Tesla’s New Solar Roof Tiles Ready For Homes

Tesla Inc. (NASDAQ: TSLA) has now launched its third iteration of its solar roof tile for residential home use. The company announced it’ll begin installations of the new V3 Solar Roof in the coming weeks. The solar roofs will be available in at least 25 states where the company already sells solar panels. The tiles will be built at Tesla’s Gigafactory 2 in Buffalo.

Tesla CEO Elon Musk claims that Tesla’s latest tiles are a huge improvement on previous versions. The glass tiles are larger with a higher power density and have a more attractive design meant to be indistinguishable from opaque slate from the ground. The glass is rated to withstand 110-mph winds and chunks of hail nearly 2 inches in diameter.

The first solar roof tiles released will be a textured black glass tile, with new variants released every six to nine months. Those looking for solar roof tiles that resemble clay will have to wait at least a year for that version. The new tiles come with a 25-year warranty that includes their protective weatherization and their power generation capability.

Tesla’s Solar Roof website now includes a pricing estimator. For the average 2,000 square-foot home, the cost would be $42,500 as the total price with 10kW solar panels. After an $8,550 federal tax incentive, the price would be $33,950. On the website, you can also get an updated estimate for the price with local costs and incentives.

Specialized installers are being hired and trained by the company to install the new solar roofs. The company declined to say how many installers were already on board. Eventually, certified independent installers will be able to sell and install the product themselves. Tesla hopes to install more than 1,000 roofs per week in the coming months.