Oct 07, 2016 12:00
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"For residential systems, solar panels accounted for less than 20% of total installation costs in the United States in 2015. Even if the solar panels were free, this would not always offset the system's cost. Currently, most of the margin earned by solar energy developers comes from subsidies. Yet these subsidies are declining."
Even if the panels were free, it would not offset the system cost? So even with how expensive electricity is, solar still isn't cheaper? Which, I guess means the technology still has a very long way to go until it's competitive?
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Industrial installations are a while other ballgame.
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I wonder if solar will ever make sense for my part of Scotland.
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You might also see utility-grade solar panel plants in some of the many empty bits of Scotland - sacrifice a grouse moor or two to put up a bunch of solar panels. Probably wind farms as well.
From what I understand of the discussion above, though, we're unlikely to ever get solar panels retrofitted to existing houses. Which makes sense - it already doesn't make economic sense to install double glazing if your house (or, more likely, tenement flat) doesn't have it.
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