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Keep in mind that solar, kind of like electric cars, has much of its costs front loaded. Roughly speaking, you spend $20k more on an electric car, and then save
by maerF0x0 12y ago
Keep in mind that solar, kind of like electric cars, has much of its costs front loaded. Roughly speaking, you spend $20k more on an electric car, and then save $15k on fuel because its cheaper to run off electricity than gasoline. But that $20K is today and the $15k savings is over 15 years.
Similarly w/ solar panels. Return of investment is a few years. whereas marginal coal is probably very profitable, that is coal from an existing operating mine.
- IndianAstronaut 12y agoVery true. Getting solar panels for your home is like making a one time payment on a car and getting free gas for years.
- deleted 12y ago[deleted]