Very cheap solar power
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From: habshi on 7 Mar 2010 18:49 excerpt A solar panel system costs between �8,000 and �14,000 for an average house, according to the Energy Saving Trust. From 2012, families will be able to borrow from electricity providers at a preferential rate. Sharp says it will take less than ten years to repay the loan and a homeowner could bank �36,000 profit on the system over 25 years as homeowners will be able to sell surplus electricity from solar panels to the National Grid from April 1. The system will cut bills by up to �150 a year while the average household can earn about �900 a year selling the surplus electricity. Sharp has nearly 40 per cent of the British market, Read more: http://www.dailymail.co.uk/money/article-1256056/Solar-panel-sales-set-rise-tenfold.html#ixzz0hXP8cgoQ
From: habshi on 7 Mar 2010 19:16 Jim you are very wrong . Its not 'taxpayers' who are subsidising solar and wind energy. we are in fact using relatively cheap oil in a race to make windmills and solar panels to give us everlasting energy. Once we have ten million or so 4mw windmills we can end the subsidies as we will be able to cycle the materials . The American govt should impose a $4 surcharge on a gallon of oil as they do in Europe and use that money to fund solar roofs etc.
From: jimp on 7 Mar 2010 19:30 Michael Coburn <mikcob(a)verizon.net> wrote: > On Sun, 07 Mar 2010 16:05:53 +0000, jimp wrote: > >> In sci.physics habshi(a)anony.net wrote: >>> It doesnt cost you anything to install solar , in fact you make a >>> fat profit from day 1! >> >> Utter, babbling nonsense. >> >>> Montgomery's solar setup cost $147,000, a big initial investment. But >>> the state's solar rebate program promised a rebate of $88,000. He would >>> also receive a federal tax credit of $50,000. In addition, tax policies >>> allowed him write off depreciation costs of $25,000 per year for six >>> years. >> >> So, he put out $147,000. >> >> He gets a rebate of $88,000 some time later, leaving $59,000. >> >> When he files his taxes, his tax bill is reduced by $50,000, leaving >> $9,000. >> >> A year later he has a depreciation of $25,000, which if he is in the 36% >> tax bracket means he saves $9,000 on his taxes and breaks even somewhere >> between 1 to 2 years later. >> >> And this simplistic calculation ignores the cost of money, which if >> included would mean the break even point is 2 to 3 years. >> >> Also none of the rebates, tax credits, or depreciation allowances are >> "free" money, it comes out of taxpayers pockets in terms of higher taxes >> to finance such schemes. >> >> If this weren't run by a government agency, it would be called a Ponzi >> scheme. > > And it happens because morons like yourself overlook the _FACT_ that the > United States government does not have to borrow money from anyone at > all. Ever heard of War Bonds, Treasury bonds, Treausry bills, Treasury notes, Liberty bonds, or Savings Bonds? <snip remaing screed> -- Jim Pennino Remove .spam.sux to reply.
From: jimp on 7 Mar 2010 19:33 In sci.physics habshi(a)anony.net wrote: > Jim you are very wrong . Its not 'taxpayers' who are subsidising > solar and wind energy. Subsidies come from the government. The money the government has comes from taxpayers. You are an idiot. > we are in fact using relatively cheap oil in a > race to make windmills and solar panels to give us everlasting energy. Windmills and solar panels aren't made from oil. You are an idiot. -- Jim Pennino Remove .spam.sux to reply.
From: jimp on 7 Mar 2010 19:36
In sci.physics habshi(a)anony.net wrote: > excerpt > > A solar panel system costs between ?8,000 and ?14,000 for an average > house, according to the Energy Saving Trust. > From 2012, families will be able to borrow from electricity providers > at a preferential rate. Sharp says it will take less than ten years to > repay the loan and a homeowner could bank ?36,000 profit on the system > over 25 years as homeowners will be able to sell surplus electricity > from solar panels to the National Grid from April 1. > The system will cut bills by up to ?150 a year while the average > household can earn about ?900 a year selling the surplus electricity. > Sharp has nearly 40 per cent of the British market, Good for England, and I hope it works out for them. Of course, since England has little sunshine in the winter when the need for energy is at it's highest... Hardly anyone in the US lives in the same house for anywhere near 25 years. -- Jim Pennino Remove .spam.sux to reply. |