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Posted on 8/16/22 at 12:03 pm to nugget
quote:
You’re electrical or mechanical?
Mechanical, but got into the finance side after business school.
Posted on 8/16/22 at 12:03 pm to billjamin
ok. WTF are we talking about then? Residential solar isnt ready to stand on its own legs.
Posted on 8/16/22 at 12:04 pm to Vacherie Saint
quote:
ok. WTF are we talking about then?
You were talking about the market; he was not.
Posted on 8/16/22 at 12:05 pm to Vacherie Saint
quote:
ok. WTF are we talking about then? Residential solar isnt ready to stand on its own legs.
Are you arguing the tech is shite or that we shouldn't give be a one time tax break for investing in their own power generation?
Posted on 8/16/22 at 12:08 pm to billjamin
quote:
Are you arguing the tech is shite or that we shouldn't give be a one time tax break for investing in their own power generation?
To make this look affordable up front its subsidized by the american taxpayer. Its just more welfare.
Posted on 8/16/22 at 12:10 pm to dgnx6
quote:
To make this look affordable up front its subsidized by the american taxpayer. Its just more welfare.
Welfare is direct pay. You get an ITC to offset taxes you otherwise would have owed. If you don't have the tax burden, you don't get anything. It's no different than SALT deductions.
Posted on 8/16/22 at 12:12 pm to billjamin
You know what Im arguing. Stop playing games.
Residential solar, for the VAST majority of people doesnt pencil out in the US without substantial government intervention. That intervention is doing more to drive solar acquisition prices up than it is to stimulate the technology. The political impulse behind renewables has nothing to do with the environment, and everything to do with co-opting the energy economy.
Residential solar, for the VAST majority of people doesnt pencil out in the US without substantial government intervention. That intervention is doing more to drive solar acquisition prices up than it is to stimulate the technology. The political impulse behind renewables has nothing to do with the environment, and everything to do with co-opting the energy economy.
Posted on 8/16/22 at 12:14 pm to billjamin
quote:
Welfare is direct pay. You get an ITC to offset taxes you otherwise would have owed.
A rose by any other name...
Posted on 8/16/22 at 12:20 pm to billjamin
quote:
Welfare is direct pay. You get an ITC to offset taxes you otherwise would have owed. If you don't have the tax burden, you don't get anything. It's no different than SALT deductions.
Its corporate welfare. Its welfare for the companies, not the customer.
Posted on 8/16/22 at 12:21 pm to Vacherie Saint
quote:
Residential solar, for the VAST majority of people doesnt pencil out in the US without substantial government intervention.
I notice you never speak to real numbers, instead speak in definitive terms without any actual direct knowledge or data. The application of solar is highly dependent on location, utility rates and NEM, etc. I've always said that. You're arguing against some fictional boogey man. And the ITC does make it financially viable in many cases. Much like the PTC will do for Nuclear and monopolies have done for utility companies, etc. I actually prefer the ITC over those because the consumer can gets the benefit directly rather than hoping it passes through the corp to the consumer.
quote:
That intervention is doing more to drive solar acquisition prices up than it is to stimulate the technology
You're going to need some real information to back this up. I'm not saying acquisition prices haven't inflated, but modules and inverters in both capacity, reliability, etc. have gone nuts over the past few years. Development of MLPE alone was a huge advancement.
Posted on 8/16/22 at 12:26 pm to dgnx6
quote:
Its corporate welfare. Its welfare for the companies, not the customer.
Sometimes, it depends on the asset ownership structure. Do you understand how this all happens IRL?
Posted on 8/16/22 at 12:37 pm to billjamin
I’m not doing this with you anymore. You have a financial interest in solar so I’m not going to go round and round trying to convince you of the obvious.
If your products were so cost effective, there wouldn’t be billions in aid being thrown around to incentivize people to buy them. And in spite of that, only 1.6% of US energy production is solar. That’s it. That’s the evidence. The market chooses fossil over 80% of the time.
I’m genuinely happy your business is doing well.
If your products were so cost effective, there wouldn’t be billions in aid being thrown around to incentivize people to buy them. And in spite of that, only 1.6% of US energy production is solar. That’s it. That’s the evidence. The market chooses fossil over 80% of the time.
I’m genuinely happy your business is doing well.
Posted on 8/16/22 at 12:45 pm to Vacherie Saint
quote:
You have a financial interest in solar
If I was making decisions based on my financial interest I would be arguing about natural gas because that's where 90+% of my income originates. I'm simply here as someone with knowledge and to impart some real information and correct misconceptions and inaccurate information.
This post was edited on 8/16/22 at 12:46 pm
Posted on 8/16/22 at 12:58 pm to MightyYat
quote:
People that bitch about the big bad energy companies act like the solar companies are just in the game for unicorns and roses. You're just feeding a different set of greedy politicians/lobbyists.
Solar companies don't have entire regions monopolized. I wasn't planning on doing solar in Florida, but Gulf Power (FPL) can eat my arse.
Posted on 8/16/22 at 12:59 pm to Vacherie Saint
quote:
If they could, EVERYONE would be installing these systems, but barely anyone is. The market doesnt lie.
People are largely short-sighted, especially when it comes to money.
Posted on 8/16/22 at 1:00 pm to MightyYat
quote:
Do you think you'll have zero maintenance, repairs/replacement in those 25 years? Zero failure of some component?
Do you think you have that now?
Posted on 8/16/22 at 1:03 pm to billjamin
quote:That will make you unpopular. Some folks purely HATE getting educated, when that education conflicts with their preconceptions.
If I was making decisions based on my financial interest I would be arguing about natural gas because that's where 90+% of my income originates. I'm simply here as someone with knowledge and to impart some real information and correct misconceptions and inaccurate information.
Posted on 8/16/22 at 1:05 pm to Vacherie Saint
quote:
You know good and well the average system cant sniff that. You also know the average Joe cant afford that.
If they could, EVERYONE would be installing these systems, but barely anyone is. The market doesnt lie.
And...THAT is the reality and entire problem. And even if Indy Solar ever become widespread, it wouldn't stop the local /national/global Bureaucracies from swooping in and micro-regulating / taxing Solar Systems and "excess power" up the wazoo.
As you'd noted, the "investment" that independent Solar requires just isn't feasible to Joe Six Pack. And anyhoo -- the majority has already been deeply conditioned to rely on their Electric Company for their electric/power needs.
Posted on 8/16/22 at 1:08 pm to BayouBlitz
Lol wind. Half the wind turbines in west texas are constantly broke down
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