Hey All,
So when I first got into contract with my installer they had told me that there were Powerwalls available in their warehouse to be installed.
Since I was under the impression I could get them installed sooner, I signed.
However, as many here know, their installed price was much higher than Tesla. Even now, after the price increases on Tesla's side it's more expensive.
2 Powerwalls:
$19,500 vs $15,500 (worst case from Tesla's calculator)
A difference of $4k
Now, I'm in confirmed SGIP step 2 with my current installed and that rebate is $9,280.
If I cancel and go with Tesla I might be lucky to get in step 4 or 5 to which the math breaks down as such:
Current (step 2 rebate) $9,280
Total cost after rebate = $19,500 - $9,280 = $10,220
Tesla (step 4 rebate) $6,960
Total cost after rebate = $15,500 - $6,960 = $8,540 (Savings of $1,680)
Tesla (step 5 rebate) $5,800
Total cost after rebate = $15,500 - $5,800 = $9,700 (Savings of $520)
Alternatively I could apply to be a developer myself and potentially get into SCE step 3, but that seems like a fair amount of work and it's dicey on whether it'll pan out or not.
So what would TMC do?
Cancel the order or keep going forward?
So when I first got into contract with my installer they had told me that there were Powerwalls available in their warehouse to be installed.
Since I was under the impression I could get them installed sooner, I signed.
However, as many here know, their installed price was much higher than Tesla. Even now, after the price increases on Tesla's side it's more expensive.
2 Powerwalls:
$19,500 vs $15,500 (worst case from Tesla's calculator)
A difference of $4k
Now, I'm in confirmed SGIP step 2 with my current installed and that rebate is $9,280.
If I cancel and go with Tesla I might be lucky to get in step 4 or 5 to which the math breaks down as such:
Current (step 2 rebate) $9,280
Total cost after rebate = $19,500 - $9,280 = $10,220
Tesla (step 4 rebate) $6,960
Total cost after rebate = $15,500 - $6,960 = $8,540 (Savings of $1,680)
Tesla (step 5 rebate) $5,800
Total cost after rebate = $15,500 - $5,800 = $9,700 (Savings of $520)
Alternatively I could apply to be a developer myself and potentially get into SCE step 3, but that seems like a fair amount of work and it's dicey on whether it'll pan out or not.
So what would TMC do?
Cancel the order or keep going forward?