Full of it? U must sell solar. Solar for electricity generation is a joke.
That new technology, nuclear, is the way to go.
/johnny
I’ve seen the guys who work at Wal-Mart down the way.
Pretty sure I want them with solar or wind, not fissionable material.
I am not sure about this project but residential solar if you are on the grid is a joke. Consider the basics of a solar system for my home in the Denver area. A 4.2 KW system costs about $33,000 with anticipated electricity cost savings of $700 per year yielding a pay back period close to 50 years. The system seems to be a poor way to generate electricity unless you are off the grid.
Now consider the enormous subsidies. After subsidies from the power company and tax credits, the cost is under $8,000. The power company must offset your electricity usage. With artificially rising electricity rates, the system looks a little promising.
As I understand from discussions with a contractor, residential solar is a long, long way from economic viability. He said small incremental efficiency increases occur every year but he did not see any major improvements on the horizon. I understand their are technologies that will reduce the cost but not improve efficiency much.
It is simply outrageous that residential solar is given huge subsidies. It is a prime example of the waste of scarce capital on politically favored (but economically non viable) energy production.