| ▲ | subhobroto 2 hours ago | |||||||||||||
> Besides direct subsidies, wealthier home owners have often been paid the retail rate for the electricity they sell to the grid. This causes higher electricity bills for those in apartments and those who can't afford to put panels on their roof I don't think you thought this up yourself, so I won't blame you for it, as this exact, word for word swill is mindlessly repeated by a lot of people, so thats ample evidence of brainwashing going on. The subsidies and retail rate (both of which have been murdered by now thanks to swill like this) incentives were not a sneaky reverse welfare program snuck in by the wealthy. They were infrastructure incentives for people who could afford to make those infrastructure investments. Investments have always required incentives and a positive ROI. You don't put money into your 401k, Roth or HSA because you expect to lose money in 20 years. The goal of solar subsidies was never some sneaky wealth redistribution with unforseen sideeffects but rather to rally support from the private industry and wealthy homes to spearhead rapid decarbonization, energy independence, and grid decentralization. A single mother treading water, barely being able to afford groceries isn't your persona for actually making rapid decarbonization, energy independence, and grid decentralization happen - however, the wealthy that you so despise of, certainly put a 10kWh (sometimes more) PV array on their 3000 sqft rooftop and actually feed power to the grid that was reeling under tremendous growing strain. People hanging portable solar panels from the balconies of their apartments barely make power to run their kitchen fridge so that's out as well. Mom and pop landlords and corporate run apartments aren't going to put solar for their tenants because they are not legally allowed to sell power above utility rates while they don't enjoy the 10% guaranteed ROI that utilities get (which is where utilities actually make their money), so that's out too. This makes me sad - We could have had a future where the grid was fully decentralized, where our single mother neighbor would never had to worry about the lights getting turned off even when there was a downed power line or wildfire or a snowstorm turning down power lines half a mile away, where she could plug in her EV into my shed instead of having to drive miles away to a crowded charging station. We are numbers people here - so here's a numbers perspective: If I had taken the same money I had to spend on a "grid compliant" installation (so I could connect all of this to the grid) and put it into the SNP500 instead, I would never have had to worry just about a power bill (as bad it is - $0.60/kWh) but also my inflation adjusted grocery bills for the rest of my life. | ||||||||||||||
| ▲ | enslavedrobot 2 hours ago | parent [-] | |||||||||||||
I have some experience with distributed energy generation and have met with senior utility executives many times while trying to implement some grant supported projects through my work. It turns out that a big problem is that whenever we install local generation it costs utilities a ton of money. They bundle the cost of grid maintenance into their per kWh charges. These costs, which include debt service, maintenance, upgrades etc amount to 5-7 cents/kWh. Whenever you generate your own energy you cost the utility 5-7cents/kWh that they have to pay regardless of your usage. This business model, which has bundled grid maintenance into usage costs means that utilities put up huge roadblocks for distributed generation. They say they love it, but they actually hate it. Utility executives have looked me in the eye and said as much. It gets worse though, because energy infrastructure is backed by trillions in utility bonds. These "low risk" debt instruments are owned by national and private pension funds of mind boggling size. In order to bring about a distributed energy future the grid (and low pressure nat gas infrastructure) must be reorganized in a manner that is likely to make those bonds worthless. These background factors are definitely in play when you see these bait and switch enthusiastic green energy programs that turn out to be a regulatory quagmire when you dig into them. Public utilities and pension funds hate green energy, they are a major factor in west's pathetic performance when it comes to solar adoption vs China. | ||||||||||||||
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