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re: Rooftop Solar is about to collapse -Time Mag.
Posted on 1/29/24 at 10:22 am to Smeg
Posted on 1/29/24 at 10:22 am to Smeg
quote:
They do when you realize he paid $5k for his panels and the government paid the other $25k. He thinks it's a great deal because he isn't factoring the other $25k they actually cost, since it didn't come out of his pocket.
I admit my ignorance on this subject, but if it only cost him 5K out of pocket then isn't his statement true and your false?
Posted on 1/29/24 at 10:26 am to SouthEndzoneTiger
quote:
I admit my ignorance on this subject, but if it only cost him 5K out of pocket then isn't his statement true and your false?
No, it just means you're stupid. The panels cost $30k and will never yield $30K+ in savings. When the government wastes tax dollars to supplement the costs - it's a "good deal" to the person receiving the handout but an overall waste of money because the total cost exceed the benefits.
Once the government stops subsidizing them, no one will buy them, because they are a waste of money.
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