Large upfront costs remain biggest hurdle for solar power
Berkeley has a financing program where the cost of solar is paid through property taxes. Tucson Arizona is considering something similar. The upfront cost of solar is a headache and one that needs to be worked on. Not to mention reducing the cost which is happening. Rebates are covering about 55% of the install cost, so $13,000 remains for the home owner which takes 11 years to payoff at current electricity rates. Most people won't wait that long for anything, except a house (which most don't have a choice, so lots of 30 year loans).
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment