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I don’t think mandating ground parking is the same as requiring solar panels on the roof. Solar will eventually pay for itself?
by melling 9y ago
I don’t think mandating ground parking is the same as requiring solar panels on the roof. Solar will eventually pay for itself?
- ars 9y ago> Solar will eventually pay for itself In 10 to 30 years. In the meantime you have to pay the capital costs upfront, so the home will be more expensive upfront.
- JustSomeNobody 9y agoI wonder how hard it would have been to have partnered with FPL so FPL puts up the capital for the panels, the resident pays their electric bill as usual, but a portion goes to pay back FPL for the panels. FPL is allowed to make, say 10% over on the panels.
- dx034 9y agoThe whole house will take that long to pay for itself. Any new home that pays off earlier points towards a bubble. So if you assume that it takes 30 years until the house has amortised (via rent or saved rent), why not assume the same for the solar roof?
- graetzer 9y agoCan't you get solar panels essentially for free and just pay for the generated electricity? I thought that was the business model of companies like SolarCity
- humanrebar 9y agoPerhaps in aggregate. The linked article discusses the logic and math of a home builder. "Eventually pays for itself", even if indisputable, doesn't magically get you more investors. You're still building fewer affordable units.