Tesla’s new Solar Roof V3 will be same price as shingle roof

Elon Musk is suggesting that the new version of Tesla’s solar roof tiles will be even less expensive and it will roughly be the equivalent of the cost of a comp shingle roof and the electric utility bill, which the solar roof will slash through solar energy generation.

When launching the product, Tesla said that the “typical homeowner can expect to pay $21.85 per square foot for a Solar Roof.” But that style was a tile roof style, which is much more expensive than a comp shingle roof – indicating that Tesla would have made cost improvements.

A shingle roof can cost as little as $4 per square foot while a tile roof can cost up to $20 per square foot.

It’s still a fairly expensive product, but it comes with a lifetime of the house warranty and 30-year power generation guaranteed.

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