Word. Makes sense. Thanks for that additional Tidbit. I've started the solar process and there rebate associated with purchasing a new one through tesla as well.
One additional question. So do you physically have that powerall in your possession or does that get delivered to the person who takes the possession of it by Tesla?
Be aware of the tax implications for anyone that buys a referral powerwall. Tesla will send a 1099-MISC for the full powerwall + installation price (currently about $8600) to the recipient of the installation.
I.e. you are getting taxed on this bad boy as a "gift".
Yes. I am aware of it. My underlying assumption is that I would be taking care of this tax implication. The $6k price has this baked in. Effectively, I'll be making much less if I subtract my tax liability on this gift.
By other reports, that's not how it works. Tesla asks for the tax information of the person things are being signed over to. Please let us know if your adviser says differently, but right now that is what everyone has been reporting.
Is this the Powerwall 2? do you have any technical info to provide? I was told by my installer I needed the latest version (PW2) due to the capacity of our main breaker box.
How is $6K a deal for anyone eligible (so, assuming one will get, or already has, PVs) for FITC on a PW? Unless they really want a red one?
Buying this: $6K + 1099-MISC tax = ~$7K
Buying from Tesla: $7,600 + $2,500 installation - FITC = ~$7K
Is PW3 a thing?
I was assuming I would take the tax liability
Just read another member's post that Tesla is just deducting $1K from installation costs through the referral. Specifically, he was being charged $2K (instead of normal cost of $3K) for installation. I haven't contacted Tesla myself about this specifically, so don't know whether that's true.