Tesla solar panel services are available in parts of 25 states. Tesla, which does not operate a press office, did not respond. The SEC declined to comment on any probe in response to a CNET request in April. The SEC said that the ongoing investigation into Tesla does not mean it has found that Tesla broke the law, Reuters reported, and no new developments have come to light since. Several of its solar customers have sued Tesla over fires. The company launched Project Titan in 2018 to fix the issues, but was not upfront about the reason and did not offer to shut down solar panels to decrease the risks, according to the complain. In December 2021, Reuters reported the SEC was investigating a whistleblower's claims that Tesla failed to notify customers of an issue that may have caused some solar arrays installed before 2018 to catch fire. Because your energy needs vary from others, you might find a better fit for your needs with another company. While others might offer Tesla's Powerwall and another brand or size of battery, Tesla only offers the Powerwall. Tesla offers fewer choices than some other installers. All you need to do is to submit the competing quote through your Tesla account. If that quote comes within 14 days and is for an array of the same size or larger, Tesla will match the price on a dollar-per-watt basis. Tesla will match any installer who quotes you a lower price. Tesla has also suddenly changed its solar panel prices in the recent past.
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You may need to upgrade your electrical main panel or pay extra for hiding the conduit from your solar panels. Your $100 refundable deposit only starts the process. Tesla's prices for panels without storage are well below the information available for other national providers, though they may not be the final cost. One Powerwall costs $10,500, though Tesla appears to be offering a discount if you buy more than one. The Lawrence Berkeley National Laboratory reports the national median-size solar array is 7 kilowatts. If you remove the suggested Powerwall batteries, the estimates come to $2.10 per watt for each size.
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With one Powerwall and the federal tax credit ( 30% of the cost if you install through 2031), Tesla estimates that installations range in cost from $4.29 per watt for a 4.8-kilowatt system to $3.48 per watt for 7.6 kilowatts and $2.70 per watt for 17.6 kilowatts. Tesla's online estimates typically come in below that mark, unless you include back up batteries.
Larger systems will tend to be cheaper per watt than smaller systems. A Wood Mackenzie analysis determined that an 8-kilowatt solar installation in 2022 cost $2.99 per watt on average. Price, because it's hard to generalize and compare across companies, doesn't factor into the score we give solar companies, but it's an obvious consideration when you're shopping for solar panels. It's unclear if Tesla still operates in house teams, but subcontractors are becoming more common.
It's been reported that Tesla has increased the use of subcontractors and pulled back on its own installation teams. These are fairly average for the industry, but lag behind the leaders. Tesla also offers a 10-year warranty on the workmanship of the installation and a 10-year warranty for the weatherization of your roof. The Powerwall's warranty guarantees that the battery will hold at least 70% of its rated capacity after 10 years.
That's roughly in line with other major companies. Tesla's warranty says your panels are guaranteed to work at 85% capacity after 25 years or it will replace them. It comes with a 12-and-a-half-year warranty. That puts it near the top end of what's typical. Tesla's solar inverter operates at 97.5% or 98% efficiency, according to the company. The final bit of hardware is the Tesla solar inverter, which converts the direct current electricity your panels generate into alternating current that your house can use.
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