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One factor that does not seem to have been explored is financing costs. As I understand the situation in the US, residential solar is often financed by banks, a
by pge 14y ago
One factor that does not seem to have been explored is financing costs. As I understand the situation in the US, residential solar is often financed by banks, and capital for this type is expensive right now, leading to high costs. Anyone in the industry know whether that could account for the cost discrepancy?
- dredmorbius 14y agoYou sure about that? Interest rates are at all-time lows. Lending standards may make loans unavailable, but the cost of capital is anything but high.