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Crack in the Far Right World

151
karmic_inquisitor8/21/2010 7:57:56 pm PDT

re: #97 Killgore Trout

Yeah, that’s my issue. I’m low income and self employed so the Tax Credits won’t do me much good. Even if there was a flat out cash subsidy it would have to be around 50% for it to make financial sense for me.
The technology just isn’t there yet. Hopefully soon but it’s just not economical at this point.

Have you looked into a lease? There are companies that do the installation and own the equipment and lease the system to you. You pay the lease and any residual on the electric bill (they have no incentive to oversupply the house).

This is an interesting model because the solar company turns around and sells the paper immediately along with the tax credits. so there is a market for this paper. And the credit gets bought by someone who can use it.

Here is a link to a company that does it but it is by no means an endorsement of the company or the idea - there is obviously margin for the salesman. But it is something to look into if you haven’t.

solarcity.com