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Greed may be good when it comes to solar power
- mikece 6y agoWhile I don't have the free finances to put a solar roof on my house right now I've been trying to organize a solar cooperative: pooling the investment of several people to make a very large solar array on some open land near where I live. The idea is that profits from selling electricity to the local utility, minus a monthly maintenance and upkeep fee, would go directly to investors in the project. The problem is getting the local utility to buy electricity at a rate that is better than just putting a couple solar panels at a time into a grid-tied setup. Unfortunately this is something where the utilities aren't required to offer a truly competitive rate to small producers compared to what they charge per killowatt hour.