Solar Roof Financing

Financing you may also finance your solar roof with a home equity line of credit second mortgage product or a personal loan.

Solar roof financing.

Solar roof is the only roof that can help pay for itself with the energy you produce. Power your home at the lowest price per watt of any national provider and take control of your monthly electricity bill. Financing is a big part of going solar and several sunshot initiative awardees are working to lower these costs. A solar lease is similar to a solar loan in the sense that both are forms of residential solar financing with zero down solar financing options.

Tesla estimates that a 10kw solar roof will cost a total of 33 950 including incentives. The solar roof tiles cost 2 85 per watt and the inactive shingles cost 5 60 per square foot. Tesla will coordinate the entire solar roof process including initial design removal of your current roof installation of your new solar roof permitting and ongoing support. Use the energysage solar marketplace to review multiple equipment installer and financing options.

Tesla ceo elon musk kicked. Many different institutions offer solar loans including local and national banks specialty financing companies manufacturers and credit unions. Incubator awardee sungage financial created a marketplace that provides homeowners with easy online access to low cost financing for solar equipment. Tesla has launched the third iteration of its solar roof tile for residential home use which it officially detailed in a blog post on friday and in a call with media.

To choose the best solar loan for you compare options from a few different financing providers. Tesla offers direct financing for well qualified buyers read. Because most people don t just have 43 000 lying around to pay for a new roof and solar system it s good that there are many options when it comes to financing the tesla roof tiles. But the similarity pretty much stops there.

The price of a solar roof backs out to be approximately 21 85 per square foot or roughly 10 less than the original solar roof cost estimate by consumer reports. With a solar lease you are renting your system from a third party owner. Pilot programs in the northeast have helped the company understand how to meet. The actual total cost of a tesla solar roof will depend on the size of your home and your monthly energy usage.