Tesla Eyes UK Power Market in Latest Elon Musk Energy Venture
Elon Musk is gearing up for his next big move in Britain, this time, not on the roads, but in people’s homes.
Tesla has officially applied to Ofgem for a licence to supply electricity to UK households. The filing, signed by Andrew Payne, head of Tesla’s European energy operations, landed with the regulator late last month.
It’s a bold play aimed squarely at Britain’s energy heavyweights, Octopus, British Gas, and the rest.
This isn’t about gas. Just electricity. Pure and simple. If the application clears Ofgem’s approval process, which can take as long as nine months, Tesla Electric could flick the switch in spring 2026.
The move has been months in the making. Behind the scenes, Tesla has been quietly expanding its UK energy team, hinting at this very moment.
In America, Tesla Electric is already in the game. In Texas, it not only powers homes but also allows electric vehicle owners to sell unused power back to the grid, a process called vehicle-to-grid.
“Drivers don’t even need to own a Tesla product to be eligible and can use an app to manage the service remotely.”
It’s no secret Musk has had his eyes on the UK energy market for years. Tesla first registered as a generator with Ofgem back in 2020. Since then, it’s sold roughly 10,000 of its Powerwall home batteries in Britain.
These could form the backbone of its UK supply business, alongside a potential push into solar panel installations.
At launch, the new venture is expected to target Tesla owners, Powerwall users, and households with solar panels. Think innovative tech, cost-cutting tariffs, and clean energy systems. Expect features like vehicle-to-home, where your car’s battery can literally keep the lights on.
But the timing is curious. Tesla’s electric car sales in the UK have been slipping. In July, just 987 units were registered, down from 2,462 in the same month last year.
Analysts point to growing competition from brands like BYD and the drag of Musk’s controversial political stances in markets such as the UK and Germany.
Still, Musk is clearly betting that his brand’s next big spark won’t just be on four wheels. It’ll be in the wires.
