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To: Vince Ferrer
They won't because they'll be economically dead in the water without subsidies. Musk (Solar City) has walked away from Arizona, is ditching Nevada, and New Mexico's market is collapsing.

Despite Tax Credit Extension, Threats Facing SolarCity Corp Are Far From Over

"..Residential solar companies present themselves as low-risk companies with long-term contracts, but they may not be as safe as they appear. The savings they provide to customers are built on energy policies that are under attack and won't likely last for long. Even California is building its plan for Net Energy Metering 2.0, which won't be as friendly to solar companies as NEM 1.0 was -- something investors will want to consider before going all-in on rooftop solar..."

14 posted on 02/06/2016 11:31:15 PM PST by Cincinatus' Wife
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To: Cincinatus' Wife; All

If the electric company would pay me for the extra electricity I could produce with solar panels, I might put some up. Now they only apply a credit toward an existing bill. I have large nearly flat roof and very low electrical usage. Of course, it would be reasonable for a deduction for management expenses, perhaps 30%.


18 posted on 02/07/2016 12:09:26 AM PST by gleeaikin
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