Doubts Over Tesla’s Promise Of A Low Priced Solar Roof
Tom Werner, the CEO of SunPower a leading provider of solar power, is sceptical regarding Tesla’s promise that will be offer solar roofs for a low price point. Palo Alto, California-based Tesla that has partnered with Musk’s Solar City in a $2.6 billion deal said that their solar roofs will be more cost effective than standard roofing after the cost of labour has been factored in and before considering savings from the generation of energy.
Tesla’s solar roof is different from traditional solar panels that are made from photovoltaic steel and installed over the standard roofs. The solar roof being offered by Tesla is made from quartz glass which will be used to replace the roof.
In a speech before shareholders that voted to approve the merger of Solar City and Tesla, Musk said that their basic proposition will run this way “Why will you get another type of roof when there is a roof that looks better than a normal roof, lasts twice as long, more affordable and has the capability to generate electricity?”
A decade ago, SunPower also tried to offer a similar roof option but it was too expensive compared to the amount of energy produced. When it comes to choosing between cool and costs more, customers do not find it cool enough to offset the cost.
Even Axiom Capital is doubtful about Tesla’s promise. A cheap type of asphalt shingle roof from Home Depot will cost about $1 per square foot. Given that a traditional solar roof can produce 15 watts of power per square foot at an estimated cost of $0.40 per watt, the solar roof will cost about $6 per square foot, excluding transport costs. On the other hand, Tesla’s roof will significantly last longer than asphalt shingles that will require replacement every 10 to 15 years.
If the roof the leaking, call roof repairs in Sydney so that it can be attended to immediately. Leaving a leaking roof unattended does not make sense because the repair bill will increase while the leaks grow. Eventually, the roof can no longer be repaired; it will require replacement which is even more expensive.