How Tesla Solar Can Save You Money
A Money Printer on Your Roof
Solar is a clean and affordable way to generate electricity. With our price match guarantee, Tesla offers the lowest priced solar so homeowners can make money off of their system and put cash back in their pocket.
Energy produced by your Tesla solar panel system will directly power your home and reduce the amount of electricity you purchase from your utility. In addition, many utilities give you credit for any extra energy you produce during the day. This crediting process is referred to as Net Energy Metering (NEM).
You can reduce your utility electric bill as a result of your solar energy production and net metering credits Whether you choose to subscribe to solar (link to subscription solar support page) or finance a solar panel system with a loan (link to cash and loan support page), your monthly solar payment will typically be lower than the reduction on your utility bill.
Value Over Time
Solar panels are an investment in your home and can continue to provide you with clean energy savings well into the future.
A system purchased with cash is an investment that can pay for itself and result in the highest long-term value of all of our financing options.
A Tesla solar subscription allows you to start producing clean energy without the upfront costs, but has less long-term value than a cash purchase. Remember, you always have the option to purchase your solar subscription system after installation, but note that you will not be eligible for the federal tax credit. Learn from one of our early subscription customers, Carolyn, who experienced immediate savings from solar.
Financing a Tesla solar system can provide upfront savings depending on your location and energy consumption habits, and after your loan is fully paid off, you will continue to enjoy the system’s great, long-term value.