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> Money is fungible. A dollar tied up in building a one-off consumer solar installation is exactly a dollar unavailable for building out utility grade solar whi
by UncleEntity 4y ago
> Money is fungible. A dollar tied up in building a one-off consumer solar installation is exactly a dollar unavailable for building out utility grade solar which can be done at a fraction of the cost.
This makes the false assumption that those “fungible” dollars are somehow earmarked for solar and the homeowners wouldn’t just spend them on some other, non-solar, goods.
- opo 4y agoNo, I am not making that assumption in any way. I might not have been clear enough. I am saying that it is incredibly wasteful for the government to directly subsidize consumer solar when installed and then later forcing less wealthy consumers to subsidize their wealthier neighbors. If the government wants to encourage the development of solar power, those subsidies should have gone to encouraging grid based solar which costs a small fraction of the cost of one off consumer solar panel installations. A dollar tied up in building a one-off consumer solar installation is exactly a dollar unavailable for building out utility grade solar.