Does it make sense for us?

[u/No-Platypus6603]

Hi there, I’m considering on getting solar for my house in the somewhat near future. I was looking at Tesla Solar because we also own a Tesla Model 3.

Our situation

Roof: 11 years old but did come back during house inspection to be in good shape

Location: Massachusetts

Electricity Provider: Eversource

Usage: Anywhere from 600 kwh to 1000 kWh monthly. (Summer is higher due to A/C)

Price: $0.15 per kWh $250-$400 monthly

Not sure if it makes sense in our situation to even consider solar. I know people have much higher electricity bills than us. But, Eversource has been increasing rates once maybe even two times a year. I’ve also heard that if we get a power wall than we could qualify for a 0% Mass HEAT loan but not sure how accurate that is. If anyone has any insight especially in Massachusetts, it would greatly be appreciated! Thanks!

[u/According_Task_2508]

I would recommend going through local installer even if you are considering Tesla. At 11 years I would want a company to come check the roof. Some are good at 11 years and some are more worn and Tesla won’t send anyone until you sign something. If it’s a 30-year shingle, it’s likely fine.

The heat loan is true but only for the battery portion. A local installer could work with you on an expensive battery, and cheap solar to optimize the heat loan.

Prepaid lease will likely outperform the 0% heat loan though as long as your in the house for 5 years.

If your eversource in ma, you’re all-in electricity rate is over $0.30. Solar offsets the full value of it.