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What is the cost of a $50,000 at 10% interest vs the cost of $50,000 at 2.5% interest over 10 years? Money is not free. Solar is now expensive: [1] https://ww
by justinzollars 3y ago
What is the cost of a $50,000 at 10% interest vs the cost of $50,000 at 2.5% interest over 10 years?
Money is not free. Solar is now expensive:
[1] https://www.cnet.com/home/energy-and-utilities/high-interest-rates-are-making-solar-leases-more-appealing/ https://www.cnet.com/home/energy-and-utilities/high-interest...
[2] https://www.bloomberg.com/news/newsletters/2023-11-03/investors-sour-on-solar-sector-hurt-by-high-interest-rates https://www.bloomberg.com/news/newsletters/2023-11-03/invest...
[3] https://finance.yahoo.com/news/solar-stocks-get-hit-as-rising-interest-rates-weigh-on-demand-183911358.html https://finance.yahoo.com/news/solar-stocks-get-hit-as-risin...
[4] https://www.nytimes.com/2023/12/05/climate/renewable-energy-inflation-climate-cop28.html https://www.nytimes.com/2023/12/05/climate/renewable-energy-...
[5] https://www.woodmac.com/news/opinion/high-interest-rates-impede-the-residential-solar-market-boom/ https://www.woodmac.com/news/opinion/high-interest-rates-imp...
[6] https://www.ft.com/content/07443afb-b935-492d-8711-8c47e4353c59 https://www.ft.com/content/07443afb-b935-492d-8711-8c47e4353...
[7] https://time.com/6281021/renewable-energy-interest-rates/ https://time.com/6281021/renewable-energy-interest-rates/
[8] https://www.fool.com/investing/2024/01/13/why-solar-energy-stocks-dropped-like-a-rock-last-y/ https://www.fool.com/investing/2024/01/13/why-solar-energy-s...
[9] https://www.solarpowerworldonline.com/2024/01/high-interest-rates-and-other-issues-threaten-the-residential-solar-market/ https://www.solarpowerworldonline.com/2024/01/high-interest-...
[10] https://www.newsweek.com/high-interest-rates-impact-solar-energy-biden-administration-inflation-reduction-act-1840859 https://www.newsweek.com/high-interest-rates-impact-solar-en...
- nwah1 3y agoUtility-scale solar is what is both cheap and plummeting in price, relative to other sources, and has even gone negative during peak production hours.