Tesla seeks approval to supply electricity in the UK
Ofgem may take up to nine months to decide on Tesla’s application.
Tesla has applied for a licence to supply electricity to homes and businesses across Britain, challenging the dominance of major energy firms. Ofgem could take up to nine months to decide, with operations potentially starting next year.
Known for electric vehicles, Tesla also runs solar and battery storage divisions, with more than 250,000 EVs and tens of thousands of home batteries already sold in the UK. The company’s experience in Texas, where it rewards customers for feeding surplus power to the grid, could inform its UK plans.
The move comes as Tesla’s European car sales decline sharply, with July registrations falling almost 60% in the UK and over 55% in Germany. Increased competition from Chinese manufacturer BYD has added to the pressure.
Tesla has faced public criticism linked to Elon Musk’s political positions, yet the energy push signals a strategic shift towards broader utility services in its key markets.
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