Installing an alternative power source would be an "investment" in my house with no return until sale of house. I have no plan on selling so you'll need to check with my heirs how much value the "investment" grew toward sale cost.
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- warminmn
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Good point Bubba. It would have to increase resale value.
- freetown fred
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I'm personally not thinkin that would be the case--A house is priced sq. footage, neighborhood, school district, age, etc.--I know around here farms & houses that have gone solar are priced exactly the way they would be without. Just an old farmers observations local.
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Interesting Fred. Perhaps as electric rates climb it will make them more attractive, or not. Time will tell.
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Thank you FF! I find the average home owner can't fix a light switch. And having a complex solar system with batteries that (might) be worn out and is a liability is not what they are looking for. That is called being in a niche market, like log homes.'m personally not thinkin that would be the case--A house is priced sq. footage, neighborhood, school district, age, etc.--I know around here farms & houses that have gone solar are priced exactly the way they would be without. Just an old farmers observations local.
Kevin
https://cleantechnica.com/2020/10/26/solar-power- ... il%20fuels.
The implication of the first matter is clear — it becomes illogical to build more expensive new power plants that also pollute when you can build cheaper solar power plants.
https://www.carbonbrief.org/solar-is-now-cheapest ... nfirms-iea
The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.
A large part of the cost of electricity is the delivery of the energy to the place of use, not the cost of the energy.
These costs go up with the cost of all goods in the economy.
Loses in transmission also add to cost and could be lessened with on site power production.
BigBarney
The implication of the first matter is clear — it becomes illogical to build more expensive new power plants that also pollute when you can build cheaper solar power plants.
https://www.carbonbrief.org/solar-is-now-cheapest ... nfirms-iea
The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.
A large part of the cost of electricity is the delivery of the energy to the place of use, not the cost of the energy.
These costs go up with the cost of all goods in the economy.
Loses in transmission also add to cost and could be lessened with on site power production.
BigBarney