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The argument for me around solar was more that I expect fossil fuels to become vastly more expensive in the lifetime of the panels. I agree the risk profile is
by tsmarsh 8y ago
The argument for me around solar was more that I expect fossil fuels to become vastly more expensive in the lifetime of the panels.
I agree the risk profile is wrong, so I offloaded the risk to SolarCity for this iteration (25 years), but if I'm still in the house when those panels expire I will almost certianly need to re-roof, and I'm hoping solar tiles are a no-brainer by that point.
22 years from now? I expect fossil fuels to be crazy expensive. I expect solar tech and home storage options to be commoditized, and I haven't seen anything to make me thing I'm wrong about any of that.
- Matticus_Rex 8y agoThe only way fossil fuels are going to skyrocket in price is if regulatory burdens push their prices up artificially. Yes, we use up oil and natural gas every year, but we also get more efficient at finding and tapping deeper reserves, and there are few limits on that in the next 25 years. "Peak" resources just aren't a thing we actually need to worry about in the foreseeable future.
- deleted 8y ago[deleted]
- jpao79 8y ago"regulatory burdens push their prices up artificially.." That has been known to happen in California with PG&E and CPUC. Doing a quick Google for PG&E rate increase: https://www.pge.com/en_US/about-pge/company-information/regulation/general-rate-case/grc.page https://www.pge.com/en_US/about-pge/company-information/regu...