Tesla starts taking orders for premium solar roofs

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Furthermore, combined with tax credits, the energy generated from the solar roof would save $64,000 over 30 years.

While the initial amount consumers could save by switching to a solar roof was unclear, Musk said customers who purchased a roof would save "considerable" amounts of money over a traditional roof.

According to the chief Executive officer of Tesla and SolarCity Elon musk, on the whole consisting of such panels the roof will be cheaper than the installation of conventional tile roofing, although more expensive than bitumen. Bloomberg estimates that outfitting a 2,000 square foot house in NY with Tesla's solar roof would cost about $50,000.

A federal tax credit drops that amount by almost $14,000, but Tesla's Powerwall battery adds a $7,000 expense.

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These solar roof tiles are not like the standard roof that one has at his house, but rather they are way different.

Tesla unveiled its solar shingles in October 2016 at a press event. As for the final price, Tesla Solar has created a cost calculator (powered by Google's Project Sunroof) that will give you a ballpark estimate specific to your needs. "So the basic proposition would be, 'Would you like a roof that looks better than a normal roof, lasts twice as long, costs less, and by the way generates electricity?' It's like, why would you get anything else?" Late past year, Tesla acquired SolarCity, with about 85 percent of shareholders voting to go through with the deal that made them the undisputed kings of sun-to-vehicle energy. The cost can be rolled into the homeowner's mortgage payments and paid for over time, the company said. It looks like the company is looking to hire over 50 roofers. Production will start "very slowly", Musk told reporters on a conference call, adding he expects robust demand.

"It will be very hard and it will take a long time, and there will be some stumbles along the way". These newfangled MIT-designed panels reflect back an image of the roof below while still letting light through to the photovoltaic cells within.

One tile of the tile with a solar battery is $ 42. Tesla said it will be installing equipment in the Buffalo factory over the next few months.

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