Public Financing Of Solar Roofs
Factoring in energy savings from.
Public financing of solar roofs. The solar roof tiles cost 2 85 per watt and the inactive shingles cost 5 60 per square foot. The tesla website pegs the solar roof at 1 99 per watt w a number far below the national average cost of solar panels 2 99 w. The actual total cost of a tesla solar roof will depend on the size of your home and your monthly energy usage. Tesla ceo elon musk kicked.
Power your home at the lowest price per watt of any national provider and take control of your monthly electricity bill. Incubator awardee sungage financial created a marketplace that provides homeowners with easy online access to low cost financing for solar equipment. A solar lease is similar to a solar loan in the sense that both are forms of residential solar financing with zero down solar financing options. Pilot programs in the northeast have helped the company understand how to meet.
The price of a solar roof backs out to be approximately 21 85 per square foot or roughly 10 less than the original solar roof cost estimate by consumer reports. Tesla has launched the third iteration of its solar roof tile for residential home use which it officially detailed in a blog post on friday and in a call with media. With a solar lease you are renting your system from a third party owner. Solar roof is the only roof that can help pay for itself with the energy you produce.
The average size of a solar panel system size in the u s is 6 kilowatts equivalent to around 12 558 per roof after tax credits down 2 on the year according to energy sage a solar panel company. New price estimates for the solar roof come in at 33 950 a number that includes a new roof and all estimated solar incentives you would claim upon installation. Tesla estimates that a 10kw solar roof will cost a total of 33 950 including incentives. It will be interesting to see how prices end up.
Financing is a big part of going solar and several sunshot initiative awardees are working to lower these costs.