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Report: Solar savings through a SolarCity residential system
Having limited winter daylight hours combined with snow covered rooftops doesn’t make for good check out my huge solar savings conversation this month. But putting that aside, the overall economics behind my solar system tells a far greater story.
If you’ve been following along, you’ll recall that my journey with installing a SolarCity system dates back to late 2014. My system consists of 69 panels at 255W each for a total of 17.6kW (more specs on the system can be found on my Solar Generation page).
Solar Pricing
Massachusetts Electricity prices having been rising at approximately 9.5% year-over-year since 2008. When I started with SolarCity, my electricity price was set at $0.1627 per kWh including delivery, supply and taxes. Prices have continued to climb as seen on this chart.
The state went through a fun over-inflation and correction period in 2015, but the current rate I’m paying for electric is $0.1906 kWh with the best supplier I can find.
SolarCity sets their Power Purchase Agreement (PPA) prices based on your current electricity usage and comparable rates for the area that’s receiving their solar system. I had a number of options when I signed up including a variable rate, a fixed rate and an outright purchase but ended up opting for a 20-year fixed rate plan at $0.1420 kWh.
The way the PPA plan works is that I pay $0.1420 for every kWh generated by the SolarCity panels. The kWh they generate offsets the electricity I would consume. My savings initially worked out to be a difference of $0.0207 kWh or approximately 13% less. Recent savings have been in the $0.0486 kWh mark, or 25%, helped by the rise in electricity rates from utilities.
I incurred no installation or service costs when first setting up my SolarCity system, hence my entire cost for set up is based on the amount of power generated at $0.1420 kWh.
Affiliate: Get a solar cost estimate and find out how much solar can save for your home and business in your area.
Solar Costs
In the last 22 months, I’ve generated a whopping 33.8 MWh (33,800 kWh) of power. My cost for that was $4,800. The SolarCity bill will fluctuate depending on the amount of daylight hour and weather conditions.
In that same period, my electric company reported that I used 23,800 kWh of power. Since the solar power offsets that amount, my actual power use for those 22 months was 57,600 kWh — I use a lot of power between my Tesla, pool, A/C and other electronics we have throughout the house.
About 59% of the power I need for my house and my Tesla comes from my SolarCity system. I wanted a system that could cover 100% of my needs but National Grid (local electric company) blocked that.
For the 23,800 kWh I purchased from the electric company, I paid $4,595, or $0.1930 kWh (averaged over the 22 months). My total electric cost (money paid to electric company and to SolarCity) for the 22 months was $9,395 or about $427/month.
While I consume a lot of power, 59% of it is provided by the sun.
Solar Savings
When I first signed up with SolarCity, they provided a $1,000 bonus if you registered for a solar system after buying a Tesla. That’s what I did and that’s how I received my $1,000 check form SolarCity.
They also had a referral program at the time which credited you with $250 for each person that signed up for a new system. I managed to get one referral and one more check from SolarCity.
All in all, I started 22 months ago with no money down and $1,250 in my pocket and a nice new solar system on my house. Not a bad start!
Had I purchased all my power from my electricity company at the average of $0.1930 kWh it would have cost me a total of $11,117. But thanks to SolarCity, my total cost was $9,395, so my savings was $1,722 over the 22 months. I expect savings and solar benefits will continue to grow over the next 20 years as the electric company continues to raise their rates.
SolarCity doesn’t fully capture the amount of savings that can be had through their system since the initial quote is based on current electricity rates, at the time of the quote. Rates climb over time especially in dense urban areas.
My savings thus far has been more than twice the amount SolarCity originally outlined! Now, if we add in the referral checks, my savings goes up to $2,972. The referrals don’t necessarily scale over time and may get updated so that needs to be factored into the equation.
Summary
For no money down and no risk, I’ve saved about $3,000 in just under 2 years (27% of what I would have paid) while generating green energy and taking load away from an already overloaded power grid.
When I did the math before signing up I knew the system would be a good deal and I’m very happy to see the results proving out. Since I’m on the power purchase program, I don’t have to worry about equipment depreciation, loss in solar cell effectiveness over time (I only pay for what they generate) or a whole slew of other things. By the time my plan is up, much better systems will be available.
If you’re interested in exploring solar power for your house and have enjoyed my posts thus far, please consider using my referral link to get started. SolarCity will do a free analysis of your situation and let you know if a solar system may work for you: share.solarcity.com/teslaliving
May the Sun be with you!
Tesla welcomed JPMorgan analysts to one of its factories earlier this month, with the Wall Street firm highlighting its findings in a new note to investors. One of the more pertinent pieces of information is that Tesla admitted to slowly integrating Model Y vehicles into its Robotaxi fleet, but it has a good reason.
JPMorgan analysts recently toured Tesla’s Fremont Factory and met with the company’s investor relations team, emerging with a clearer picture of the automaker’s Robotaxi strategy. According to the bank’s note, Tesla is intentionally limiting the addition of Model Y vehicles to its existing Robotaxi fleet.
The firm’s analysts said:
“Tesla indicated it is intentionally holding back on adding Model Y units to the robotaxi fleet, expressing confidence in its ability to scale Cybercab in the near-term. On FSD V15, Tesla views this release as a step-change in performance, comparable to the leap from V13 to V14. The V15 upgrade encompasses seven core technologies, with ~40% of those currently being tested in the robotaxi fleet, where initial feedback has been encouraging.”
JPMorgan after meeting with Tesla recently in Fremont:
“Tesla indicated it is intentionally holding back on adding Model Y units to the robotaxi fleet, expressing confidence in its ability to scale Cybercab in the near-term. On FSD V15, Tesla views this release as a step-change… pic.twitter.com/W9yGCWRT3C
— Sawyer Merritt (@SawyerMerritt) August 20, 2026
Far from signaling delays or doubts about autonomy, the move reflects strong management confidence in the near-term scalability of the purpose-built Cybercab.
Tesla has operated its Robotaxi service primarily with modified Model Ys since launching in Austin and expanding to other markets. Yet the company is now deliberately holding back further Model Y conversions. The rationale is straightforward: leadership believes the Cybercab, a two-seat, steering-wheel- and pedal-free vehicle optimized for high utilization, can ramp production and deployment more efficiently in the coming months.
This dedicated form factor promises better unit economics for the majority of rides, which typically involve one or two passengers, while freeing consumer Model Y inventory for retail sales.
Supporting this pivot is Full Self-Driving (FSD) software version 15, which Tesla describes as a genuine step-change in performance, comparable to the leap from V13 to V14. The update incorporates seven core technologies; roughly 40 percent are already undergoing real-world testing in the current Robotaxi fleet, with early feedback described as encouraging.
Tesla is carefully managing software development to minimize regressions in core driving functions as new capabilities are added. Management positions V15 as the primary gateway to scaling unsupervised FSD. Importantly, the existing AI and Hardware 4 stack is already capable of running V15 and supporting unsupervised operation.
Cybercab itself is only the first vehicle on the platform. Tesla reiterated that additional form factors will follow, pointing to concepts such as the earlier “Robovan” demonstration as examples of how the architecture can evolve.
Tesla’s mysterious Robovan makes a sneak peek with Optimus in Terafab video
Parallel progress continues on the Optimus humanoid robot, which remains on track for start of production in the coming months, with commercial sales possible as early as the second half of 2027. Generation 3 details will be revealed closer to production to preserve competitive advantages, while Generation 4 scope will draw on real-world Gen 3 experience.
JPMorgan left the meeting with a deeper appreciation for Tesla’s manufacturing automation and maintained its $475 price target. The decision to slow Model Y Robotaxi integration is therefore not a setback but a calculated prioritization of a more efficient, purpose-built solution that management believes is ready to scale.
SpaceX CEO Elon Musk announced today that the company will likely attempt to catch the Starship upper stage with its launch tower arms “in a few months.”
In a post on X, Musk wrote, “Looks like we will probably catch the ship with the tower in a few months. If there had been a tower out to sea where we practiced landing the ship, it would have been caught.” He added that the first reflight of a Starship vehicle is expected by the end of 2026 or early 2027, describing it as “a fork in the road of history for consciousness reaching the stars.”
Looks like we will probably catch the ship with the tower in a few months. If there had been a tower out to sea where we practiced landing the ship, it would have been caught.
First reflight of the ship will be either end of this year or early next. That will be a fork in the… https://t.co/O5g9pqrzyo
— Elon Musk (@elonmusk) August 20, 2026
Musk’s prediction comes amid ongoing progress toward full reusability of the Starship system, a two-stage rocket designed for rapid turnaround and dramatically lower launch costs. Catching the upper stage, known simply as “ship,” with the Mechazilla tower’s mechanical arms would mark a major milestone. It would allow both stages to return directly to the launch site for quick refurbishment and reuse, eliminating the need for ocean recovery.
Musk has previously signaled plans for a ship catch. In July, shortly after SpaceX’s wildly successful Starship 13 mission, he stated that the company would attempt to catch the ship with the tower on the next flight unless problems emerged in the mission data review. Earlier comments also outline conditions such as successful soft ocean landings before attempting a land recovery to minimize risk.
SpaceX has solved Starship’s biggest challenge, Elon Musk says
The latest update from Musk adjusts this timeline to a few months, reflecting the iterative nature of the test campaign.
SpaceX has already demonstrated the tower catch technique successfully with the Super Heavy booster on a couple of occasions. The first successful booster catch occurred during Flight 5 in October 2024, when the massive first stage returned to the Starbase pad in Texas and was plucked from the air by the tower arms.
Additional catches followed on later flights, including Flight 7, proving the concept for the booster and building confidence in the system as a whole.
Achieving a similar catch for the upper stage would represent a significant step forward. The ship returns from much higher speeds and greater heat loads after orbital or near-orbital flight. Success would advance SpaceX’s goal of full and rapid reusability, potentially reducing the cost of access to orbit by a factor of 100 or more and supporting ambitions for frequent satellite deployments, lunar missions, and eventual Mars flights.
Musk has long emphasized that true reusability, refueling rather than discarding hardware, is essential for making humanity a multi-planetary species.
As SpaceX continues refining Starship through successive test flights, the coming months will test whether the ambitious catch timeline can be met. The combination of prior booster successes and improving ship landing precision suggests the company is steadily closing in on this historic capability.
SpaceX has achieved an incredible milestone by launching its 11,000th Starlink satellite into orbit.
This accomplishment occurred during the Starlink Group 17-50 mission, which lifted off on August 19 at 04:01 UTC from Space Launch Complex 4 East at Vandenberg Space Force Base in California.
Falcon 9 launches 24 @Starlink satellites from California pic.twitter.com/UscpmAxDls
— SpaceX (@SpaceX) August 19, 2026
A Falcon 9 rocket carried 24 Starlink V2 Mini satellites on this flight, successfully deploying them into low Earth orbit approximately one hour after liftoff. The first stage booster, identified as B1097 on its twelfth flight, landed successfully on the droneship Of Course I Still Love You in the Pacific Ocean.
According to tracking data compiled around that date, this deployment brought the total number of Starlink satellites in orbit to just over 11,000.
The Starlink program began with test satellites known as Tintin A and B, launched on February 22, 2018. The first operational batch of 60 Starlink satellites followed on May 24, 2019, when a Falcon 9 rocket lifted off from Cape Canaveral. Those initial satellites marked the start of a rapid expansion that has continued for more than seven years.
SpaceX has conducted hundreds of dedicated Starlink missions since then, routinely launching batches of 20 to 30 satellites at a time using reusable Falcon 9 rockets. By mid-2026, the company had already surpassed 12,000 total satellites launched across all versions, with continuous replacements for units that deorbit as designed to manage space debris.
Looking ahead, SpaceX continues to expand the Starlink constellation to enhance global broadband coverage, capacity, and speed. The network already serves millions of users across more than 160 countries and supports applications ranging from residential internet to maritime, aviation, and emergency services.
Future plans center on next-generation hardware, including larger V3 satellites capable of delivering substantially higher throughput, which require the increased payload capacity of the Starship vehicle currently under development and testing.
In July, SpaceX submitted an application to the Federal Communications Commission seeking authority for a Gen3 constellation of up to 100,000 satellites. These spacecraft would operate in very low Earth orbit shells at altitudes near 325 kilometers and 475 kilometers. The filing requests use of existing Ku, Ka, V, and E band spectrum along with new greenfield W and D band frequencies between 92 and 275 GHz.
SpaceX states that the expanded system aims to deliver multi-gigabit symmetrical broadband to consumers, enterprises, governments, and billions of AI-powered devices worldwide while handling a majority of global internet traffic. Approval and subsequent deployment would depend on regulatory review and the operational readiness of Starship for high-volume launches.
This ambitious scale reflects SpaceX’s ongoing commitment to providing ubiquitous high-speed connectivity from space.
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Tesla admits to slow Model Y Robotaxi integration, but for a good reason
Elon Musk gives a timeline for SpaceX’s first Starship catch attempt
