3 in 1 Roof Ready to take on Tesla in Solar Roofing Market
Tesla made a big media splash last year by announcing its acquisition of SolarCity for roughly $2 billion, and the related unveiling of its so-called solar shingle. While CEO Elon Musk touted cost savings and the promise of creating an aesthetically pleasing roof that ultimately saved homeowners money while reducing their environmental footprint, certain specifics on pricing and technology largely remain a mystery. Production and installation won’t happen until 2018, giving others an opportunity to test the market with their latest solar innovations.
Ft. Lauderdale-based 3 in 1 Roofing is taking advantage of the opportunity by directly taking on Tesla’s claims of cost and energy efficiency. Using Tesla’s own cost calculator available on its website, 3 in 1 Roofing officials estimate their cost per square foot for a reroof is roughly $11 less than Tesla’s, according to a news release.