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Subsidies are in place to solve the chicken/egg problem of inducing demand and creating a new market. If solar panels are getting cheaper then subsidies should
by yardie 5y ago
Subsidies are in place to solve the chicken/egg problem of inducing demand and creating a new market. If solar panels are getting cheaper then subsidies should start to go away once targets are met. BTW, I still feel we're far away from withdrawing subsidies. Until we get below $1000/kw its still too steep for most homeowners. Currently, Florida is $2600/kw.
- jsight 5y agoOh, I agree and I have nothing against the subsidies getting scaled back over time. The issue is that it makes cost cutting in the industry less effective, as the savings don't always get directed to the buyer's bottom line. I think it might create a long stall where solar doesn't really expand that much in consumer markets.