Elon Musk Explains Why Tesla Solar Power Is So Cheap – Clintenica Exclusive


Clean power

Published on September 12, 2020 |
By Zachary Shahn

September 12, 2020 By Zachary Shahn


Last week, I wrote an article about the fact that the price of solar radiation has dropped significantly in recent years. I started by looking at the average price of solar PV panels alone, which were 12 times more expensive in 2010 and 459 times more expensive in 1977 than they are today. (I know – going back to 1977 was unnecessary. But it was fun.) After looking at the prices of solar PV panels, I went into the extensive cost of a rooftop solar power system, including the cost of installation and many other costs. “Soft costs” related to going solar. While diving into the matter, he was surprised to see that the average price of a rooftop solar power system in the United States is $ 2.19 / watt while Tesla is now offering rooftop solar power for 49 1.49 / watt nationwide. (Both prices are the cost of the installed solar power system Then U.S. Consider the federal tax credit for solar, which is 26% of the cost of the system.)

That’s a big difference in price. Exploring the average solar pricing in different states based on the Energies report, going deeper, I thought I could find some areas where $ 1.49 / watt is more typical. But I didn’t. The state with the lowest average solar price was Arizona, after 1.85 / watt after accounting for 26% of the U.S. tax credit. (Note that EnergiesJ had introduced a pre-credit price in that ranking, so it shows for 2.50 / watt for Arizona instead of 1. 1.85 / watt.) In California, where most U.S. 18 2.18 / watt after tax credit (9 2.94 / watt before tax credit). When you put all these watts together, the difference of 69 cents per vote is a big deal. That’s $ 4,140 on a 6 kW system or અથવા 6,900 on a 10 kW system.

There are some things that Tesla can clearly take advantage of to reduce its solar costs. For example, Tesla is a pretty popular brand. (Well, it’s a very hot brand.) That means Tesla will hardly have to do anything to advertise its solar power systems. In addition, Tesla is heavily online – people buy their cars online online, even on their phones – and Elon Musk has One of the most popular accounts on Twitter. He may occasionally make reminders and tweets about the solar program – Balm – Sales secure. Popular Tesla A Twitter account can do the same. Historically, many rooftop solar homes have been sold from door to door. Yes, door-to-door sales are still one thing, and that’s a big deal in the home solar power industry. The cost was a lot of money for Solarcity (which Tesla acquired in late 2016). Its price is # 1 in the US. Home solar installer Sunrun makes a lot of money. It’s not as cheap as bringing people to walk around neighborhood after neighborhood to buy something that costs thousands or tens of thousands of dollars, even if it saves them money in the medium to long term. Tesla can only send a few tweets, sell Solar through its existing stores, and the Tesla owner can push Solar indirectly through referral codes.

Despite knowing this and some other ways, Tesla will be able to reduce costs, I felt that I do not have enough evidence to explain to the world the price of Tesla’s low solar energy. So, I asked Tesla CEO Elon Musk about it. He replied:

“Solar panels cost only 50 cents / watt. Mounting hardware, inverter and wiring is 25 cents / watt. Installation is ~ 50 cents / watt depending on the size of the system.

“Other solar companies spend more on salespiles, advertising and sophisticated financing tools. We don’t. “

So here it is – Tesla spends about 75 cents on hardware and about 50 cents on installation costs, with an addition of ~ 1.25 / watt. The other 24 cents will cover some extra soft costs while possible. Also provides a small profit.

There are other operational operational, overhead, maintenance / repair, and customer acquisition costs, but some of these costs can be covered by the rest of Tesla – accounting and legal matters, for example, can only be turned into Tesla’s comprehensive accounting and legal work. / Expenses. Tesla is now making so much money on the omot tomato side of the business that it has some advantages from economies of scale and its overall financial strength that should help keep some of the softer costs from the roof solar power equation. Pure solar company does not have those advantages.

As always, no one cares what the average and superficial spirit statements are To do Recommend that if any of you can go solar, you should get quotes from multiple installers (they are always free) in your area and take a closer look at the details. Agreements are not all the same in terms of timeliness, maintenance or financing. Of course, if you go solar with Tesla and you don’t have anyone close to you to get a Tesla referral code, you’re definitely free to use me – https://ts.la/zachary63404 – મેળવવા 100 discount to get, especially If I can assure you at any time that Solar is a good time to go.

Solar energy prices have become so competitive that we are seeing solar energy prices very high in the rankings for new power generation in the United States. Utility-scale solar power was the # 1 source of new power capacity in June, and was # 3 in the first half of the year just behind the wind. However, those results only cover new capabilities Big Solar power plant. If you assume another 2,000,000 to 1,000,000 megawatts from small-scale solar power plants – such as rooftop solar power systems – solar power would be # 1 overall in the first half of 2020. We will get those numbers at some point. Once we do, then I’ll take a closer look, because there’s a big chance the solar has come out on top.

We still have a long way to go to generate solar power to significantly reduce emissions from fossil fuels. I reported earlier today that in the first half of 2020, solar power will be available in the U.S. Only 4. for% of electricity generation – that’s 4.4%, not 34%. U.S. According to the Energy Information Administration, about one-third of rooftop solar power, U.S. It accounted for 1.1% of power generation. Solar power is on the rise, but U.S. There is still a long way to go for 10% of electricity generation.


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Tags: Elon Musk, Energy Sage, Tesla, Tesla Energy, Tesla Solar, Tesla Solar Panels, Tesla Solar Price


About the author

Zachari Shah is striving to help society one word at a time. He spends most of his time here Clintenica As its director, editor-in-chief and CEO. Zach is known globally as an expert in the collection of electric vehicles, solar energy and storage. He has presented about Clintech in conferences including India, UAE, Ukraine, Poland, Germany, Netherlands, USA, Canada and Qurao. Zach has long-term investments in NIOs [NIO], Tesla [TSLA], And exping [XPEV]. But it does not offer any kind of investment advice (explicitly or implicitly).