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Elon Musk, Bruce Flatt of Brookfield and Craig Robins of Dacra with SunHouse in Easton Park in Austin, Texas (Getty, Brookfield, Easton Park)
Elon Musk enters the hottest real estate market in the Lone Star State and promises to cool the climate.
Musk’s Tesla Energy is partnering with Brookfield Asset Management and Dacra to create SunHouse in Easton Park in Austin, Texas, the first Tesla solar neighborhood and the most sustainable residential community in the country, according to a Brookfield news release.
The goal of creating SunHouse is to create an energy neutral, sustainable community and model for planning and building sustainable large-scale housing projects around the world, the company said.
The new community being developed by Brookfield and Dacra will include solar power and battery installations in various housing types in SunHouse.
“Neighborhood solar systems in all types of homes will reshape people’s lives,” Musk said, according to the press release. “The feedback we receive from the solar and battery products used in this community will have an impact on how we develop new products and bring them to market.”
The solar roof tiles V3 and the Powerwall 2 battery storage system from Tesla are being developed and marketed separately. The tiles and units will be installed in phases in homes being developed in Brookfield’s Easton Park Master Plan Shared Apartment. Electric vehicle charging stations are being installed in every household and across the community.
Tesla Solar will oversee the management of the homes’ energy systems. Brookfield’s renewable energy business will incorporate a community-wide solar program to serve wider public needs and the surrounding neighborhoods, the company said.
Brookfield believes the solar-powered homes in Easton Park will produce enough energy and reduce the daily need for Texas’s electrical grid
The residents of SunHouse will be provided with backup storage in the event of a power failure and could potentially be compensated for feeding electricity back into the power grid, the developers said.
Contact Karn Dhingra
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