Tesla solar panels have been made more efficient and more cost-effective, and are designed to look like roof tiles or traditional solar pannes. The company also indicated that the new Tesla solar panels will be approximately 10% more efficient than previous models, as long as the size is the same.
The company released figures that show the improvided efficiency, previously the medium panel was rated at 7.56 kW, however, it is now 8.16 KW. Additionally, the medium panel was previously priced at $19,500, which has been reduced to a total of $16,000.
Overall releasing more cost-effective and efficient solar panel products may lower barriers to purchase. This is because consumers could have more of an incentive to buy Telsa solar panels if it will result in greater long term savings related to energy costs.
Image Credit: Tesla