Tesla Launches 20-Year Solar Roof Loan with Lower Monthly Payments

Solar roof lower payments

Tesla announced on Wednesday its 20-year Solar Roof loan with lower monthly payments, is now available. The company’s website asks prospective users to enter their home address and average electric bill to continue to see rates. Pricing varies depending on the size of your home and your location.

Back in November, Tesla launched new Solar Roof tiles with more power and increased efficiency. Last fall, Tesla Solar Roof installs were made available to anywhere in the United States.

Last February, Tesla CEO Elon Musk said its Solar Roof product would be launching in Canada, but that has yet to materialize.

Recently, Tesla urged employees to help fight a California proposal that would increase the price of rooftop solar in the state.