How much do Tesla Solar Panels Cost?

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Last Updated on April 11, 2024 by admin

All you need to Know About Tesla Solar Panels

Tesla Cover

Tesla is the most ubiquitous name in electric vehicles. But did you know the company also offers solar panels, a unique Tesla Solar Roof system and energy storage systems for homes? The systems aren’t as famous as their cars, but the company has installed tens of thousands of home solar energy systems across the US.

Here we’ll discuss Tesla’s solar offerings and touch on things like:

  • Are Tesla solar panels different from other solar panels?

  • How much do Tesla solar panels cost?

  • What are the pros and cons of going solar with Tesla?

  • In what ways are Tesla solar roofs and solar panels different?

Tesla solar panels: what are they and how do they work?

Tesla solar panels are similar to photovoltaic panels from other companies, transform sunlight into electricity. They’re known for being about 19.3% to 20.6% efficient, slightly lower than some other leading brands. Tesla’s solar panels are all black and are mounted with Tesla’s mounting system giving them a sleek look on most rooftops. 

They connected to a Tesla solar inverter, converting panels’ direct current (DC) output to alternating current (AC). They are designed to link with Powerwall, Tesla’s battery storage system, which stores excess solar energy generated by the panels for use when needed.

How much do Tesla solar panels cost?

Tesla solar panel costs vary based on system size, location, roof type, and available incentives. Tesla doesn’t publish an average price of its solar panels, and prices vary significantly across different states due to different incentives. Report indicate that Tesla’s solar systems cost around $3.90 per watt in 2024, making a 9.6 kW system cost around $26,208 after the 30% Federal Investment Tax Credit. However, it’s also reported that Tesla offers price matching if a customer can find a lower-priced solar installation estimate in the area.

Tesla Solar panel cost

What is the Tesla Solar Roof?

Tesla offers its unique Tesla Solar Roof, consisting of photovoltaic roof tiles that look almost indistinguishable from normal roof tiles. According to reports, Tesla’s solar roof tiles have an efficiency of about 19.4%.

However, the aesthetic of going solar with Tesla Solar Roof tiles comes at a high price. It can range between  $45,000 to $90,000, according to EcoWatch. For some customers, the extra price is worth it. It is important to note that a part of the expense of a Tesla Solar Roof is because it is replacing the existing roofing material on a home, not just being installed over it. For those in need of a new roof at the same time as they’re going solar it becomes a more attractive option.

Tesla solar roof

What are the pros and cons of going solar with Tesla?

Pros:
  • With price matching, Tesla solar panels offer a cost-effective solution with their low upfront cost and relatively average efficiency rating.

  • They also enhance the value and appeal of your home—particularly the Tesla Solar Roof. Their sleek and durable design blends with your roof, making your property more attractive. Also, studies show that homes equipped with solar panels sell faster and at a higher price than those without. The Tesla Solar Roof could perhaps add even more value for its aesthetic qualities.

  • Tesla solar panels can provide you with protection against rising electricity rates. If you install a Powerwall or other home battery backup system with your solar installation, you can store and utilize excess solar energy. It can even ensure that you have backup power during blackouts or grid shut-offs.

  • Tesla’s inverters and Powerwall energy storage systems are known for being some of the most efficient available.

Cons:

  • The Tesla Solar Roof is much more expensive than other options and the Tesla Solar Roof is only available in certain markets and states.

  • Tesla installs or has its own contractors install the systems and they aren’t generally sold to or installed by third parties. Some have also complained about the lack of service offered post-installations.

  • Tesla’s solar panels and roof tiles aren’t as efficient as some other options. So, if you have limited roof space, you’ll want the most efficient solar panels available.

Conclusion:

Tesla’s solar systems offer a compelling set of solar panels or roof tiles to power your home. However, they’re not the most efficient ones available and depending on your needs you may want to consider other options.

To learn more about solar power and the best options for your home, check out SolarSME’s options and services.

2 thoughts on “How much do Tesla Solar Panels Cost?”

  1. Pingback: How much does the Installation of Solar Panels Cost? - Solar SME | PopulArticles

  2. Pingback: How much does the Installation of Solar Panels Cost? - Solar SME | Phenomenal Articles

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