Why Tesla is Letting People Rent the Power of the Sun in Six States

Six states will soon be able to rent the power of the sun. Arizona, California, Connecticut, Massachusetts, New Jersey and New Mexico are included in Tesla’s new solar roofing rental plan at that price, Tesla CEO Elon Musk announced on Aug. 18.

The plans will be for as little as $50 and will not require a long-term contract. However, to cancel the service, Tesla charges $1,500 to remove the panels. The company says this covers the cost of the uninstallation and that it does not make a profit in the process.

The move follows the release of the company’s second quarter earnings report, which revealed the fewest installations since Tesla acquired SolarCity three years ago.

The service is not available to home renters, but owners can choose among three different sizes, with corresponding price and energy generation.

The small system is 3.8 kW, medium is 7.6 kW, and large 11.4 kW.

For the latest energy news, head to our industry page! You can also follow us on Twitter at @EnergyMKSL! Be sure to join the conversation in our Market Leaders LinkedIn groups!

Follow us on social media for the latest updates in B2B!

Image

Latest

governance
Exploring the Intersection of Board Governance, Community Engagement and Creativity with Ann Margolin
February 23, 2026

Behind every city vote, hospital budget or zoning decision is a leader navigating tough, often conflicting priorities. Right now, public leaders are operating in an environment of rising healthcare costs, workforce shortages and heightened community expectations—especially within safety-net systems that collectively provide billions in uncompensated care each year. The stakes are real—they affect patients…

Read More
career-connected
Workforce Alignment, and the New Blueprint for Career-Connected Learning Ecosystems
February 23, 2026

Workforce shortages, shifting federal and state policy, and rising skepticism about the return on investment of a traditional four-year degree have pushed career-connected learning to the forefront of education reform. According to the U.S. Bureau of Labor Statistics, overall employment is expected to increase by nearly 4.7 million jobs between 2022 and 2032, with…

Read More
hiring strategy
AI Is Reshaping Hiring Strategy And Critical Roles Are Shifting to Permanent Talent
February 20, 2026

Artificial intelligence is no longer a future-state discussion—it’s a present-day leadership priority. As enterprises accelerate the adoption of generative AI and automation tools, hiring strategies are evolving alongside broader business transformation. According to McKinsey’s 2025 State of AI report, 88% of organizations now report using AI in at least one business function, underscoring how…

Read More
Larry North
Resilience, Reinvention, and the Relentless Pursuit of Growth: Larry North’s Journey from Fitness Icon to Private Equity Leader
February 20, 2026

Entrepreneurship is being glamorized in real time. Social media highlights overnight wins, AI tools promise instant scale, and private equity is reshaping industries at a rapid clip. Yet behind every “success story” is something far less flashy: failure, adaptability, and the discipline to keep going when life hits hard. According to the U.S. Bureau…

Read More