avoid escalators, choose any electricity plan and keep the battery’s value.

JW
Jeremy Williams

Co-founder · Solar & Battery Consultant · DFW Solar and Battery. Reviewed for 2026 Texas rules and incentives.