Tesla’s New Lease Program: Low Costs, Big Energy
Tesla just dropped a major update to its home energy lineup: a new lease program for solar and Powerwall 3 in the U.S. It’s designed to make clean energy easier and cheaper to access—no massive upfront payments required.
If you’ve been holding off on going solar, this could be your moment.
Start with $600 — Or Less
Tesla’s new offer drastically cuts the barrier to entry. You can now lease solar panels for 25 years and Powerwall batteries for 12 years.
- Solar lease starts at $600 upfront
- Powerwall starts at just $100
You only start paying after installation and utility approval. That means no payments until your system is actually up and running.
No Ownership, But All the Perks
In this model, Tesla owns the equipment, not you. But that’s the catch (and the benefit).
Tesla gets the tax credits and incentives, then passes those savings back to you with lower monthly payments. It’s not as financially beneficial long-term as owning, but it’s cheaper upfront and easier to manage.
Locked-In Monthly Rates, No Surprises
Your monthly payments are fixed for the full lease term—a huge win as utility rates keep rising. Tesla also guarantees 95% system uptime, reviewed every two years.
All maintenance, repairs, and replacements? Tesla handles it. That includes inverters and even the Powerwall battery itself.
You Can Buy It Later (Or Not)
After five years, you can choose to buy out your system. Pricing is clear from day one, written into the lease.
Don’t want to buy? You can extend your lease, or have Tesla remove the equipment (for a fee). And if you sell your house, you can transfer the lease—or pay it off directly via the Tesla app.
Solar, Powerwall, or Both?
- Solar-only leases run 25 years
- Powerwall leases run 12 years
- Each comes with a 3% yearly price escalator
Whether you pick one or both, Tesla’s got you covered.
Why This Matters
Energy prices are rising. Weather is getting worse. People want backup power they can trust. This new lease program gives homeowners a real path to clean energy independence—with almost no financial friction.
Tesla is making solar and Powerwall not just for the wealthy, but for everyone ready to make the switch.
