Why let the amateurs at the power company generate and deliver power in exchange for a monthly subscription fee when you can go into the power generation business yourself?
A local friend (and MIT PhD in EECS!) put solar panels on his roof six years ago, responding to the massive government handouts on offer at the time (thanks, fellow Massachusetts taxpayers!). Roughly half of the panels have now failed, casualties of squirrels, UV light, etc.
Given the rising cost of labor (a bundle of wages and health care expenses), will it turn out that America’s big rooftop solar experiment was a colossal failure from a total lifecycle cost perspective?
Already it seems to me that single-family homes are unaffordable for a typical family because the cost and challenge of bringing contractors in to maintain all of the systems has been growing every year. Adding an electricity generation plant on the roof makes this problem worse.
- “Tesla’s new Solar Roof V3 will be same price as shingle roof and electric bill, says Elon Musk” (Electrek), once again proving that Elon Musk (and/or investors happy for him to lose their money on subsidized products) will solve every problem