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Solar Power Monitoring and Billing through SolarCity

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solarpanels runningAfter 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%.

Before and After SolarCity

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.

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SolarCity Bill

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:

SolarCity Estimated Cost Savings

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.

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SolarCity - Day

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.

SolarCity - Month

Power Guide also includes a summary for the year.

SolarCity - Year

The platform also provides a view of your energy generation as it happens in real-time which updates continuously.

SolarCity - Live

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.

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It’s not totally accurate as I’ll see data from certain days which look completely off.

Odd Solarcity Result

API – Not

Automated Solar TweetsI’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.

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"Rob's passion is technology and gadgets. An engineer by profession and an executive and founder at several high tech startups Rob has a unique view on technology and some strong opinions. When he's not writing about Tesla

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Tesla gets price target increase on Wall Street, but it’s a head-scratcher

Delaney’s price target on Tesla shares went up to $395 from $300. Currently, Tesla is trading between $420 and $430, making the new price target from Goldman Sachs a bit of a head-scratcher.

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Credit: Cybertruck | X

Tesla (NASDAQ: TSLA) received a price target increase from a Wall Street analyst today, who noted in his report that the company’s shares could rise or fall based on its execution in robotics and autonomy.

However, the price target boost still fell below Tesla’s current trading levels.

Mark Delaney of Goldman Sachs said in a note to investors today that Tesla has a significant opportunity to solidify itself as one of the stable and safe plays in the market if it can execute on its two key projects: humanoid robots and autonomy.

In the note, Delaney said:

“If Tesla can have [an] outsized share in areas such as humanoid robotics and autonomy, then there could be upside to our price target.”

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Delaney’s price target on Tesla shares went up to $395 from $300. Currently, Tesla is trading between $420 and $430, making the new price target from Goldman Sachs a bit of a head-scratcher.

He went on to say that Tesla could also confront outside factors that would limit the stock’s ability to see growth, including competition and potentially its own lack of execution:

“…although if competition limits profits (as is happening with the ADAS market in China) or Tesla does not execute well, then there could be downside.”

The note is an interesting one because it seems to point out the blatantly obvious: if Tesla performs well, the stock will rise. If it doesn’t, the stock price will decline.

We discussed yesterday in an article that Tesla is one of the few stocks out there that does not seem to be influenced by financials or anything super concrete. Instead, it is more influenced by the narrative currently surrounding the company, rather than the technicals.

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Tesla called ‘biggest meme stock we’ve ever seen’ by Yale associate dean

Tesla’s prowess in robotics and autonomy is strong. In robotics, it has a very good sentiment following its Optimus project, and it has shown steady improvement with subsequent versions of the robot with each release.

On the autonomy front, Tesla is expanding its Robotaxi platform in Austin every few weeks, and also has a sizeable geofence in the Bay Area. Its Full Self-Driving suite is among the most robust in the world and is incredibly useful and accurate.

The company can gain significant value if it continues to refine the platform and eventually rolls out a driverless or unsupervised version of the Full Self-Driving suite.

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Tesla addresses door handle complaints with simple engineering fix

“We’ll have a really good solution for that. I’m not worried about it.”

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Tesla Model S self-presenting door handle
Tesla Model S self-presenting door handle (Credit: TesBros)

Tesla is going to adjust one heavily scrutinized part of its vehicles after recent government agencies have launched probes into an issue stemming from complaints from owners.

Over the past few days, we have reported on the issues with Tesla’s door handle systems from both the Chinese and American governments.

In China, it dealt with the Model S, while the United States’ National Highway Traffic Safety Administration (NHTSA) reported nine complaints from owners experiencing issues with 2021 Model Ys, as some said they had trouble entering their car after the 12V battery was low on power.

Bloomberg, in an interview with Tesla Chief Designer Franz von Holzhausen, asked whether the company planned to adjust the door handle design to alleviate any concerns that regulatory agencies might have.

Regarding the interior latch concerns in the United States:

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  • Von Holzhausen said that, while a mechanical door release resolves this problem, Tesla plans to “combine the two” to help reduce stress in what he called “panic situations.”
  • He also added that “it’s in the cars now…The idea of combining the electronic and the manual one together in one button, I think, makes a lot of sense.” Franz said the muscle memory of reaching for the same button will be advantageous for children and anyone who is in an emergency.

Regarding the exterior door handle concerns in China:

  • Von Holzhausen said Tesla is reviewing the details of the regulation and confirmed, “We’ll have a really good solution for that. I’m not worried about it.”

The new Model Y already has emergency mechanical door release latches in the back, but combining them in future vehicles seems to be an ideal solution for other vehicles in Tesla’s lineup.

It will likely help Tesla avoid complaints from owners about not having an out in the event of a power outage or accident. It is a small engineering change that could be extremely valuable for future instances.

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Elon Musk calls out viral claim of 10,000 Tesla Optimus deal: “Fake”

For now at least, Tesla seems determined to focus on the development of Optimus V3.

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Credit: Tesla Optimus/X

Elon Musk has provided some clarification to recent reports suggesting that PharmAGRI, a US pharmaceutical and agricultural infrastructure company, is looking to deploy 10,000 Optimus robots for its operations.

Musk posted his clarification on social media platform X.

Alleged Optimus purchase

Recently, reports emerged stating that PharmAGRI Capital Partners will be tapping into Tesla’s humanoid robots for its operations. The firm claimed that it had executed a Letter of Intent with Tesla to deploy up to 10,000 Optimus Gen 3+ humanoid robots across its SuperPharm and CEA facilities. This should allow the company to automate its labor and ensure diversion control.

A comment from Lynn Stockwell, Chairwoman & CEO, suggested that the company really was partnering with Tesla. “With Tesla robotics powering our facilities and DEA-licensed infrastructure in place, we can scale with precision, meet federal sourcing mandates, and deliver therapies that are compliant, secure, and American-made,” she said. 

Elon Musk clariies

News of PharmAGRI’s Optimus claims quickly spread on social media, though some Tesla watchers argued that it seemed unlikely that the EV maker will commit two legions of Optimus robots to a rather unknown company this early. Some pointed out that Tesla typically commits to high-profile customers to test its early products, such as PepsiCo with the Tesla Semi. 

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Photos from PharmAGRI’s website depicting Tesla Optimus bots, as well as the rather basic look of the website itself, also brought more reservations to the company’s claims. Ultimately, Elon Musk weighed in on the matter, responding to a post about PharmAGRI’s Optimus-filled webpage. Musk was quick and direct, simply stating, “Fake.”

Elon Musk’s comments were quite unsurprising considering that Optimus is still very much in active development, and thus, it is quite unlikely that the company is already taking orders or even Letters of Intent from potential customers at this time. For now at least, Tesla seems determined to focus on the development of Optimus V3, which Musk has noted will be “sublime.”

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