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It's possible the rest were stupid excuses and this was the real reason.
The economists looked at utility data, sales records of single family homes and building permit data in San Diego County and Sacramento County from 2003 through year-end 2010. The study, published by the National Bureau of Economic Research, titled “Understanding the Solar Home Price Premium: Electricity Generation and ‘Green’ Social Status,” is available here.
For the average installation, the authors found that solar panels added a $20,194 premium to the sales price of the house based on repeat sales data (houses were in the mid-$500,000 range). Solar is really expensive to install—the average total system cost is $35,967, but the effective price to homeowners with subsidies including the federal tax credit is $20,892. Thus, homeowners appear to recover approximately 97% of their investment costs – in addition to the savings associated with reduced energy bills.
originally posted by: Kali74
Solar is really expensive to install—the average total system cost is $35,967, but the effective price to homeowners with subsidies including the federal tax credit is $20,892. Thus, homeowners appear to recover approximately 97% of their investment costs – in addition to the savings associated with reduced energy bills.
originally posted by: AugustusMasonicus
originally posted by: Kali74
Solar is really expensive to install—the average total system cost is $35,967, but the effective price to homeowners with subsidies including the federal tax credit is $20,892. Thus, homeowners appear to recover approximately 97% of their investment costs – in addition to the savings associated with reduced energy bills.
This makes me nuts. Yeah, the homeowner who installed it is getting an effective rate of $20,000 installed but the actual cost is still $35,000 because the rest of the community paid for it via societal benefits charges on their utility bills.
originally posted by: Kali74
We all pay to subsidize oil, coal and natural gas too with no end in sight to that drain.
originally posted by: Kali74
I'm just saying that if subsidies are going to be used against renewables than that argument can be more than doubly used against fossil fuels.
An argument that there is way too much private control over tax dollars would be more appropriate.
Mary Hobbs has been living in Woodland for 50 years and said she has watched it slowly becoming a ghost town with no job opportunities for young people.
She said her home is surrounded by solar farms and is no longer worth its value because of those facilities.
She added that the only people profiting are the landowners who sell their land, the solar companies, and the electrical companies.
The solar farm companies seek placement around Woodland because it has an electrical substation the solar power generated by the panels can be hooked up to the electrical grid.
originally posted by: Kali74
I do think there's some things that everyone should pitch in for and we have always done so... infrastructure...
...railroads...
...access to energy and clean water but yes...
overall... profits should be able to be made and usually are without subsidy and there's way too much of it going on.
originally posted by: Grimpachi
Neither should be subsidised, unfortunately they are.
From what I read about gas without subsidies it would cost around $12.75 a gallon.
If neither were subsidised many of the renewable energy technologies would be cheaper.
I don't know of any groups rallying to do away with nasty subsidies for both so until then we work with the framework.
There are plenty of citizens that do not want to subsidize business and willfully maintaining the status quo only adds to our financial issues.
originally posted by: searching411
If more people experienced a solar farm we would have fewer because it does impact the area surrounding it.
originally posted by: Grimpachi
Increasing Gas Prices Despite Subsidies
COST COMPARISON OF ENERGY SOURCES 2015
$3-$6 per gallon,
You and I can grumble about it, but that doesn't help.