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I drove behind a Mirai earlier this week. There was definitely a lot of splashing coming out of its tail pipe. All ICE vehicles make water as a byproduct but this thing had a steady stream.
I've driven electric for 8 years now, powered by sunshine.
the solar array on the roof of his house puts more into the electric grid than it takes out.
HeadSet saysthe solar array on the roof of his house puts more into the electric grid than it takes out.
What's the point? They are paying peanuts for that.
What's the point? They are paying peanuts for that.
Actually in Va, they are not paying at all. It is called "net zero" because the best you can do is have a $0 electric bill. Any excess power just turns the meter backwards and is thus credited to future electric use.
True, but the trade-off is he gets power at night and at times when he is running his AC and concurrently oven/dryer. The solar guy gets an uninterrupted power, while the power company keeps any excess electricity.
I get you can have free electricity, but how big are most people's bills and how long will you live there prior to payoff? You're basically paying for electricity upfront with a potential for roof leaks and damage to your home. Insurance rates likely go up if you want to protect them from a tree falling, hurricane, hail storm, tornado, etc. And the ultimate X factor that you might move in 2-3 years for a new job and be paying for someone else to enjoy free electric.
and btw paid off solar adds to the house value.
My model, which uses an opportunity cost of 7% per year for capital
That money is in a savings account
Hircus saysMy model, which uses an opportunity cost of 7% per year for capital
Come on man. That money is in a savings account earning zip. Seven percent is a fever dream at this point...
What money is in savings account? Who the fuck does that anymore?
Honestly, I think almost all financial decisions, investments, purchases, etc... should consider cost of capital aka opportunity cost. IMO it puts things in perspective by showing you the true cost, the true impact of making the decision.
What money is in savings account? Who the fuck does that anymore?
FuckCCP89 saysWhat money is in savings account? Who the fuck does that anymore?
The only thing more bizarre than that, is banks even bothering to advertising their CD Rates.
They count on the average public-school educated person not to be able to tell the difference between 1% and 0.01%
Seriously.
What money is in savings account? Who the fuck does that anymore?
. I would suspect most solar buyers are borrowers, so their costs would involve interest payments instead.
HeadSet says. I would suspect most solar buyers are borrowers, so their costs would involve interest payments instead.
Those folks usually go the lease route. The Leasing company gets the rebates and can depreciate the panels as a business expense.
Is there a difference? You're paying the interest for someone else either way.
WookieMan saysIs there a difference? You're paying the interest for someone else either way.
No, I was mostly pointing out the "advantage" that the leasing operations have. In a highly competitive landscape they just might pass some of those savings on to the homeowner (though unlikely). More likely that it ends up in the hands of investors or shareholders (or you sell the company to your cousin).
utilities are not that expensive in general depending
This makes our water horribly expensive (appropriately so).
Any reason why de-salinization is not used?
If California already has a high price, why not?
3 cents per MegaJoule for gasoline energy
This was fun but of course meaningless
Patrick saysWhat is the energy source used for desalinization?
Electricity.
B.A.C.A.H. saysPatrick saysWhat is the energy source used for desalinization?
Electricity.
Isn't there enough desert to make a huge solar desalinization plant there?
nothing beats the energy density of gasoline and the other petroleum distillate fuels
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