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Solar Energy Saves Europeans $135M a Day

cleantechnica.com

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Re: Solar Energy Saves Europeans $135M a Day

#3
My roof mount system is saving me $1000 a year in electricity, plus more in natural gas that I I disconnected, and it was $0 of my own money thanks to a grant and interest free loan.

Electricity is pre approved to increase a minimum of 5% a year (it just went up 16% this year for people out of town), so the savings will only increase.

I’ll pocket something like $35k in 25 years for $0. Best investment ever.

I’m in canada in a tight valley where it snows a boatload.

Re: Solar Energy Saves Europeans $135M a Day

#4

My roof mount system is saving me $1000 a year in electricity, plus more in natural gas that I I disconnected, and it was $0 of my own money thanks to a grant and interest free loan. Electricity is pre approved to increase a minimum of 5% a year (it just went up 16% this year for people out of town), so the savings will only increase. I’ll pocket something like $35k in 25 years for $0. Best investment ever. I’m in ca…

> it was $0 of my own money thanks to a grant and interest free loan.

Pretty sure it's all tax funded.

Where I am as soon as the government introduced subsidies every single installer jacked their price 2-5x, now they all start right at the threshold at which the subsidies kicks in, amazing... it costs twice as much to the community but "0" to the individual

Re: Solar Energy Saves Europeans $135M a Day

#6

My roof mount system is saving me $1000 a year in electricity, plus more in natural gas that I I disconnected, and it was $0 of my own money thanks to a grant and interest free loan. Electricity is pre approved to increase a minimum of 5% a year (it just went up 16% this year for people out of town), so the savings will only increase. I’ll pocket something like $35k in 25 years for $0. Best investment ever. I’m in ca…

> it was $0 of my own money thanks to a grant and interest free loan. Pretty sure it's all tax funded. Where I am as soon as the government introduced subsidies every single installer jacked their price 2-5x, now they all start right at the threshold at which the subsidies kicks in, amazing... it costs twice as much to the community but "0" to the individual

It ALWAYS happens.

Re: Solar Energy Saves Europeans $135M a Day

#7

Earlier quoted context omitted.

> it was $0 of my own money thanks to a grant and interest free loan. Pretty sure it's all tax funded. Where I am as soon as the government introduced subsidies every single installer jacked their price 2-5x, now they all start right at the threshold at which the subsidies kicks in, amazing... it costs twice as much to the community but "0" to the individual

It ALWAYS happens.

[deleted]

Re: Solar Energy Saves Europeans $135M a Day

#8
post #5

$135M a day is almost nothing (~$50b/yr) for an area with combined GDP of ~$30T. Edit: People's general understanding of the scale of economies is genuinely terrifying to witness.

It's not nothing. Plus the fact that it's money not not getting shipped out of Europe to hostile regions is a net win.

Re: Solar Energy Saves Europeans $135M a Day

#10
There's virtually an infinite number ways to assess something like this, and a single figure out of context is meaningless.

What's the deprecation schedule? Which financial "context" is it calculated within? A household may benefit from governmental support and profitable, while the aggregate financial situation may or may not be so. What timeline is it calculated on? A 5-10 year window may be unprofitable, while a larger one may be. An even longer one may change numbers completely...

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