Posted on 09/15/2011 11:50:31 AM PDT by Oldeconomybuyer
Been hearing a lot of radio ads around Albany, NY regarding Solar City, another Solar company. Albany has an averages about 53% of available year round sunshine and the shortest day of the year us a 9 hours and 3 minutes. It appears that Solar City locks you in to purchase Solar panels for years. Since the days are really short in the winter it would not appear that the payback period will NOT work out very well but will check it out. They entice potential customers by dangling tax credits as discounts.
Will check further.
http://news.cnet.com/8301-11128_3-9907982-54.html
Yep. Straight A’s.
For me, it's the idea that the President - any President - is playing venture capitalist. If I wanted to invest in a start up, I can do that myself. There's also the "moral hazard" concept. It has been removed in this case just like in the case of bundling mortgages and pawning them off on investors.
>> For me, it’s the idea that the President - any President - is playing venture capitalist.
Absolutely.
In my post I may have implied that that concept was okay. It isn’t. My bad.
I just read about lease arrangements where the solar company retains ownership of the panels .. they get much better incentives/rebates than homeowners ,, they also get a higher price for electricity sold back to the power company .. you get a fixed percentage of electricity sales .. low down $$$$ ..
‘Fast & Furious’ & Solyndra & would be enough to impeach any White President !!
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