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IncreasePosts an hour ago

At 34 cents per kwh how can you afford to not get solar?

WheatMillington 31 minutes ago | parent | next [-]

What kind of question is that? Without knowing anything about the person's geography or local cost of solar, how can you make such a bold assessment of affordability? I live in New Zealand where the capital cost of solar is very expensive and the climate is OK-not-great for solar generation. Even at 30c/kwh the payback (without batteries) is still 15 to 20 years. Not an obvious choice, especially as the capital cost is still declining.

simonw an hour ago | parent | prev | next [-]

The Sam Vimes theory of socioeconomic unfairness: https://en.wikipedia.org/wiki/Boots_theory

hinkley an hour ago | parent | prev [-]

Being poor is expensive.

bawolff 12 minutes ago | parent [-]

I mean, if you own a house (you cant put solar on the roof of something you don't own), you probably do have access to loans. Houses make great collerateral.

Not neccesarily saying it makes economic sense to get a loan to install solar, just that homeowners usually aren't the poor class that saying usually applies to.