Tesla has struggled so far to make residential solar power a reality, and company executives are no doubt hoping that a new “Rent Solar” program will change that.
It’s a pretty straightforward deal: for as little as $50 monthly, you get all the necessary panels and other hardware, plus installation, support, and ongoing maintenance. There’s no up front cost for the installation and no long-term contract commitment.
There’s one big catch, however: if you decide to end your commitment and want the solar panels and hardware removed, you’re paying Tesla $1,500 to get that done. You’re also going to pay the same amount if you start with an option that’s too large for your needs and decide to downsize. Read more…
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