10-14-2015, 12:02 PM
The effect is how long on net metering does it take to pay off the system. Its going to take twice as long now, meaning back to 20 years to break even. Solar is turning out to be like a lot of consumer electronics: the early adopters get shafted, the later consumers benefit from reduced cost and better performance. Lithium batteries for home solar PV are becoming available but they are still in the thousands for a battery bank. There are several business models being tried to cash in on the net-metering to subsidize the cost of the solar PV installation. Without tax breaks and higher net metering buy back, those companies are going to start to collapse. Then it will be seen how they exit, make everybody buy the system outright or have to take the systems back.
"Aloha also means goodbye. Aloha!"
"Aloha also means goodbye. Aloha!"
*Japanese tourist on bus through Pahoa, "Is this still America?*