How I Paid For My Tesla Solar Panels | UPDATED Payment Breakdown | Credits | Rebates | TSLA

[@fallguy4209]

Thankfully the tax credit is now 30% through 2032

[@TeslaFamilyChannel]

Thanks for watching! Glad it was extended 👍

[@osmick15]

calls on TSLA, profit is profit. Nice work!

[@TeslaFamilyChannel]

Thanks for watching!

[@TeslaFamilyChannel]

As of November 2022, Place an order for Tesla products through Shawn's referral link: www.tesla.com/referral/shawn68886 and earn credits upon delivery of your car or activation of your solar system. Redeem your credits for awards in the Tesla Referral Shop!

[@vinafoto22]

Great informational video! I am located in the DMV as well! Just liked and subscribed.

[@TeslaFamilyChannel]

Thanks for watching and subscribing!

[@ScoobyFermentation]

I'm not sure how you rationalize using stocks as getting something for free. That is as ridiculous as me saying that I cashed out my Berkshire stock and bought a house for free from a Berkshire listing in my neighborhood.

[@TeslaFamilyChannel]

Thanks for watching. I used the stock profits to buy the panels, profits above and beyond what I bought TSLA for. An increase in value is like free money.

[@cayman271]

@@TeslaFamilyChannel im planning to do the same

[@TeslaFamilyChannel]

@@cayman271 Thanks for watching! TSLA = New Solar Panels!

[@gilgrc]

Great informational video! I’m really interested in a solar system for my house and I’ve been doing some research and I came across to your channel. So far this is the best informative channel in Tesla Solar system. Thank you for your time and effort to make these videos. I’m one step closer to purchase this solar system (I’ll use your link). The only thing that I’m a bit confused is the federal tax credit. When you place the order is the tax credit deducted? Or do you pay the whole amount and get the tax credit when you do your taxes the following year? How does it work?

[@TeslaFamilyChannel]

Thanks for watching and for sending the wonderful feedback on my channel and solar videos! Glad to hear you are considering adding solar to your home. The 26% Federal Tax credit is a credit you would get when you do your taxes next year. As long as you don't owe taxes, you would get it back in 2022 from the Federal Government. Hope this helps!

[@percyjen6490]

I used your referral code. Thanks for sharing.👍🏾

[@TeslaFamilyChannel]

Thank you Percy! Congrats on making the decision to add solar to your home!

[@TeslaFamilyChannel]

Hi Percy! Following up with you on your order. What stage are you at in the process now? Close to installation?

[@percyjen6490]

Do you wish you held the Telsa stock?

[@TeslaFamilyChannel]

Knowing all that we know now about the stock, YES I wish I held. That same stock would be worth 5 times what it was worth back in June 2020. But having no bill for my solar panels is also nice.

[@hammadmosc05]

I’m looking at the 12.24 kW system. It is priced at 24,600. With the 26% tax credit, it should be 6.396 but Tesla has 4,105 where it says tax credit it. Why the discrepancy? Also, the TRECs are very low balled at 8,8xx vs what another solar installer priced them at. Any thoughts?

[@TeslaFamilyChannel]

Thanks for watching! I can't speak specifically on your quote but I suggest calling/emailing Tesla Energy customer support to ask why there is a discrepancy. For SRECs, you can opt out of taking the credit and sell yourself or find your own broker if you like. I did since my SREC credit offer was too low as well.

[@TeslaFamilyChannel]

If you have any other questions please let me know. When you do decide to order, Please order through my referral link for a $100 award after your system is activated. www.tesla.com/referral/shawn68886

[@TeslaFamilyChannel]

I think I figured out the difference in your tax credit calculation. The tax credit is applied to the cost AFTER the Solar Renewable Energy Credit not before. That's why you saw the lower tax credit. Hope that helps

[@hammadmosc05]

Tesla Family Channel that’s exactly what they did, I called Tesla and asked them to; when I asked them why are they doing it like that - they had no explanation at all. The federal tax credit comes off the full price of the system regardless of any state incentives. The TRECs/SRECs are earned depending on the production of the system and then the customer trades the certificates in. I think Tesla is trying to handle these certificates themselves so they give the consumer a fixed price and takes the rest. My thoughts on it anyway. Thanks

[@TeslaFamilyChannel]

Yes, Tesla offers you a one time upfront SREC credit. It's certainly less than what you can do if you decide to sell the certs on your own but some don't want to deal with that and would rather have the money up front. I declined for my system and will be selling SRECs on my own.

[@hanzelnuts8446]

What panel brand did you get and the inverter? Thanks for the video. Did you refer yourself for the incentive when you got the solar panel?

[@TeslaFamilyChannel]

Thanks for watching! Hanwha Q-cells 315 watt panels from Tesla with a Solar Edge string inverter. Tesla now offers 340 watt panels. I did refer myself for the incentive but have yet to see a check. It might not work to refer yourself. Best to use another code to be sure you get at least $100. Check out my Installation video for more info on my system.

[@KaceyGreen]

Hopefully we get everything together in time for the credits

[@KaceyGreen]

it was very helpful on the first house

[@TeslaFamilyChannel]

Good Luck Kacey!

[@KaceyGreen]

@@TeslaFamilyChannel thank you 😊

[@KaceyGreen]

First Powerwall was delivered Friday, the rest will need to wait for us to have some door keys

[@2006mrderrickh]

Thank for the information. I was wondering if you are able to pay with a credit card for those reward points/cashback.

[@TeslaFamilyChannel]

Thanks for watching! Yes, was nice to get the CC points by paying for my solar system!

[@JithinJose2]

YOu sold stocks too early

[@TeslaFamilyChannel]

Thanks for watching! Yes, I did sell too early but now I have a nice solar panel system. I'm not sure anyone would have known what direction TSLA would be moving between May and Sept. Glad it's up!

[@Borkowski.R]

Congratulations on your new system. [Edit] I just watched your other video where you decided not to get PowerWall. Still, I'd like to share the link to the Maryland Energy Storage Income Tax Credit. MD provides in addition to Fed Tax Credit an additional 30% MD tax credits you can apply towards you total cost of PowerWall installation. Here is a link with all the details. energy.maryland.gov/business/Pages/EnergyStorage.aspx

[@TeslaFamilyChannel]

Thanks for sharing Robert! I wish I knew about this credit back when I ordered my panels. I likey would have ordered the Powerwalls to go along with. They are still on my buy list to add to my system!

[@Borkowski.R]

I believe it's a simple Facility Transfer. SRECTrade application does it efficiently. Try calling their support, I had good experience anytime I called them with questions.