Going Big on Tesla Model Y Home Charging
*Editors Note* We just switched from Mailchimp to Substack which is why this may look a little different. I’ve been going deep on how Bitcoin and home energy combine together and this is a post on that. If it’s not interesting, hit the opt out and I’ll talk to you more soon!
You have the ability to cover all the energy needs of your car. All of the empty space on your roof has the ability to do this. The solar industry has bought the utility company framing that the ROI of home solar is bad or at best takes multiple years to “pay back”.
I think about the whole concept from more of a month to month cash flow perspective.
In order to see if solar is a good deal for you, do this simple equation.
Add together how much you spend on gasoline for your car per month and how much you spend on electricity at your house per month.
Get multiple solar quotes for covering your entire roof with solar panels and a home battery. Get the monthly payment on the lowest rate longest term financing they offer.
Is the monthly payment for the solar energy capital improvement to your home less than the monthly combination of gasoline and electricity?
I’m willing to bet the answer is yes and that’s how you lock in monthly savings from day one and stop renting your energy and stop riding up and down on market rates for energy.