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Could it be feasible to have a program where you purchase solar panels on some farm somewhere and then whatever their power output is you get discounted on your
by deadbabe 1y ago
Could it be feasible to have a program where you purchase solar panels on some farm somewhere and then whatever their power output is you get discounted on your electric bill?
Residential solar power is never going to take off. Everything I’ve seen about it is a scam: you finance a massive purchase and then you pretty much spend the next 30 years paying for panels that you can’t take with you when you move and you can’t even sell the home while it has a lien from the solar company. And on top of that you spend so much money it takes forever to break even anyway. Pointless.
And the panels ruin the aesthetics of your house! Fuck this.
If you could have your panels mounted remotely far away then you don’t care what they look like and you can even move to a new house and still reap their benefits. You could even buy more panels than what your house or apartment could fit.
- cindyllm 1y ago[dead]
- cman1444 1y agoWhat's the advantage of the end user financing this? If it would be a good investment for an individual, surely it would be an even better investment for institutional money.
- deadbabe 1y agoThe funding of the solar panels would be distributed across lots of smaller players instead of requiring heroic amounts of capital from a few organizations. Why would an institution invest in panels if the return is purely in watts? But who knows, I’m not a financial engineer so not sure if this works well.