Ken45101
Elite Member
- Joined
- Feb 14, 2009
- Messages
- 3,679
- Location
- southern Ohio
- Tractor
- Kubota M5040, M9540, B21 TLB, B2710, RTV900, JD 325 Skid steer, KX-121-3 mini excavator
I think this argument might be a little overstated Ken. At some point the system should pay for itself. The programs will create a market that overtime will drive down equipment costs. And not having to add capacity keeps everyone's rates lower.
Sure, it's simplified, but maybe not overstated. At the end of 30 years, you still have the original money paying interest if invested. OTOH, I doubt that a physical solar energy system will live for ever and will need expensive repairs and upgrades.
You could also be wrong about it lowering people's rates. If everybody installs solar systems, electric company rates might actually INCREASE. Why? Because they still have to have the power plants built and sitting there idle, but capable of cranking out full power on a ten below zero night when no one's solar units are putting out a single watt. Amortizing a power plant that only gets used occasionally will increase the rates, not lower them.
Of course it depends on the location. Some places have their peaks on summer afternoons when solar will help. Other locations have their peak needs on cold winter nights.
Ken