(September 9, 2015 at 11:55 am)Ben Davis Wrote:(September 9, 2015 at 11:21 am)AFTT47 Wrote: That's the reason - period. Although the gap keeps shrinking, solar is still expensive.
Not if you have your own panels. That's the model that the UK's going for; literally taking energy production out of the hands of big industry.
You have to buy the panels and they are expensive. Depending on how much sun you get and your local electric rate, you are probably looking at more than a decade for break-even.
Here in the U.S. we have Solar City - yet another Elon Musk innovation. They will install the system at no cost and you pay your electric bill to them. It will always be cheaper than your local rate. I guess they can make a payback in a more reasonable time because their buying power allows them to buy panels and other equipment at high volume - probably at wholesale prices.
Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
Albert Einstein
Albert Einstein