Tesla slashes prices on home solar systems to spur sales

Nichola Groom for Reuters:  Tesla Inc has cut prices on its residential solar systems by as much as 25 percent in a bid to lift lagging sales after the company streamlined its sales and marketing organization, a company official told Reuters on Thursday.

Effective on Thursday, price quotes for potential solar customers will be between $3,000 and $5,000 lower, representing savings of about 15 to 25 percent, according to Sanjay Shah, the company’s senior vice president of energy operations.

Tesla said the $3,000 to $5,000 in savings was an average and that the actual amount could be lower or higher depending on the size of the rooftop system and where a home is located.  Full Article:

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

MORNINGSTAR - TriStar MPPT 600V

MORNINGSTAR - TriStar MPPT 600V

Morningstar's TriStar MPPT 600V charge controller leverages Morningstar's innovative TrakStar™ MPPT technology and our 20+ years of power electronics engineering excellence, to enable the widest input operating voltage range available from a solar array, wind turbine or hydro input. This controller's standard and DB versions are for off-grid applications, and the TR versions were developed to enable retrofitting grid-tied systems with battery backup.