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

healthcare
The Future of Employer Benefits: Balancing Rising Healthcare Costs with Creative, Employee-Centered Perks
August 28, 2025

The landscape of employee benefits has undergone a seismic shift in the last decade. From the rise of telemedicine to the introduction of lifestyle spending accounts and stipends for services like DoorDash and HelloFresh, employers are reimagining how they support workers in a post-pandemic, inflation-conscious world. With healthcare costs rising and talent competition intensifying,…

Read More
How Smart EHR Features Return Time to Patient Care: Insights from Healthcare Leaders
August 27, 2025

When Documentation Technology Finally Works for Clinicians At ChartLogic, we’ve spent years perfecting the features that matter most to healthcare providers. But rather than tell you what we think works, we wanted to hear directly from clinicians about the EHR capabilities that have genuinely improved their workflows. We asked healthcare professionals: Have you ever used…

Read More
sustainability
From Green Initiatives to Guest Loyalty: Building the Future of Hospitality Through Tree Planting and Plastic Cleanup Programs
August 27, 2025

Sustainability is no longer optional in hospitality—it’s the expectation. A recent Booking.com report found that 84 percent of global travelers now prioritize making their trips more sustainable, raising the bar for hotels worldwide. Yet too many properties are still relying on the basics—like towel reuse cards or energy-saving reminders—that guests increasingly see as table stakes….

Read More
The Future of Directional Drilling: How Emerging Technologies Are Reshaping Performance Standards
August 27, 2025

Driving Innovation in Energy Exploration At Altitude Energy Partners, we’ve long understood that the future of energy development depends on continuous innovation in directional drilling technology. As formations become more complex and environmental standards more stringent, the industry is experiencing a technological revolution that promises to redefine what’s possible in drilling performance. We asked industry…

Read More