The price for Tesla’s solar roof has unexpectedly raised on existing orders.
TMC member nicholb posted that his installation cost jumped by about $20,000. And, TMC member Shinta saw his cost increase by $30,000.
“I’ve had a solar roof reservation since March 2020 (in MN),” nicholb wrote. “My purchase agreement was signed in April 2020. Today I got the note below which shows a new agreement which is just about $20k more than the original. No change in the proposed design.”
TMC member marcor’s price increased by $25,000. And, that was enough for him to “pull the plug” on the project. “Needless to say, while I can probably afford what they are asking, out of principal this is unacceptable,” he wrote.
In addition to vehicles, Tesla has a large energy business, which consists of solar products and battery storage. The solar roof product uses solar shingles to generate electricity for a home.
The company reported that during the fourth quarter of 2020, it installed 86 mega-watts of solar energy, a 59 percent increase year over year. Tesla said it installed 205 MW of solar energy, an increase of 18 percent over the previous year.
Tesla has a history of price fluctuation. For instance, earlier this month the Model 3 sedan received its fourth pricing change. That said, a $30,000 increase on a solar installation is certainly an unwelcome surprise to customers who have an agreement in place.