When you begin considering roof replacement options, it’s only natural to pay attention to costs. The Tesla Solar Roof does cost more than most other types of roofing. However, you should not leTesla Solar Roof saves you money over time. In fact, the energy savings are so substantial that most Tesla Solar Roofs pay for themselves within 7 to 13 years. Here are the key ways you’ll save money with a Tesla Solar Roof.
Lower Utility Costs
Right now, you probably pay a utility company for all of the power you use. Imagine never paying a power bill again. Now, imagine if the power company would instead send you a check every month. This is the reality for many Tesla Solar Roof owners.
When you have a Tesla Solar Roof installed, the roofing company specifically designs the roof to fit your home and meet your energy needs. In most cases, your roof can produce enough electricity to power your whole house. Any electricity you don’t use immediately can be stored in a Tesla Powerwall for later use. Or, you can feed the extra electricity back into the power grid, in which case the electrical company will pay you for it.
Buying electricity from your local utility company is like renting. Producing your own power with a Tesla Solar Roof is like owning your power. The money you save on utilities, month after month, will add up faster than you think.
Lower Maintenance Costs
Most roofing systems require maintenance to keep them in good condition over the years. For example, tile roofs must be cleaned and treated to remove algae growth. Shingle roofs may grow moss if you don’t have tree debris cleaned off regularly. The Tesla Solar Roof, on the other hand, is designed to be a low-maintenance roof system.
The Tesla Solar Roof is precisely engineered to be self-cleaning. Each time it rains, the rainwater runs off the roof, carrying away any dust, pollen, or other debris accumulated on the roof surface. The roof’s surface is made from slick glass, and debris does not cling to it easily. Tesla Solar Roofs are made in this way to ensure they don’t accumulate debris that blocks sunlight and reduces their power production. The lack of necessary maintenance is a happy side effect.
Not having to clean and maintain your roof will save you countless dollars on maintenance and cleaning appointments over the years. Plus, you don’t have the hassle of having to schedule maintenance appointments with your roofer.
Tax Credits
Tesla Solar Roofs are an environmentally friendly option. They harness sunlight, a renewable resource, and convert it to electricity. This is a good alternative to burning fossil fuels for energy. Because the Tesla Solar Roof is considered a green energy solution, the federal government offers tax credits for homeowners who install these roofs. These credits help defray part of the initial cost of a Tesla Solar Roof. Doing so makes a Tesla Solar Roof a smarter, better investment.
The tax credit you qualify for with a Tesla Solar Roof is the Federal Residential Solar Energy Credit. The credit was initially passed by Congress in 2020, but it was extended to include systems installed in 2022 and 2023. Homeowners who install a solar photovoltaic system during this time will receive 26% of the cost of the system back in the form of a tax credit. There is no maximum amount that you can claim.
There are a few stipulations to be aware of with this tax credit:
- The solar PV system must be owned by you. It cannot be rented or leased. Purchasing a Tesla Solar Roof certainly meets this requirement.
- The solar PV system must be new. Tesla Solar Roof installers only install new roofs.
- The solar PV system must be located at your primary or secondary residence.
- PV systems installed on rental properties do not qualify.
While Tesla Solar Roofs cost more than other roofs at the onset, they are a smart investment in the long run. Federal tax credits bring down your initial cost. You’ll save countless dollars on electricity and roof maintenance over the years. Installing a Tesla Solar Roof is a wise, long-term choice for your wallet and the environment.
If you’re interested in learning more about the Tesla Solar Roof, contact KPost Company in the DFW Metroplex, Southlake, Plano, Dallas, Denton, and Ft. Worth. We’re a Tesla installer and we’re happy to provide you with an estimate upon request.
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