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Wait, these are still projected costs, right ? How can they guarantee they'll be able to recoup their costs and honour their prices?
by johnchristopher 11y ago
Wait, these are still projected costs, right ? How can they guarantee they'll be able to recoup their costs and honour their prices?
- ljf 11y agoFrom the discussion of this yesterday, I understand that most other companies could also meet these costs, if they had the same access to very cheap loans. These bids are supported by near minimal cost loans, that are being offered to help kickstart the industry in these areas, and to acquire skills and knowledge. Plus in the hope that the continued improvement in solar panels, rather than relying on the tech they can get their hands on today.
- beefield 11y agoVast majority of solar power costs are upfront capital costs. So if you know how much the panels/installation costs, what are your financing costs for ~30 year amortizing loan and how much the sun is expected to shine in the installation place, calculating the cost of electricity price per kWh is not too advanced Excel trickery.