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Tesla has just launched its online commercial solar portal, which clearly presents the company’s range of solar panels and their prices with or without incentives, and with a subscription.
— Elon Musk (@elonmusk) September 14, 2019
The new, updated webpage accentuates the benefits of the subscription service. Subscriptions are available for as cheap as 9.9 cents per kilowatt-hour for the 240 kW solar panels, which is far cheaper than the $0.18/ kWh that Californians pay on average for their electricity.
For users who wish to make a purchase, the cheapest offer displayed is the 40kW solar panel arrays for $88,660. After estimated returns of 8-12% a year from incentives, the solar panels can work out at $62,062 a year.
Upon entering the website, you’re met with a popup which describes the terms of a commercial subscription solar agreement, which is as follows:
- Pay for what you generate every month
- Installation costs included
- No long term contract
- Your subscription can be cancelled anytime
- You can remove your system at any time for any reason. Tesla will charge you a nominal fee covering our costs to remove it, or you can find another qualified contractor to remove the system and return it to us.
- Support and warranty included
Here are features of the 40, 120 and 240 kW Tesla Commercial Solar Panel systems:
|kWh / month
|Suitable for estimated roof area of/ sq ft:
|Solar Coverage/ sq ft
|Estimated value of generation/ $
|10,660 – 12,300
|13,000 – 15,000
The new portal is sure to increase public awareness of Tesla’s affordable offers for their Solar Panels. With the advantages of each service displayed clearly, it will now be easier for customers to make an informed decision as to which deal is best suited to them. With the more affordable rental prices compared against the purchase prices, the subscription service instantly gains appeal. The quick checkout process facilitated by Apple Pay also leaves little time for second thoughts; though if you do reconsider, the service is fully refundable.
Check out Tesla’s new solar portal here.