Tesla Solar Power Purchase Agreement

Tesla has several financing options for solar panels to meet your needs. The decision to subscribe or buy your system depends on your preferences as a homeowner and thinking about the length of your stay in your home. You can change your financial payment options until installation begins. The language contained in the contract, such as Z.B. Terms, guarantees and guarantees, is specific to your type of contract and cannot be changed. The subscription process begins by entering your address and monthly electricity bill into our Studio Design, available on Tesla`s website. This information allows us to provide you with a recommended size of the solar system based on your average monthly energy consumption and the size of sunlight you can receive at home, based on historical regional indices. You can also manually select another size of the solar panel system to compare your estimated monthly and 25-year savings. On that date, Powerwall cannot be added to the subscription contract, but you can purchase Powerwall separately. Value added for your solar subscription with a Powerwall that offers backup power and greater energy independence. To qualify for a solar subscription, you must own your home and list on the electricity bill with one of the following companies: Tesla offers solar panels for private and commercial use in limited areas.

Learn more about solar subscriptions for business customers. You can expand your system if you decide to want more solar panels after installation by signing up for an updated subscription contract. We currently do not offer any options to reduce the size of your subscription system. As with solar panel leasing plans (or more complicated “power purchase contracts”), tesla solar module tenants must pass on “all tax credits, incentives, rebates and certificates” to the company. In Arizona, for example, this means that Tesla will earn between $4,021 and $10,063 per installation in the combined federal and state tax incentives. Die Steuergutschrift des Bundes fàr Solarmodule deckt derzeit 30 Prozent der Gesamtkosten ab, obwohl dieser Anreiz aus dem 1. Januar 2020 einen mehrj-hrigen Ausstieg beginnt. But even without the federal tax credit, customers who have the money to directly purchase Tesla`s solar panel systems will ultimately spend less for the life of the panels. Depending on where they live and the system they buy, Tesla solar module tenants will spend more than the purchase price after about 12 to 18 years of paying the monthly subscription fee (if that doesn`t change). In each eligible state, with the exception of California, you have $50 per month for a “small” 3.8 kW solar panel system, which produces an average of 10 to 14 kWh of energy per day, $100 per month for an “average” 7.6kW system that produces 19 to 28 kWh, or $150 per month for a “big” 11.4kWW system , which emits between 29 and 41 kWh per day.

(That solar modules are worth the cost to you is pretty subjective; the average U.S. household consumed about 28 kWh of electricity per day in 2017, according to the Energy Information Administration.) SolarCity once proposed a leasing plan for solar modules, which made it cheaper for homeowners, with local solar homes. But this is one of the features that Tesla abandoned after the acquisition of the company, and overall, sales of solar panels continued to decline in the years that followed. The company also closed installation centers and terminated a contract with Home Depot in 2018 that helped develop the market and sell its solar modules. Tesla is struggling to expand its solar business after acquiring Solar City in 2016. In the first half of 2020, revenues from solar installations accounted for less than 5% of total sales. Tesla has introduced a new rental option for its solar modules in order to revive its weakening solar business.