Quote:
Originally Posted by chris1203
That's is a really great idea! It would be taking care of two different problems--global warming and energy costs--at the same time.
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Sure, it's a really great idea, but is anyone doing anything about it? I'm sure noone here is calling up their local
solar panel installation company and saying sign me up today! There's just not enough incentive because of the high costs. We can't just sit around waiting for the government to give out incentives though. That is a cop-out way to implement a new technology that isn't - really - market ready.
What it will take is innovators and early adopters to buy solar panels now, even though they won't see payoffs for several years. They buy them because they support the technology, want to save the planet, or are just thinking long-term about their energy usage. These people/companies have money and/or influence and without their support the solar panel productiom companies would go nowhere.
Solar panel producers need money to survive and develop new, cheaper technologies that have a chance of making it into the mainstream market.
The only feasible plan I have heard so far is renting/leasing the solar panels rather than selling them outright. This has the possibility of working because:
1. Solar panel companies get large upfront purchases from loaner
2. Loaner makes money incrementally from loan payments
3. Homeowners benefit because they save money, if the loan payment is low enough that their new energy bills (utilities + loan payments) are lower than their old utility bills by any amount
Only a profitable market is a sustainable market