Tesla Solar Panels Price Cut

From my understanding Trump put a tarriff on it.

Irvinecommuter said:
eyephone said:
Irvinecommuter said:
eyephone said:
Cares said:
I'm heavily weighing if I want to get a new system on my house. I will likely need a 10-12 kW system though and would like to install 1 or 2 PowerWalls. It'll definitely be an expensive system but this is the last year for 30% rebate.

I don't think Tesla can deliver before year end though.
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Someone explained to me that solar will get cheaper like how flat screen TVs got cheaper.
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Probably but it will take awhile for it to get 30% cheaper.
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Lower the installations costs and allow panels from China

The cost is reasonable if a person does a DIY. (not like I?m going to do it just saying)
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Panels have been coming in from China...installation costs are pretty darn low as it is. 
https://blog.pickmysolar.com/the-price-of-a-solar-panel-system-over-the-years
https://news.energysage.com/should-i-use-chinese-solar-panels-for-my-solar-installation/

Although there isn?t a universal truth when it comes to price or quality regarding solar panels, it is safe to say that Chinese solar manufacturers typically offer lower prices than other brands because of the incredibly low cost of production in China. This contrast between Chinese and specifically American solar panels has recently gotten some media attention following the bankruptcy of U.S. solar maker Suniva. After filing for Chapter 11 bankruptcy in early 2017, Suniva filed a petition with the United States International Trade Commission (USITC) to suggest a hefty tariff be placed on solar panel imports from China.
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Moving on to the question of whether solar panels manufactured in China are of lower quality than other manufacturer origins (a concern we hear frequently from homeowners), the straightforward answer is ?no they are not lower quality?. The specific country that a solar panel is made in will have little impact on the actual quality of the product put on your roof. In the above table, two trends are evident:

The large majority of solar manufacturing occurs in Asia and the top 3 solar panel brands by market share are producing their product in China (Trina, SunPower, Yingli Solar)

Solar panels of all ranges in quality (Economy, Standard, Premium) are made in China so there is no current correlation between the level of panel quality and whether it?s produced in China or elsewhere

The data table above shows that the only reason a homeowner should use country of origin to select solar panels is an external reason unrelated to quality or price, such as a desire to buy ?Made in the USA? products or help stimulate American manufacturing jobs.
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Irvinecommuter said:
irvinehomeowner said:
@IC:

Hah... yeah, SunRun, not SolarRun.

I think someone on TI did some comparison and liked SunPower. This site says SunRun is the cheapest:
https://solartribune.com/your-home/solar-companies/california/
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I called SunRun while I was working with Tesla and they gave me a quote that was essentially the same..so I went with Tesla. 
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Keep us updated on how it goes. Thinking about doing this before the Fed credit expires.
 
Irvinecommuter said:
eyephone said:
Irvinecommuter said:
eyephone said:
From my understanding Trump put a tarriff on it.
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He did...30% but companies were already oversupplied so it doesn't make much difference.
https://www.fool.com/investing/2019/01/05/solar-panels-are-cheap-despite-trump-tariffs.aspx
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So I was right he did.
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Of course he did.  25% tariff incoming for many other things!
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Therefore if this is lifted. It might drive prices down more. Who knows? The industry needs to understand people don?t need solar. But in my opinion they price it like people do.
 
eyephone said:
Therefore if this is lifted. It might drive prices down more. Who knows? The industry needs to understand people don?t need solar. But in my opinion they price it like people do.
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California is making solar mandatory for all new homes in 2020 and I am pretty sure something will be coming for existing home down the line.
https://psmag.com/environment/california-becomes-the-first-state-to-make-solar-panels-mandatory

As an aside, I found this to be the issue for me.  Irvine delayed things for like 1.5 months.

But research shows that local regulations, rather than state-level environmental laws, do more to delay development with "redundant" reviews and convoluted land-use regulations.
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https://psmag.com/environment/california-becomes-the-first-state-to-make-solar-panels-mandatory
 
I don?t think they can force existing homes. Unless it?s cheap and affordable then they can?t force it.

Right now it?s a luxury item and they price it like it.

Also, Who knows if companies will be around after the federal subsidies drop.

Irvinecommuter said:
eyephone said:
Therefore if this is lifted. It might drive prices down more. Who knows? The industry needs to understand people don?t need solar. But in my opinion they price it like people do.
Click to expand...

California is making solar mandatory for all new homes in 2020 and I am pretty sure something will be coming for existing home down the line.
https://psmag.com/environment/california-becomes-the-first-state-to-make-solar-panels-mandatory

As an aside, I found this to be the issue for me.  Irvine delayed things for like 1.5 months.

But research shows that local regulations, rather than state-level environmental laws, do more to delay development with "redundant" reviews and convoluted land-use regulations.
Click to expand...
https://psmag.com/environment/california-becomes-the-first-state-to-make-solar-panels-mandatory
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Pricing is a problem for the solar industry and they know it. They have a bunch of inventory sitting. I say let it sit.
 
eyephone said:
I don?t think they can force existing homes. Unless it?s cheap and affordable then they can?t force it.

Right now it?s a luxury item and they price it like it.

Also, Who knows if companies will be around after the federal subsidies drop.
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I don't think it's priced like a luxury item at all...it's front-loaded costwise but that's every home improvement project.  There is a ton of financing too..
 
Let?s look at Sony and Microsoft gaming consule. Do they make a lot of money on the console itself or the royltaty and services?

They figured out people don?t want to spend the cost and plus 30-50% margin. (expectation of a company selling products in general) So they came up with a model to sell it to consumers.
 
Irvinecommuter said:
eyephone said:
I don?t think they can force existing homes. Unless it?s cheap and affordable then they can?t force it.

Right now it?s a luxury item and they price it like it.

Also, Who knows if companies will be around after the federal subsidies drop.
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I don't think it's priced like a luxury item at all...it's front-loaded costwise but that's every home improvement project.  There is a ton of financing too..
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Yeah it is. Maybe they should put a luxury tax on it. Let?s go!
 
eyephone said:
Pricing is a problem for the solar industry and they know it. They have a bunch of inventory sitting. I say let it sit.
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There is a hurdle to overcome...it is an interesting issue because solar sort of hurts itself by making electricity overall so the benefits of solar gets reduced.
https://www.vox.com/2016/4/18/11415510/solar-power-costs-innovation

I would say that there may be a tipping point with people going off the grid in which utility companies are not economically viable.  Question is whether we get to that point soon.
https://e360.yale.edu/features/utilities-grapple-with-rooftop-solar-and-the-new-energy-landscape
 
So I am right. They have inventory sitting. If it was a car company they will discount. They will heavily discount it to get it off the lot. (Same with electronics.)

Why don?t they do that with solar?

Irvinecommuter said:
eyephone said:
Pricing is a problem for the solar industry and they know it. They have a bunch of inventory sitting. I say let it sit.
Click to expand...

There is a hurdle to overcome...it is an interesting issue because solar sort of hurts itself by making electricity overall so the benefits of solar gets reduced.
https://www.vox.com/2016/4/18/11415510/solar-power-costs-innovation

I would say that there may be a tipping point with people going off the grid in which utility companies are not economically viable.  Question is whether we get to that point soon.
https://e360.yale.edu/features/utilities-grapple-with-rooftop-solar-and-the-new-energy-landscape
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Because the demand is not high and even if they discount it 10% people would not buy.

eyephone said:
So I am right. They have inventory sitting. If it was a car company they will discount. They will heavily discount it to get it off the lot. (Same with electronics.)

Why don?t they do that with solar?

Irvinecommuter said:
eyephone said:
Pricing is a problem for the solar industry and they know it. They have a bunch of inventory sitting. I say let it sit.
Click to expand...

There is a hurdle to overcome...it is an interesting issue because solar sort of hurts itself by making electricity overall so the benefits of solar gets reduced.
https://www.vox.com/2016/4/18/11415510/solar-power-costs-innovation

I would say that there may be a tipping point with people going off the grid in which utility companies are not economically viable.  Question is whether we get to that point soon.
https://e360.yale.edu/features/utilities-grapple-with-rooftop-solar-and-the-new-energy-landscape
Click to expand...
Click to expand...
 
eyephone said:
So I am right. They have inventory sitting. If it was a car company they will discount. They will heavily discount it to get it off the lot. (Same with electronics.)

Why don?t they do that with solar?

Irvinecommuter said:
eyephone said:
Pricing is a problem for the solar industry and they know it. They have a bunch of inventory sitting. I say let it sit.
Click to expand...

There is a hurdle to overcome...it is an interesting issue because solar sort of hurts itself by making electricity overall so the benefits of solar gets reduced.
https://www.vox.com/2016/4/18/11415510/solar-power-costs-innovation

I would say that there may be a tipping point with people going off the grid in which utility companies are not economically viable.  Question is whether we get to that point soon.
https://e360.yale.edu/features/utilities-grapple-with-rooftop-solar-and-the-new-energy-landscape
Click to expand...
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Because the cost is not with the panels..the costs are with other parts.  Panels are not perishable so there is no incentive to discount. 

Car companies don't discount...dealership do because they are trying to make quota and get bigger fleet discounts.  They have also carrying costs affiliated holding older cars...people don't care if the panels are 2018 or 2019 models.
 
It?s all about demand. The supply is there.

Watch when the 30% goes. Then the demand will drop and the price will drop.

(Economics 101)
The prices are currently inflated.
 
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