{"id":301308,"date":"2026-03-12T05:35:15","date_gmt":"2026-03-12T12:35:15","guid":{"rendered":"https:\/\/www.teslarati.com\/?p=301308"},"modified":"2026-03-12T05:35:16","modified_gmt":"2026-03-12T12:35:16","slug":"tesla-energy-ventures-uk-power-supply","status":"publish","type":"post","link":"https:\/\/www.teslarati.com\/tesla-energy-ventures-uk-power-supply\/","title":{"rendered":"Tesla Energy gains UK license to sell electricity to homes and businesses"},"content":{"rendered":"\n<p>Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.<\/p>\n\n\n\n<p>The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.<\/p>\n\n\n\n<p>According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.<\/p>\n\n\n\n<p>The approval allows Tesla\u2019s energy business to sell electricity directly to customers in the region, as noted in a <em><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-12\/tesla-s-energy-division-gets-uk-license-to-supply-electricity\" rel=\"noreferrer noopener\">Bloomberg News<\/a><\/em> report.<\/p>\n\n\n\n<p>Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.<\/p>\n\n\n\n<p>Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.<\/p>\n\n\n\n<p>Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.<\/p>\n\n\n\n<p>The new UK license arrives as Tesla continues expanding its global energy business.<\/p>\n\n\n\n<p>Last year, Tesla Energy <a target=\"_blank\" href=\"https:\/\/www.teslarati.com\/tesla-energy-tops-global-battery-storage-rankings-again\/\" rel=\"noreferrer noopener\">retained the top position<\/a> in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie\u2019s latest rankings, Tesla held about 15% of global market share in 2024.<\/p>\n\n\n\n<p>The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.<\/p>\n\n\n\n<p>At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.<\/p>\n","protected":false},"author":21274,"featured_media":253571,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[889,1,4490],"tags":[571,153,448],"class_list":["post-301308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tesla-energy","category-news","category-tesla","tag-featured","tag-tesla","tag-tesla-energy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tesla Energy gains UK license to sell electricity to homes and businesses<\/title>\n<meta name=\"description\" content=\"Tesla Energy has 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