Tesla’s Solar Roof Pricing - Estimate your home
Tesla’s Solar Roof Pricing Is Cheap Enough to Catch Fire - The cost of Elon Musk’s remarkable new product is judged “better than everyone expected.”
Excerpt:
Tesla Inc. has begun taking $1,000 deposits for its remarkable solar roof tiles—to be delivered this summer at a price point that could expand the U.S. solar market. Tesla will begin with production of two of the four styles it unveiled in October: a smooth glass and a textured glass tile. 1 Roofing a 2,000 square-foot home in New York state—with 40 percent coverage of active solar tiles and battery backup for night-time use—would cost about $50,000 after federal tax credits and generate $64,000 in energy over 30 years, according to Tesla’s website calculator. That’s more expensive upfront than a typical roof, but less expensive than a typical roof with traditional solar and back-up batteries. The warranty is for the lifetime of your home. “The pricing is better than I expected, better than everyone expected,” said Hugh Bromley, a solar analyst at Bloomberg New Energy Finance who had been skeptical about the potential market impact of the new product. Tesla’s cost for active solar tiles is about $42 per square foot, “significantly below” BNEF’s prior estimate of $68 per square foot, Bromley said. Inactive tiles will cost $11 per square foot.Comment: The estimator. If I needed a roof ...
OK, when I calculate the opportunity cost including about 4% mortgage interest (we'll assume we can do this instead of higher interest debt), what I find is that after we account for this, we only get $8000 out of our $50000 back.
ReplyDeleteAnd that only if it lasts 30 years as advertised, which is a dubious proposition at best. Sorry, I've done too much work in electronics reliability to take these estimates at face value.
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ReplyDeleteSolar Albuquerque