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The US taxpayer just wasted another $6 billion to prop up a failing industry.
1 posted on 10/12/2011 4:11:13 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

This is why Obama is shutting down all other sources of electricity or making them so expensive as to make solar competitive.


2 posted on 10/12/2011 4:20:58 AM PDT by G Larry (I dream of a day when a man is judged by the content of his character)
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To: Oldeconomybuyer

It seems to me that if solar power had any practical application, it would be in large plants or warehouses that have many thousands of square feet of roof space, especially in the south or southwest. You never hear of that, so I suspect that it just isn’t economically feasible.

But do-gooders sure do love to hype solar as the be-all, end-all.


3 posted on 10/12/2011 4:26:07 AM PDT by GadareneDemoniac
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To: Oldeconomybuyer

When you do a cost amortization of going Solar, you are looking at 10+ years before you break even. Of course, this assumes some very critical things.

For instance, will technology advance and your system will be woefully over-priced and inefficient; thus have to be replaced before you break even?

Will a hale/wind storm take out your investment? Will insurance replace it?

Will it truly work ‘as-advertized’?

Will the cost of electricty go up, to justify the cost of this addition?

Will you have a job in ‘x’ months, so you can keep your home, and realize a gain on your investment?

With the economy as it is, and solar energy efficiency and technology where it is - it’s nearly impossible to make a compelling reason to switch now.


4 posted on 10/12/2011 4:26:30 AM PDT by zlala
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