Friday November 18, 2016

Musk: Solar Shingles Will Cost Less Than A Dumb Roof

Elon Musk is now saying that those tempered glass solar shingles he announced earlier this month will actually cost less to manufacture and install than a traditional roof. And, at least according to Musk, that's even before factoring in the savings from the power bill.

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Make no mistake: The new shingles will still be a premium product, at least when they first roll out. The terra cotta and slate roofs Tesla mimicked are among the most expensive roofing materials on the marketآ—costing as much as 20 times more than cheap asphalt shingles. Much of the cost savings Musk is anticipating comes from shipping the materials. Traditional roofing materials are brittle, heavy, and bulky. Shipping costs are high, as is the quantity lost to breakage. The new tempered-glass roof tiles, engineered in Tesla’s new automotive and solar glass division, weigh as little as a fifth of current products and are considerably easier to ship, Musk said.