JohnSnowNW
Active Member
Cost for my roof is $103k. 20.8k net cost over 30 years!! Something better glitchy. No one in their right mind should sign up for that.
How much would a conventional roof cost you over 30 years?
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
Cost for my roof is $103k. 20.8k net cost over 30 years!! Something better glitchy. No one in their right mind should sign up for that.
If that's with labor then that's actually not a horrible price for the plain tiles. I imagine the cost of the solar tiles might come down a bit as they scale up production over the next couple of years.I'm getting a cost of $11 per sq ft of plain tiles
You can't. There is no way of knowing the electric rate value they are using. Maybe someone at Solar City will tell kW rating of tiles.Where can I find the kW capacity of the Solar Roof calculated from my inputs?
$88,600 Value of energy
-$53,000 Cost of roof
-$12,500 Cost of 2 Powerwall batteries
+$17,300 Tax credit
1,791 Roof square footage
$200 Monthly electric bill
2 Powerwall batteries
$40,400 Net earned over 30 years
... so I can compare the Solar Roof to the 6.3kW (19 x 330W Panasonic panels) and 6.1kW (19 x 320W LG panels) conventional solar system estimates I received.
I'm getting a cost of $11 per sq ft of plain tiles, $31/sq ft of solar.
You can't. There is no way of knowing the electric rate value they are using.
Here comes the buzz kill.
I wonder if Tesla has obtained a private letter ruling from the IRS regarding the amount eligible for the solar energy credit. Tesla's promotional example assumes the 30% income tax credit applies to the entire cost of the roof. I am not convinced that this was Congress' intent when they passed the legislation last decade. Clearly, Congress did not contemplate the fact that perhaps one day some clever entrepreneur would design roof tiles with photo-voltaic cells therein.
Code Section 25D defines "qualified solar electric property" thus:
(2) Qualified solar electric property expenditure
The term “qualified solar electric property expenditure” means an expenditure for property which uses solar energy to generate electricity for use in a dwelling unit located in the United States and used as a residence by the taxpayer.
The section goes on to state
(2) Solar panels
No expenditure relating to a solar panel or other property installed as a roof (or portion thereof) shall fail to be treated as property described in paragraph (1) or (2) of subsection (d) solely because it constitutes a structural component of the structure on which it is installed.
It is this part of Section 25D that is really ambiguous. It is unclear whether solar tiles are considered a "solar panel" or "other property installed as a roof." It is more unclear whether the plywood base, felt, flashings, non-solar tiles and other ordinary roof materials would be considered "other property." Personally, I would read the "other property installed as a roof" narrowly; just those costs associated with securing the tiles to the roof safely. But then, I am not a contractor or electrical engineer.
It would seem prudent business sense to me for Tesla to pony up the $5,000-$10,000 to request a private letter ruling as to how much of the cost of a solar roof would be eligible for the credit. While private letter rulings only apply to the taxpayer who requests them, they do provide guidance for the rest of us peasants as to how the IRS thinks about the situation.
Methinks the marketing department at Tesla did not consult with their income tax advisors.
Nothing. The most expensive conventional solar quote I got was $53,500 for a 10.4kW system. Payback period would be 16 years (not counting any tax incentives). I'm definitely not the target market for solar roof V1.How much would a conventional roof cost you over 30 years?
Reserved also to see how this goes. I was expecting a lot lower price when they were saying the cost without the power generation benefit would be comparable to a replacement roof. Well, I can get a replacement shingle room from between $5K-$10K for my 2500 square foot-two story house. So, that's nowhere close. For a great looking roof, power generation, and Powerwalls, it may be a good deal.
But not exactly as rumored. The room itself is estimated at $60K (70%, but why not 70% coverage if you have it...). (No credits, that ends up with $300 over 30 years, lol.)
How much would a conventional roof cost you over 30 years?
Yes, I know... but it was stated all along that the roof would be cheaper than 'a replacement roof' (never saying if any of the tiles were 'excluded' because asphalt shingles are too cheap); and, recently it was stated it would be cheaper even without the power savings. All of which is a bit too much of a stretch.You can't really compare this to shingles, which are meant to be cheap. This is more in line with luxury roofs, which cost considerably more. I went with shingles myself since I didn't want to spend more than around 7k for my new roof because I didn't really care about the appearance, but people who don't mind spending money on upgraded roof options can spend three or four times as much as I did, depending on the material. But even taking that into account, the solar roof looks pretty expensive and, as Elon said during the reveal, it's only the gain from electricity generation that brings the cost down to below what an equivalent luxury roof would cost, and even then it would be more cost effective to buy a separate solar system, at the sacrifice of aesthetics.
These look to be marketed to people who hate the look of solar panels on their nice roofs and are willing to pay a premium to get solar and not have panels on top. They won't be even close to cost effective for anyone who doesn't mind solar panels on their roof.
Haha no... I believe you are wrong..." as the others have cracked over much longer lengths than the Solar Roof Tile can"
This is the precise reason the others failed the way they did. They where unsupported along the entire length. The Tesla cell set sideways is supported at least 40 percent better, which didn't allow it to flex and fail. I know why they didn't show the cell arranged the same as the others....it would of failed.
Come you structural analysis engineers out there, lets here what you think.
Jeff
They are supported the same - the rails are the same distance apart, all other supports are irrelevantThey where unsupported along the entire length.
Roofs in our area need to be replaced every 7 years due to weather. If I factor in the cost of 4 standard roof installs that hopefully the Tesla roof would avoid over a 30 year period, the cost comes down quite a bit.
My house in Texas came to $200,000 before rebates. That is with 4 PW and no net metering. My house is currently valued at $445k and I am not wealthy so there is no logical way to justify a roof that costs 50% of the house cost. The prices need to drop significantly if the Tesla tile roof is going to be successful IMO.