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Tesla CEO Elon Musk took to Twitter on Sunday to ask followers what they think about his Tesla Solar relaunch. "Lmk what you think," wrote the entrepreneur with a link to the new website.
Tesla Solar relaunched
Tesla Solar just relaunched. Lmk what you think … https://t.co/mDoPO17YB9— Elon Musk (@elonmusk) August 18, 2019
He followed the Tweet with some financial facts regarding the outcome of the new prices.
With the new lower Tesla pricing, it’s like having a money printer on your roof if you live a state with high electricity costs. Still better to buy, but the rental option makes the economics obvious.— Elon Musk (@elonmusk) August 18, 2019
Musk claimed that the solar installations could save users up to $500 a year.
One click to order solar & save ~$500/year in utility bills with no long-term contract (cancel anytime)— Elon Musk (@elonmusk) August 18, 2019
Tesla's new solar rental service can get you solar panels on your roof for as little as $50 per month without any long-term contract. Its a model SolarCity had pioneered but that Tesla had moved away from after acquiring the firm back in 2016.
It did so in the hopes of making the company more sustainable but what it eventually resulted in was the destruction of its growth.
Tesla’s new rent solar program
Now, Tesla’s new rent solar program will see Tesla come to your home and install a solar system for as little as $50 a month. There’s no long-term contract, you simply pay the monthly fee.
Tesla’s small system is rated at 3.8 kW and produces an average of 9-12 kWh per day but it also has bigger systems at 7.6 kW and 11.4 kW.
There is also the option to purchase such a system for $9,500 before incentive. The best part is that should a customer stop wanting the service, Tesla will simply de-energize the system and leave it on the roof.
If they want it removed from the roof they will have to pay Tesla $1,500. But with savings like these, we are guessing no one will want it removed.