Comment on U.S. residential solar on the brink of collapse
Infinite@lemmy.zip 3 weeks agoMy favorite solar scam is the Power Purchase Agreement:
- company installs solar, you pay $0
- typically sized to generate 100-150% of your consumption
- company bills you ~80% of your actual or previous average use
- price is on contract and has scheduled increases
- after 15-20 years, negotiate a new contract, maybe buy the system, or have it removed
What if solar gets 20x better? Fusion gets solved? Too bad, contract pricing.