Dive Brief:

• Goldman Sachs and Morgan Stanley analysts see Tesla Motors becoming a major player in grid storage.
• Goldman expects solar costs to fall by about 3% a year and for Tesla's planned “gigafactory” to slash battery prices. “Our analysis suggests the implications for residential and commercial storage applications could be far reaching in terms of how customers interact with the grid,” Goldman said.
• With falling solar and storage prices coupled with rising retail electric prices, Goldman estimates that grid parity could come to all states by 2033, and sooner in states like Hawaii, New York and California.

Dive Insight:

Goldman and Morgan Stanley are focused on Tesla's possible stock value, but their insights tell us a lot about where the U.S. may be heading in terms of how we get our power. A recent report by Rocky Mountain Institute focused on the solar-storage connection and how customers may start leaving their utility in droves.