At the end of 2016, Telsa unveiled their new and highly innovative solar roof tiles. The product looks just like standard roof tiles, but have the same harnessing power as traditional solar panels. The technology is revolutionary, and the environmental benefits that come from its use are incredible. The costs of the roof sound steep at first, but the long-term rewards that come from installation are worth the upfront cost.
Tesla’s claim is that their roof will cost less than a regular roof, when the benefits of solar production are factored in. Their quote for the solar powered roof on a typical home in Maryland is $52,000. However, with the energy the roof generates plus the tax credits, “the roof will actually pay for itself and earn you about $8,000 over 30 years” (Tesla.com). The cost of the roof is calculated by adding the price of materials, labor of installation and Powerwall battery. But the value of a completely sustainable energy source built into a home that earns tax breaks and bodes off-the-grid reliability arguably makes up for the upfront cost, and then some!
Continue reading Tesla’s New Solar Tiles Add Value to Homes for Sale.