NewEnergyNews: The Tesla Solar Roof Value Calculation

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    Thursday, May 18, 2017

    The Tesla Solar Roof Value Calculation

    Tesla Solar Roof versus Solar Panels: A Detailed Price Comparison

    May 17, 2017 (PowerScout)

    “Tesla recently announced that they have started accepting reservations for their eagerly anticipated solar roof…To understand the cost differential between a Tesla Solar Roof and traditional solar panels, we ran the numbers on a typical three-bedroom single family home in California with an estimated 2,000 sq.ft of roof space and an average monthly electric bill of $150…It is not surprising that Tesla has priced their product at a premium compared to other alternatives. It is a similar strategy to how they have priced their cars…

    If the existing roof is relatively new or you don’t need a new roof for many years, it is significantly cheaper (by 68%) to install solar panels on your existing roof than purchasing a Tesla Solar Roof…For homeowners, that have a really old roof with limited lifetime left, a Tesla Solar Roof could be a real option. Getting a traditional roof with solar panels is still cheaper by about35%. With the Tesla Solar Roof offering additional benefits such as better aesthetics, higher strength, longer roof warranties and the added convenience of dealing with only one company for roofing and solar, each homeowner can evaluate if the benefits are worth the additional price…” click here for more

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