The Boom Gets Lowered On Residential Solar In Arizona

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  • Sunking
    replied
    Originally posted by J.P.M.
    I may need to bail on the solar stocks sooner rather than later.
    Don't get caught holding the bag. I liquidated in 2007 just before the bust. Solar stocks are only worth 1/20 to 1/10th what they were in 2007. Most went bankrupted, more to follow. Get out while you still can.

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  • Ian S
    replied
    Originally posted by Sunking
    Bout frickin time to make Solar users pay for it, and get it off the backs of the poor and rate payers who cannot afford to pay welfare to the rich. Come 2016 when the subsidies are gone Solar is DOA. From the sounds of it, solar is already bust in AZ. Time for installers to find a new job and learn to speak English or go back home. The owners of the solar businesses have already made their fortunes.
    Well, solar users aren't going to pay for it: they just won't install it. Which is the plan of course. The problem I have with the whole process is that the utility bought a consultant who, surprise, surprise, produced a plan in line with the utility's thinking. No effort whatsoever to get a true evaluation of the pluses and minuses of residential solar. I suspect SRP will, like APS, roll out their own rooftop solar scheme where they rent your roof for a few bucks a month off your electric bill. And with the millions they have to spend on marketing, I'm sure they'll get a number of sheeple to sign up.

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  • J.P.M.
    replied
    Originally posted by Sunking
    Bout frickin time to make Solar users pay for it, and get it off the backs of the poor and rate payers who cannot afford to pay welfare to the rich. Come 2016 when the subsidies are gone Solar is DOA. From the sounds of it, solar is already bust in AZ. Time for installers to find a new job and learn to speak English or go back home. The owners of the solar businesses have already made their fortunes.
    Lease prices may go down some.

    I may need to bail on the solar stocks sooner rather than later.

    Leave a comment:


  • Sunking
    replied
    Bout frickin time to make Solar users pay for it, and get it off the backs of the poor and rate payers who cannot afford to pay welfare to the rich. Come 2016 when the subsidies are gone Solar is DOA. From the sounds of it, solar is already bust in AZ. Time for installers to find a new job and learn to speak English or go back home. The owners of the solar businesses have already made their fortunes.

    Leave a comment:


  • The Boom Gets Lowered On Residential Solar In Arizona

    The Board of Directors of Salt River Project, one of the two electric utilities in the Valley of the Sun voted to implement new solar fees that will amount to roughly $50 a month. Existing solar customers (those with systems prior to December, 2014) are grandfathered for 20 years. I expect APS to follow suit and this time, with the Corporation Commission members fully in APS' pocket, they'll get their way. Here's the story.
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