Tesla Solar Panels Price Cut
- Thread starter woodburyowner
- Start date
NEW -> Contingent Buyer Assistance Program
I submitted original plan provided by Tesla and my HOA requested "Provide a roof diagram with the measurements of the edge of the roof and solar panels " After Tesla updated the plan with this info, I received an approval. Approval guidelines just depends on your HOA and management company.
It's a no brainer decision to subscribe if your break even point is 8-9 years. Look what just happened to the pricing and efficiency gains on the panels. People who bought panels before this happened just lost 20-30%. The increased tax savings of 4% doesn't negate this benefit.
In a sense they are. They are giving new customers the newer panels at the same rental fee. The real question is whether they will upgrade the panels for people who have the previous generation panels. I called twice today and could not get through to a CSR. Guess they are getting slammed.
I don't think it was ever $1.65/kwh after 30% fed credit last year. It was $1.95/kwh according to my math... 3.78 kwh for $10,500, minus 30%.
It's Juneteenth. A Tesla "holiday":https://www.cnn.com/2020/06/19/tech/tesla-juneteenth/index.html
There was quite a bit discussion last year and the best deal I saw members discuss was $2.60 pre credit or $1.82 post rebate. And that was for a larger system. I called 5 different companies and could not get it down to $2.60 due to my smaller size.
potsticker
Active member
Pulled the trigger on the Tesla small subscription. Currently preparing paperwork for the HOA approval, which Tesla does not pay for.
Has anyone had to submit their Tesla plans to the HOA? Their plan documents (3 pages total) don't look very detailed in terms of measurements and equipment size/colors that the HOA demands.
It also makes me wonder how many homeowners actually obtained HOA approval prior to their solar install. Seems pointless as the HOA doesn't insure my roof nor can they prevent the install based on the most recent state laws.
Has anyone had to submit their Tesla plans to the HOA? Their plan documents (3 pages total) don't look very detailed in terms of measurements and equipment size/colors that the HOA demands.
It also makes me wonder how many homeowners actually obtained HOA approval prior to their solar install. Seems pointless as the HOA doesn't insure my roof nor can they prevent the install based on the most recent state laws.
woodburyowner
Well-known member
best_potsticker_in_town said:
I submitted original plan provided by Tesla and my HOA requested "Provide a roof diagram with the measurements of the edge of the roof and solar panels " After Tesla updated the plan with this info, I received an approval. Approval guidelines just depends on your HOA and management company.
woodburyowner
Well-known member
Looks like they changed the size of their panels are well. Sizes used to be in increments of 3.78/kw per. Wonder what type of panels they are using now. What a crazy deal.
For reference, these were the previous prices. The new panels are 340W, the old panels are 315W. Little gain at the lowest option, but very nice cost/benefit at 2nd level and higher.
System size Cost before incentives
3.78 kW $10,500
7.56 kW $19,500
11.34 kW $29,000
15.12 kW $37,500
System size Cost before incentives
3.78 kW $10,500
7.56 kW $19,500
11.34 kW $29,000
15.12 kW $37,500
woodburyowner
Well-known member
The new pricing structure is an absolute game changer. Not sure how the mom and pop installers can compete with such a drastic price drop by a major provider. Their only hope is that there is demand for system sizes in between the Tesla ones.
That's the dilemma/conundrum I'm facing. Tesla's lowest option will probably cover 90% of my current use, but my use will probably rise in the future (EV and growing kid). But probably not twice as much that I need 8kW solar system. I don't think my roof even has enough optimal space for the larger system anyway.
potsticker
Active member
I subscribed to the "small" system a couple weeks ago and at the time, it was a 3.78 kW system. It's currently in the permitting process and I just sent Tesla an email saying (in a nice way) that they better update me to the 4.08 kW system when they install.
I keep going back/forth whether I want to subscribe vs. buy. But...the break even being at about year 8-9 for me doesn't make sense to buy. I'll probably be selling this place right around that time.
I keep going back/forth whether I want to subscribe vs. buy. But...the break even being at about year 8-9 for me doesn't make sense to buy. I'll probably be selling this place right around that time.
woodburyowner
Well-known member
best_potsticker_in_town said:
It's a no brainer decision to subscribe if your break even point is 8-9 years. Look what just happened to the pricing and efficiency gains on the panels. People who bought panels before this happened just lost 20-30%. The increased tax savings of 4% doesn't negate this benefit.
irvinehomeowner
Well-known member
Will Tesla lower rates on the subscriptions?
marmott
Active member
The new panels look to be 340W compare to 315W before.
https://electrek.co/2020/06/19/tesla-releases-new-solar-panel-slashes-prices/
https://electrek.co/2020/06/19/tesla-releases-new-solar-panel-slashes-prices/
woodburyowner
Well-known member
irvinehomeowner said:
In a sense they are. They are giving new customers the newer panels at the same rental fee. The real question is whether they will upgrade the panels for people who have the previous generation panels. I called twice today and could not get through to a CSR. Guess they are getting slammed.
woodburyowner
Well-known member
zubs said:
I don't think it was ever $1.65/kwh after 30% fed credit last year. It was $1.95/kwh according to my math... 3.78 kwh for $10,500, minus 30%.
potsticker
Active member
woodburyowner said:
It's Juneteenth. A Tesla "holiday":https://www.cnn.com/2020/06/19/tech/tesla-juneteenth/index.html
zubs
Well-known member
The $1.65 is for local solar installers last year. Back then, Tesla and Sunrun could not compete vs. all the smaller solar companies. But now Tesla is going into a price war with its smaller competitors which is good for consumers.
I wonder if Tesla is still using solaredge microinverter for this deal.
I wonder if Tesla is still using solaredge microinverter for this deal.
woodburyowner
Well-known member
zubs said:
There was quite a bit discussion last year and the best deal I saw members discuss was $2.60 pre credit or $1.82 post rebate. And that was for a larger system. I called 5 different companies and could not get it down to $2.60 due to my smaller size.