41–50 of 455 posts
Earlier quoted context omitted.
I'm 21, thus I have no idea what roofs normally cost. I assume they're very very heavily below ~80k? For a "regular" house, what would a roof cost? 4k? 10k? 500?
We just got an estimate for our house (~2400 sq ft single story home) and the estimates were from 10k - 13k.
Supply-and-demand takes a sharp turn when supply is actually limited and can/does run out. At that point, having pre-paid for your own uninterrupted off-grid supply is worth a whole lot more.
Yikes. I just signed a contract for a new roof here last month, it's going to cost about $12k. Just did the estimate for the Tesla Solar roof... $80,300, so $87k if I want the battery too. I can barely afford the $12 right now, the $80 is just so far over it's not even close, even with how much I save over the years in electricity. That being said, I love these things, so hoping it gets cheaper in the coming years.
You got a $12K quote for tile? How long is the warranty? Remember that the 80K quote includes solar, so you'd have to add a standard solar install of the same KW capacity to your initial quote to really compare apples to apples. You'll probably still pay a premium to go with Tesla, but the no-profile solar integration and lifetime warranty really look attractive. Some people are probably willing to pay for it, simila…
Yikes. I just signed a contract for a new roof here last month, it's going to cost about $12k. Just did the estimate for the Tesla Solar roof... $80,300, so $87k if I want the battery too. I can barely afford the $12 right now, the $80 is just so far over it's not even close, even with how much I save over the years in electricity. That being said, I love these things, so hoping it gets cheaper in the coming years.
I don't really see the selling point, or value here. Tesla's calculator estimates $40,500 for a roof that generates half our power needs, and should provide $20,400 worth of energy over 30-years. Add in a PowerWall and federal tax credit, and I'm still losing $15,400 over 30-years. If I put that same $40,000 in an index fund that got the stock market's historical 7% average, and waited 30 years, I'd have $308,000. To…
Are you doing the math all in present dollars? Because the return is 7% after inflation but >10% before. So you'd have >500.000 in 2047 dollars. In this case it's important to do that adjustment because you're doing an investment upfront for payoffs over 30 years so the value of money adjustment is extremely important. It should only make your case stronger though if you haven't done that yet.
Why they expect people to make electricity at their homes? You can buy a little piece of land in a dessert, put solar panels there and distribute the electricity to other places. And you don't have to climb on any roof during the installation or the maintenance.
It is not profitable today in a free market to bake your own bread or to plant your own vegetables. Because if it is done in a large scale by professionals, it can be made much cheaper while keeping the good quality. So I don't understand, how the home-made electricity could economically compete with the professional energy farms of the future.
Earlier quoted context omitted.
You got a $12K quote for tile? How long is the warranty? Remember that the 80K quote includes solar, so you'd have to add a standard solar install of the same KW capacity to your initial quote to really compare apples to apples. You'll probably still pay a premium to go with Tesla, but the no-profile solar integration and lifetime warranty really look attractive. Some people are probably willing to pay for it, simila…
Considering how long Tesla has been in existence and how financially leveraged Tesla is I would take discount warranty value (lifetime of house or infinity whatever comes first). Can't project finances much more than 10 years max. At the moment cost of capital is low but that may well change in that time-frame. Things have to make sense in a decade or so also considering that this new technology that is obsoleted by…
1 power wall battery pack $7,000
1 Solar Roof $80,000
Subtract
$15,000 in Federal tax credits for both cars
$5,000 in California tax credits for both cars
30% of 80,000 = $24,000 Solar Investment tax credit
$237,000 - $44,000
Grand Total $193,000
Calculate savings
$240 per month in gas
$100-$300 per month in electricity
$1000 - $2000 earned by the cars while not used by owner (10 years into the future)
$1340 to $2540 per month
$193,000/1340 = 144 months = 12 years to recover costs
$193,000/2540 = 76 months = 6.33 years to recover costs
Take away the income from the cars
$193,000/540 = 357 months = 30 years to recover costs
If PGE gives you money for putting excess electricity into the grid then you can recover costs faster.
Tesla acquired SolarCity in November in a deal worth $2.1 billion. At the event, Musk said Tesla's roof would price competitively with normal roofs and could even cost less. "It's looking quite promising that a solar roof will actually cost less than a normal roof before you even take the value of electricity into account," Musk said at the event. "So the basic proposition would be: Would you like a roof that looks b…
I have always been a huge fan of a quick transition to sustainable energy sources. There is just one little thing I don't understand. Why they expect people to make electricity at their homes? You can buy a little piece of land in a dessert, put solar panels there and distribute the electricity to other places. And you don't have to climb on any roof during the installation or the maintenance. It is not profitable to…
Yikes. I just signed a contract for a new roof here last month, it's going to cost about $12k. Just did the estimate for the Tesla Solar roof... $80,300, so $87k if I want the battery too. I can barely afford the $12 right now, the $80 is just so far over it's not even close, even with how much I save over the years in electricity. That being said, I love these things, so hoping it gets cheaper in the coming years.
Where I live $80k is a significant portion of the cost of most houses. The price will be a significant barrier to entry for houses outside of hot real estate markets.
I wonder on what price home would a $80k roof make sense? >$800k?