How Tesla’s solar panels could be even cheaper than the announced $1.49 per watt — after incentives

While this is a huge step so for solar, some say its actually cheaper. But how?


KEY POINTS
  • During Tesla's Q2 earnings call, Elon Musk said the company’s solar panels are now 30% cheaper than the U.S. average.
  • This means, after considering the Federal tax credit, the costs become $1.49 per watt.
  • While this is a huge step for solar, some say its actually cheaper. But how?

During Tesla’s Q2 earnings call, Elon Musk dropped the little bombshell; that Tesla’s solar panels now cost $1.49 per watt after incentives. This is a huge step forward for the price of solar power — but Matt Ferrell says he found that it can be even lower.

More Stories From Around the Web:

  1. Tesla’s solar panels now at $1.49 per watt after incentives is not a huge step forward for ordinary consumers and taxpayers, but is certainly a huge step forward for Tesla’s sales chain partners inflated profitability.
    $1.49 per watt is not a contemporaneous global price for tier 1 solar PV panels, $0.50 is closer to commercial reality.
    The levelised cost of electricity (LCOE) generated from $1.49 per watt PV systems is unsustainable by any objective analysis, and can only lead to stranded PV assets without a market to sell grossly overpriced PV generated electricity.

    Lawrence Coomber

    1. Mr Coomber,
      What you may not be aware of is that the $1.49/watt after incentives, is the installed price. At a time when their competition is charging from $2.67/watt to $3.50+/watt, it is clear to me that their costs are significantly lower.

      BTW, I have no affiliation with Tesla other than being one who has greatly investigated solar and solar installation costs.

Leave a Reply