alt Hacker News> The economics never worked either. An average Tesla Solar Roof costs approximately $106,000 before incentives, compared to roughly $60,000 for a traditional roof replacement plus conventional solar panels — a $46,000 premium. The payback period stretches to 15-25 years, compared to 7-12 years for traditional panels.
Yikes that’s a lot of money. For most people buying solar, I think payback period is probably the biggest consideration.
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In my opinion, the Tesla Solar Roof really appealed to people who wanted good looks. They probably already have their “forever” homes and are not thinking of moving at all. It is more about the emotional attachment to this part of your home than its functional aspects. You can buy a $100 dining table from IKEA or you can buy a $1,000 dining table from Pottery Barn or you can buy a custom $5,000 dining table made from a solid piece of wood. It's the same functionality but emotionally very different.
> $106,000 before incentives,
What's the capacity though. Either way this seems extremely high unless we are talking in terms of like 100kw or something. For reference, I recently installed hybrid/net-metered system set up at my home in India; 7kw solar with a 20kWh battery for around $10K. The biggest cost is for the batteries though. The panels themselves have become extremely low price and the prices continue to fall.
It's interesting to see Tesla's solar business getting disrupted by Chinese manufacturers after EV.
Recently got 14kw solar, 30kwh battery, heat pump water heater for c. 20k usd. installed.
It's even worse than that. They're making the comparison of a solar roof to a new standard roof plus solar panels, but most people absolutely do not replace their roof when they get panels so the cost difference is more like 106k vs 30k.
Are these payback periods factoring in opportunity cost? If not the game is already lost. If so periods that long are so sensitive to alternate asset returns that they could easily be infinity.
I would love some kind of solar, but when I know how cheap it is to install it in places like Africa AND use cutting edge chinese solar/battery tech, my enthusiasm to pay a USA premium makes me just close the tabs. It's too expensive in america for some reason.
Yeah, and the problem is that the premium isn't small enough to hand-wave away as aesthetics