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Tesla Launches Solar Roof Rentals in Six States

Tesla launched a solar roofing rental plan in six states (Arizona, California, Connecticut, Massachusetts, New Jersey, and New Mexico) starting at $50 with no long-term contract requirement. The service charges a $1,500 removal fee for cancellations and offers three system sizes for homeowners only.

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Tesla Launches Solar Roof Rentals in Six States

Key takeaways

01

Solar rental plans start at $50 per month with no long-term contract in six U.S. states.

02

Removal fee of $1,500 applies for service cancellation; Tesla states this covers uninstallation costs with no profit.

03

Three system options available: 3.8 kW (small), 7.6 kW (medium), and 11.4 kW (large).

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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.

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