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Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?

To: Skywatcher who wrote (3150)	2/24/2004 11:45:00 AM
From: k.ramesh	Respond to of 36917

PV's in CA can have a payback - one persons story homepower.com I spent time with a NJ installer to go thru the initial discussion with my brother there. Spent time talking about the big issues with PV - Of course the huge initial cost, softened by NJ's 60% subsidy and loans stretching to eternity w low interest rates to make it appear positive. Then there is a bigger issue of resale value of the house, which should be positive in a sane world but .., messing with the roof etc etc. Like the article above says, It is just like buying a car that lasts may be 7-10 years, you decide on a getting a level of transportation service that you will keep for x years, take a loan for the amt and pay it off slowly. So instead of paying the utility bill you pay the loan, and if you stay in the same place long enough reap the benefit. There are all kinds of magic ways you can use to convince yourself one way or other, it is all notional. Like future prices of Pv, Kwh from the power company, effect on your home price etc etc. One thing it is bound to do is to force you to think about all choices, eg, a net outflow of 10/month in the initial years can easily be handled by switch from the SUV to a van or car. Or perhaps look at a new couch and ask where is the payback. At least the PV system has a 10-15 yr payback, a couch has a payback of never.