Solar is the new black, which means it was only a matter of time before solar roof shingles were invented. Now, thanks to the merging of the two companies, Tesla and SolarCity, it is now possible to have stylish and energy efficient roofing that powers your house’s electricity.
Now, with Tesla’s Solar Roof, solar financing has never been easier or more beneficial. Elements Capital Group is here to help you secure solar loans so you can start saving energy and money in no time at all.
What Is It?
Old-school solar panels are out of style. Honestly they were never really in style because of their bulky and unnatural appearance. Traditional roofing is slowly becoming obsolete as well. With the sleek design and energy saving abilities of Tesla’s Solar Roof, it combines the best of both old-fashioned solar panels and traditional roofing. The roofing comes in a small variety of design choices so you can make sure it complements your home’s architecture perfectly, which old-school solar panels couldn’t do. An added bonus to this roofing is the guaranteed lifetime warranty. The tiles are so durable Tesla has stated that they are “guaranteed for life, or infinity, whichever comes first.”
Basically if you are trying to invest in both a new roof and clean energy, Solar Roofs are the answer to your prayers, your solar financing questions and the best way to kill two birds with one stone.
The price tag on these fancy new roofs can be a little steep. For an average sized home in the United States (2,467 square feet) it will cost about $51,000 for a 70 percent solar roof— not including the optional Powerwall battery that adds an additional $7,000 onto the price tag. Depending on the amount of efficiency you want, the price may vary.
To help you get over the high price, Tesla noted the tax credits that come with buying solar. For the 70 percent solar roof, homeowners are looking at a tax credit of almost $16,000 while the 40 percent roof is slightly less.
Things to Consider
When looking into whether this new technology could be right for you and the different solar financing options, there are several things to consider. The most important factor is how great the homeowner’s needs are. In addition to this, you have to note whether the roof is partially shaded or how much sun actually reaches it. Lastly, you should consider how much you currently spend on electrical bills each month. After asking yourself these important questions, then you can make a decision about whether Tesla’s Solar Roof is right for you.