Tesla introduced by a series of tweets by CEO Elon Musk that it has “relaunched” its Tesla Solar enterprise by providing cookie-cutter solar systems to rent. Musk stated renters can save $500 a yr in utility payments and might cancel the contract at any time.

Rentals will be supplied in Arizona, California, Connecticut, Massachusetts, New Jersey and New Mexico. There isn’t any point out of the solar tiles/solar roof product in the corporate’s “relaunch.”

Although trade professionals acknowledge there isn’t any cookie-cutter choice in solar (no two roofs are the identical), Tesla will supply a small, medium and large rental option:

  • Small = 3.8 kW, superb for a 1,000- to 2,000-sq-ft residence
  • Medium = 7.6 kW, superb for a 2,000- to 3,000-sq-ft residence
  • Large = 11.4 kW, superb for a 3,000+-sq-ft residence

There isn’t any upfront set up price, no long-term contract, and the month-to-month cost may be canceled at any time. If householders wish to take away the rented solar system, it will price $1,500. There isn’t any specification of what occurs to the system if householders don’t wish to take away it but in addition don’t wish to pay the month-to-month rental charge. A Powerwall battery unit can’t be added to rental agreements, however batteries may be bought individually.

In California, the estimated month-to-month rental cost is $65 for a small system, $130 for a medium system and $195 for a big system.

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