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Solar Power Monitoring and Billing through SolarCity
After experiencing some growing pains with my SolarCity installation, I’m happy to say that I’ve been up and running since February 23rd of 2015 and ready to share my experiences with how the system is monitored and billed.
Savings
The savings on your electricity bill begin immediately after installation of your SolarCity system, and affects both the supply and delivery portions of your bill.
Savings can be pretty dramatic depending on the size of the system and, obviously, how much sunshine your region experiences. The following utility bill is a great example of how I was able to reduce my energy dependence from the grid by over 90%.
However, despite the reduction in energy needs from my utility company, the cost is not directly proportional to the amount of energy used. Here’s why.
Billing
Having such a drastic reduction in kWh needed from the grid actually comes with a price. Almost everyone who signs up with SolarCity opts-in to a Power Purchase Agreement (PPA) which means you pay nothing upfront (for the gear, install etc.), but you pay SolarCity for every kWh their system generates. That rate can be variable or fixed. I pay a fixed rate of $0.1420 per kWh generated for 20 years. That may sound high to you but considering my local electricity rate is $0.2470, I’m saving 43% per kWh.
It takes SolarCity some time to get up and running with their billing system. For me it took them 3 months to send me the first bill and because of that I received a hefty bill (thankfully late winter months) for all 3 months in one shot. After that, the bills arrive monthly (note that SolarCity requires EFT/Autopay to be set up).
The bills are simple and only state the amount of kWh generated, the rate you pay, and the total amount owed.
SolarCity collects data generated through their system via a standard internet connection, which they also use for billing purposes. On the first (large/3 month) bill I received, I noticed a difference of 10% (additional cost for me) between the billed amount and the amount the system had reported being generated so I naturally brought this to their attention. The customer service folks that I spoke with weren’t of much help and just told me to read each the meters at the beginning and end of each month if I truly want an accurate reading of how things get billed. So, that’s what I did.
Since inception I’ve saved $320 (over roughly 3 months) or about 42% off what I would have paid National Grid. And the system cost me nothing to install (I actually got a $1,000 Tesla-owner check from them).
They also have an estimated cost savings on the front page when you log in but it’s totally incorrect:
The mistake they made here is that they’re assuming your electricity rate doesn’t change over time. My electricity rate rose significantly after I signed up for SolarCity and because of that I’m getting a larger savings than what they’re reporting.
Monitoring
Monitoring happens online through MySolarCity.com. The interface is geared more towards new referrals than for actual owners of their system. The section I use most often is the Power Guide.
Power Guide gives an hour by hour break out of your energy generation along with the weather pattern for that day (ie. how much daylight, cloud coverage …). Hovering over each colored bar will show you the energy generated per inverter. The data can be downloaded in a CSV format and then imported into Numbers or Excel for your own post processing.
If you have multiple inverters, the CSV data for the day is a bit of a pain to analyze since it also includes the energy generated every 15 minutes per inverter.
Power Guide also includes a summary for the year.
The platform also provides a view of your energy generation as it happens in real-time which updates continuously.
Having this features allows you to watch the sun rise and set as viewed through the perspective of your panels which is kind of fun.
It’s not totally accurate as I’ll see data from certain days which look completely off.
API – Not
I’ve set up automated tweets for detection of Tesla Superchargers in real-time and decided to the same by sharing my SolarCity data through my home-grown program that fetches the data from Power Guide and then tweeting it.
It would be really nice if SolarCity decided to create a simple REST API that would allow owners to fetch their data.
Summary
SolarCity makes a lot of sense when it comes to cost savings and they’re able to provide this with no upfront cost to the owner. One needs to analyze the effective savings based on the cost incurred when generating energy through the SolarCity system versus your electricity cost, and then decide if the savings is worth the hassle. I’d recommend filling out their contact form and sign up for a consultation to get started.
The billing and monitoring side of SolarCity could definitely use some improvement, and hopefully this will improve over time as the business continues to grow.
I hope this post and series has been helpful. Let me know if you have any questions or thoughts in the comments below.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
In early 2026, Tesla made a bold strategic pivot: it largely eliminated the option to purchase Full Self-Driving (FSD) software outright and shifted to a subscription-only model. The change, effective around mid-February, ended the one-time fee that had previously ranged as high as $15,000 and later dropped to $8,000. Instead, customers would access FSD (Supervised) for $99 per month in the U.S.
At the time, skeptics questioned whether locking customers into recurring payments would hurt adoption or alienate buyers who preferred ownership of the feature. Tesla bet that a lower barrier to entry, seamless integration at purchase, and the ability to cancel at any time would drive higher uptake.
The results from Q2 2026 speak for themselves: the decision has been a resounding success, delivering the largest quarterly growth in FSD subscriptions in the company’s history.
Tesla FSD subscriptions went up 56% in Q2 2026 to 1.48 million, an increase of 200,000 from Q1 2026.
Tesla added more FSD subscribers in Q2 than in any quarter in its history. pic.twitter.com/jTciTD2JqW
— Sawyer Merritt (@SawyerMerritt) July 22, 2026
According to Tesla’s Q2 shareholder update, active FSD subscriptions reached 1.48 million globally by the end of June 2026. That represents a 56 percent increase year-over-year and a 15.6 percent jump from the prior quarter. Tesla added roughly 200,000 new subscriptions in the period alone—the biggest single-quarter gain on record.
North America led the charge, with more than 55 percent of new vehicle deliveries including an FSD subscription at the time of purchase, a record attach rate for the region.
Tesla explicitly noted that “more customers [are] opting for subscription at the time of vehicle purchase,” crediting the model shift and prominent placement of the option in the ordering process. Subscriptions now contribute meaningfully to ancillary revenue, helping offset pressure elsewhere in the business.
The financial upside is substantial: At $99 per month, 1.48 million active subscriptions generate approximately $146.5 million in monthly recurring revenue. Over a full year, that equates to roughly $1.76 billion in annualized recurring revenue (ARR) from FSD subscriptions alone, assuming steady retention and no major pricing changes.
These figures represent pure, high-margin software revenue. Unlike vehicle sales, which carry production costs, warranty obligations, and supply-chain risks, FSD subscriptions flow largely to the bottom line once the software is developed and deployed over-the-air.
Tesla does not break out exact FSD subscription revenue in its filings (it sits within “Services and Other”), but the category grew 50 percent year-over-year in Q2, with executives highlighting subscriptions as a key driver.
The subscription model offers several structural advantages. It lowers the upfront cost of a new Tesla, potentially broadening the buyer pool and supporting vehicle demand, especially important amid fluctuating EV market conditions. It creates a predictable revenue stream that compounds as the fleet grows and more owners try (and stick with) the software.
Legacy one-time purchasers still exist, but new growth is overwhelmingly subscription-based following the February cutoff.
Early data also suggests improving retention and satisfaction, as well. Tesla has rolled out iterative FSD updates, including v14 features, and expanded availability to additional markets. Recent regulatory approvals in parts of Europe have further boosted interest, with owners in newly enabled countries eager to activate the software they had been waiting for.
FSD is still supervised; regulatory hurdles for true unsupervised autonomy persist in many regions, including the United States, and competition in advanced driver-assistance systems is intensifying. Yet the Q2 numbers validate Tesla’s bet: by removing the large upfront commitment and making FSD accessible via subscription, the company has accelerated adoption faster than many anticipated.
What began as a controversial switch-up has become a clear win. With nearly 1.5 million subscribers, record attach rates, and nearly $1.8 billion in potential annual recurring revenue already in view, Tesla’s FSD business is transitioning from a promised future to a tangible, fast-growing profit engine.
If the momentum continues, and especially if unsupervised capabilities unlock robotaxi opportunities, the subscription flywheel could become one of the most valuable assets in Tesla’s portfolio.
Tesla Robotaxi is among its biggest projects currently, but many have been quick to point out the fact that the company has definitely been slow to expand its fleet.
However, there is definitely a method to that madness. CEO Elon Musk answered several concerns during last night’s quarterly earnings call that some might have about that slow rollout of the Robotaxi suite, maintaining the company’s narrative on prioritizing safety and wanting to avoid injuries to anyone, including animals.
Musk said:
“With Robotaxi, our goals are very ambitious for Robotaxi, but we do need to be cautious about causing any accidents or causing any harm to anyone. Although there are, I think, 30,000 to 40,000 automotive deaths per year in the U.S. alone, most of those do not generate any press or maybe, you never really read about almost any of those. If we injure even one person, it’ll be worldwide headline news, and regulators will immediately clamp down on our activities.
We don’t want to injure anyone. We’re going as fast as humanly possible in scaling Robotaxi, but while trying to ensure that we do not harm anyone at all, and ideally do not even run over a pet. That’s really the constraint is we want to grow as fast as possible with Robotaxi without harm to anyone.”
Tesla has maintained an exemplary safety record with its Robotaxi suite, according to internal data. VP of AI, Ashok Elluswamy, said that the Robotaxi suite has driven more than 380,000 miles unsupervised without any incidents.
0 notable incidents across over 380,000 miles traveled by Robotaxi
— Tesla (@Tesla) July 22, 2026
Analyst Colin Langan of Bank of America also pushed Tesla executives for answers regarding the company’s decision to add cities across several states with dozens of vehicles “as opposed to hundreds.”
Elluswamy said there’s a bigger advantage to do it the way Tesla has been because it ensures that its software stack “is a very general one:”
“The reason we have been expanding across different cities instead of just doubling down on a single city, is that we want to make sure that our stack is a very general one. It is a general one. We just want to both prove to ourselves and to other folks that it is working across a lot of different cities without too much effort per city. That’s what we see internally.”
In the past, we have written about Tesla’s decision to be incredibly conservative with its Robotaxi rollout, especially with the incredibly small fleet size compared to competitors. However, there really is not a price anyone can put on safety for those utilizing the platform or pedestrians, so what Tesla is doing is justified.
A year into the Robotaxi program being active, Tesla has made major strides, but many investors and fans would like to see the fleet expand as quickly as the program has to other cities and states.
Google’s massive stake in SpaceX will shock you
Tesla’s switch-up on selling Full Self-Driving has paid off big time
