Thursday, March 27, 2008

Solar Financial Engineering

Interesting article from the NY Times - Pay for the Power, Not the Panels

The article gives a taste to some innovative ideas in financing including renting (but for how long?) and use of taxes (for how long). The article lacks numbers. How much is being paid per Kilo Watt Hour from electricity from the utility, the cost being charged for solar power, and the expected payback time. The article claims the rise in Solar is due to innovative finance, but then the end quote says solar is not economical.

If the article had shown the numbers, there would not have been this basic argument.

No comments: