CMD on Nostr: > I don't see how it being subsidized actually counters my argument, btw. OK, let me ...
> I don't see how it being subsidized actually counters my argument, btw.
OK, let me explain it to you simply, with a hypothetical.
An unsubsidized solar panel costs about $20,000. Pretend that I need 5 in order to power my house. My energy bills, monthly, are about $150. That means that, in order for this investment to break even (without accounting for inflation), the solar panel has to provide all my energy needs for about 25 years. The solar panels typically last for about 25 years. Sounds a little bad to pay all my energy bills upfront for the next 25 years, me no buy.
The government pays me $5000 per solar panel. Now installing the solar panels makes me profit $25,000. Sounds good, me buy.
OK, let me explain it to you simply, with a hypothetical.
An unsubsidized solar panel costs about $20,000. Pretend that I need 5 in order to power my house. My energy bills, monthly, are about $150. That means that, in order for this investment to break even (without accounting for inflation), the solar panel has to provide all my energy needs for about 25 years. The solar panels typically last for about 25 years. Sounds a little bad to pay all my energy bills upfront for the next 25 years, me no buy.
The government pays me $5000 per solar panel. Now installing the solar panels makes me profit $25,000. Sounds good, me buy.