SolarCity to start installing Tesla Solar Roof next month

Elon Musk

Elon Musk

Elon Musk's vision for Tesla Motors (NASDAQ:TSLA) was always to be an everything green energy company.

But Jim Petersen, chief executive of PetersenDean Inc, which installs about 30,000 new roofs plus solar a year, estimated that a 1700-square-foot roof with new solar panels, including the tax credit, would cost about $22,000, well below the Tesla website's estimate. The visually-impressive roof comes in four versions: smooth or textured glass, slate, and a Tuscan-style terra cotta. This is meant to ensure that homes have a uniform look without forcing homeowners to only purchase solar-capable roof tiles.

Tesla's Solar Roof uses both solar and non-solar tiles. With an integrated Powerwall, energy collected during the day is stored and made available any time, effectively turning a home into a personal utility.

The Solar Roof looks like an ordinary roof from a distance, but it has no replaceable roof tiles. The active tiles have three main layers, with a base solar cell beneath a colored louver film that's covered by tempered glass. So, Musk makes the case that you can have solar plus battery storage that is not only cheaper than conventional solar, but actually cheaper than traditional electricity from the grid.

Tesla claim that the tile does not it loses much of its effectiveness when heated, can withstand a five-centimeter hailstones fall at speeds up to 160 kilometers per hour. Tesla guarantees that the Soar Roof can supply solar energy for at least 30 years.

Gurpreet Singh quits AAP over Bhagwant Mann's appointment as Punjab unit chief
Ghuggi, who is the former Punjab convener of the AAP , said that he would stay in politics but not be associated with the AAP . Mann said that the volunteers were the backbone of the party, but added that anti-party activities would not be tolerated.

Tesla reports that the Solar Roof ultimately pays for itself by reducing or eliminating a home's electricity bill. Predictably, the strategy is 50 to 100 percent more effective, based on the company's early results.

Tesla, of course, acquired SolarCity in a deal worth $2.1 billion in November 2016, shortly after it revealed the solar shingles.

Musk's confidence notwithstanding, 2017 will shape up to be a pivotal year for Tesla.

Tesla says that its SolarCity subsidiary will begin installing the first systems in California in June and will then spread to other areas. According to him, it is a new beginning for our future.

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