This article is your complete guide to answering how much Tesla solar panels cost. Tesla solar panels can cost you up to $50k depending on what system you buy for your home. Many factors play into the cost of your Tesla solar panels that we are going to cover in this article.
But if you want to learn more about Tesla solar panels, keep reading.
Here at The Energy Professor, we want to give you the information you need to not only save money on your energy bill but to also become more energy efficient. We hope find this post helpful! And makes it easier for you to know more about solar panels. Be sure to check out our solar tool below to calculate how much you could save at your address by switching to solar panels.
The Energy Professor Solar Panel Tool
What Does a Tesla Solar Panel Cost?
Tesla solar panels range in price from $9,600 to $48,352, before incentives, depending on the system size that is best for your home. The price of Tesla’s Solar Roof varies by about $10,000 to $20,000 based on your roof’s complexity and size. A big appeal to many consumers looking to switch to renewable energy is how it can lower their electricity bills. Tesla prides itself on the idea of customers being able to purchase solar panels at the lowest price of any national provider with Tesla’s price match guarantee.
Of course, the Tesla solar system cost will vary based on size. There are also two ways you can pay for the solar panels – cash or solar loan. If you choose to pay in cash, you will immediately own your system and pay the up-front cost of the system in full. By taking on a loan, you’ll still own your solar power system, but you can pay in monthly installments to the loan provider.
Another important piece to know is that solar incentives can significantly reduce your final costs. The federal residential solar energy credit is a tax credit that can be claimed on federal income taxes for a percentage of the cost of a solar PV system.
Tesla Solar Panel Costs:
- 6 kW system: Approximately $15,120.
- 6.4 kW system: Approximately $21,216.
- 10.4 kW system: Approximately $25,520.
- 12.8 kW system: Approximately $29,856.
- 16.4 kW system: Approximately $42,000.
Monthly Financing:
If you opt to finance the system, monthly payments can range from $70 to $160, depending on the system size and your financing terms.
Federal Tax Incentives:
Tesla solar systems are eligible for the federal solar tax credit, which offers up to 30% off the cost of the system. This incentive is available through 2034, but you should consult with a tax professional for specifics based on your location and financial situation.
Single Panel Costs:
A single Tesla solar panel is generally priced between $200 and $300. However, panels are sold as part of a complete system rather than individually.
Additional Benefits:
Tesla provides a performance warranty of 25 years, ensuring that the panels will generate energy at a specific capacity for a long period. The Tesla Solar Inverter and Powerwall, which can be added to your system, offer additional functionality such as energy storage and usage monitoring through the Tesla app.
Related Post: What is Solar Leasing?
Pros and Cons of Tesla Solar Panels:
So if the Tesla solar power cost is about average compared to other leaders in the solar industry, then why buy Tesla solar panels? Tesla Solar Panels have various pros and cons. When it comes to the cost of Tesla Solar, it is below the national average. Tesla makes the installation process of Solar Panels easy for the customer while also keeping the cost as low as possible with their price match guarantee. Customers also appreciate the sleek and modern design of Tesla Solar Panels especially on new homes.
Pros of Tesla Solar Panels
- Cost: Tesla Solar prices remain competitive, especially with available incentives like the 30% federal tax credit. Tesla continues to offer price matching if you provide a quote from another installer within 14 days.
- 25-Year Warranty: Tesla still offers a robust 25-year performance warranty on its solar panels.
- Powerwall Battery: The Tesla Powerwall remains a top-performing energy storage solution, with efficiency ratings between 97.5% and 98%, making it one of the best in the industry.
Cons of Tesla Solar Panels
- Availability: Tesla Solar is still not available in every state, limiting access for some homeowners.
- Limited System Options: Tesla continues to offer only four standardized system sizes, which might not be ideal for homes needing a more customized solution.
- Customer Service: Reaching Tesla’s customer service can still be challenging, especially during high-demand periods
Related Post: Is Solar Worth It?
How Does Tesla’s Solar Installation Process Work?
Tesla’s solar installation process is straightforward. After a remote assessment of your home’s energy needs, a custom solar panel system is designed for your home. Tesla then takes care of the necessary permits and arranges for the installation.
What is the cost of installing Tesla solar panels?
The cost of installing Tesla solar panels is included in the total price quoted by Tesla. This includes the cost of labor, permits, and any necessary electrical upgrades.
How much does it cost to remove Tesla solar panels?
The cost to remove Tesla solar panels can range from $1,500 to $2,000. This is typically necessary when replacing the roof or moving the panels to a new home.
In conclusion, while the cost of Tesla solar panels can be a significant investment, the potential savings on your energy bill and the positive impact on the environment make it a worthwhile consideration for many homeowners. Remember, the exact cost will depend on your specific circumstances, including the size of your home, your energy needs, and your location.
Related post: Will I Need Solar Panel Maintenance?
Tesla Solar Panel FAQ
Q: How Much Does Tesla Solar Panel Cost?
A: Tesla solar panels range in price from $9,600 to $48,352, before incentives, depending on the system size that is best for your home. The price of Tesla’s Solar Roof varies by about $10,000 to $20,000 based on your roof’s complexity and size.
Q: Why is Tesla Solar so cheap?
A: Tesla Solar is cheap because of its easy ordering process, price match guarantee, and solar incentives based on your state.
Q: How Effective are Tesla Solar Panels?
A: Tesla S Series solar panels have an efficiency of 19.3% to 19.8% which makes them on par with other solar panel companies. The Tesla Powerwall battery which is a backup energy storage for solar panels, is the industry’s best performance-wise as it operates between 97.5 to 98% efficiency.
Q: Do Tesla Solar Panels Include Installation?
A: Tesla sets an install date when a local team will put the panels on your roof. If you don’t want to have to take a loan or have a big upfront cost, you can also use Tesla’s solar subscription service starting at just $50 per month which includes installation.
Q: Does Tesla Manufacture its Solar Cells?
A: In short, Tesla manufactures all components of the solar panels themselves at Gigafactory in Buffalo New York. This manufacturing site produces solar panels and solar cells which created 5,000 clean energy jobs in the state over 10 years. Tesla made the city a hub for sustainable innovation and advanced manufacturing.
Do you Need Cheaper Electricity?
If you’ve taken the time to understand the information on your bill and discovered you’re paying more than you’d like for your electricity, have you looked around for a cheaper deal? The Energy Professor has a wealth of information on ways to save on your utilities, including details of top deals that could significantly reduce your monthly or quarterly electricity bills.
We hope you found this article helpful! If you are looking for ways to increase energy efficiency and sustainability in your home be sure to take a look at all of the latest renewable energy options in your area. The Energy Professor helps residential and small business owners find qualified energy suppliers in New York, New Jersey, Pennsylvania, Texas, Ohio, Maryland, Illinois, and Massachusetts