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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (311459)11/20/2006 9:15:25 PM
From: Road Walker  Read Replies (1) of 1573096
 
re: I got an estimate from a contractor last year on how much would it cost to put solar panels on my house to completely offset my entire electric bills. They priced it out at $120K, which meant that it would take me close to 30 years to recoup the cost...and that included the estimated increase in the value of my home from that capital upgrade, as well as Federal and State incentives.

I don't think replugging your entire electric usage is important. It's enough to supplement you electrical usage when it high, and feed electricity back into the grid when the usage is low. It will probably be many years before there are efficient systems that can independently supply a households needs with on location renewable energy. The point is to make incremental progress in the meantime, not wait for some ultimate solution.

And in the meantime the government needs to step up and support renewable. What's the cost of building a new power plant? How could that money be better used for subsidies on at location renewable power generation? What if the highly regulated utilities paid full retail for the power you sent back into the grid, instead of paying you at their cost cost?
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