191–200 of 368 posts
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Is an ETF simple? I get your point that in modern society, you can invest in an ETF in a few clicks, but in a way, owning your own infrastructure is simpler. Transform the sun into energy reserves with parts you can buy, understand, and install yourself from wholesalers. A power company is opaque, carries overhead, and requires complexity to serve at an institutional level. ETFs have a similar complexity/abstraction…
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> while the initial principal of your bond investment will remain intact. As long as the bond issuer remains solvent. How much do you trust bonds that yield 9% to retain their full value for 25 years?
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Having done 2 solar installs, one over 10 years and one 6 years, both going strong. Nothing else needed, it just sits there and produces. So, from my experience, that's not the case. Maybe the people you know keep tweaking because they're enthusiasts like you have with cars.
It could be as simple as a different model. In one of those it was easy to make it feasible if you had no cap on how much to sell back, but it was limited to consumption plus like 10% or something like that. Since the property used very little energy but had a big roof we thought itd be a good thing to produce green energy while making a little money or even just breaking even, but to break even we'd have to use way…
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> while the initial principal of your bond investment will remain intact. As long as the bond issuer remains solvent. How much do you trust bonds that yield 9% to retain their full value for 25 years?
Don't buy junk bonds. Why are you looking for bonds that yield 9%?
"Another way to look at this is that the investment is returning ~9%/year."
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Rather like the car, think of panels as buying 20+ years of electricity upfront rather than being exposed to market rates. You can buy a car upfront, on credit, lease it, or rent it; in all of those the longer you commit the cheaper it is. Not for everyone, but definitely for homeowners with suitable roofs and local utilities.
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Well, the math still maths, right? I am writing this off grid, using about 15kwh of batteries and a $1200 (6kw) inverter. My entire system puls panels and racking those panels, plus wiring some un-powered shacks was about $10k, though I did the work myself (which would probably hae been another 3-5k if I could have found someone to do it.
> which would probably hae been another 3-5k if I could have found someone to do it. Yo. If you can find an electrician to stop by my house and turn a light switch off for less than 1000$, please inform me. I got a quote for 25k$ to install a system that size, and that price. City code has me by the balls: I can't modify my main panel without inspection, the inspector won't show up without a licensed electrician, and…
The rooftop solar game in Texas is strongly into scam territory. Most homes I see with panels on the roof are two story homes where you have a negligible amount of area to work with relative to interior space. There was a point where you'd have to deal with a door-to-door salesman approximately every 48h for an entire summer. The most realistic residential installation I've seen was firmly on the ground at a ~2 acre…
It's wild how overpriced Tesla Powerwalls are. 16 kWh battery with all of the UL supported listings etc = $3300 [0] 13.5 kWh Tesla Powerwall is $12k~$15k You would get your return way back quicker. [0] - https://www.ruixubattery.com/product-page/lithi2-16-battery-... EDIT: As others have pointed out, powerwalls have inverters built in so it's not totally apples to apples. You can get a beefy inverter for $5k and it's…
There's going to be a bloodbath in that market in the next years. There are a lot of battery producers and most of them are not producing at full capacity. At the same time, manufacturing cost is dropping as well. Some battery makers are producing batteries at a cost level of around 60$ per kwh. At that cost, the 16kwh battery would come out below 1000$ (not the same obviously as the product price). Sodium ion might…
The expiring tax credits were what forced my hand. I’m the kind of person who likes to install things himself, and I probably would have gone that route for solar too, because the materials costs (sans battery) aren’t even half of the total cost.
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From the article: "Another way to look at this is that the investment is returning ~9%/year."
That is without accounting for depreciation of the installation.
EDIT: Two more things that will juice the return
1. Grid electricity prices will go up over those 25 years, at the very least tracking inflation.
2. Unlike bond coupon payments, the "return" from a solar installation isn't taxable. Because you're saving money, not getting paid.