T.J. Rodgers: Subsidizing Wall Street...

T.J. Rodgers: Subsidizing Wall Street to Buy Chinese Solar Panels

There are 4 comments on the Wall Street Journal story from Dec 7, 2011, titled T.J. Rodgers: Subsidizing Wall Street to Buy Chinese Solar Panels. In it, Wall Street Journal reports that:

At the end of the recently released film "Margin Call," the chairman of the fictional investment bank that triggered the mortgage-backed securities meltdown sits in his executive dining room, looking down on the Hudson River sunset while enjoying a steak and an expensive bottle of Bordeaux.

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“We are what we think!!!!!!!!!!”

Since: Aug 08

Anger has no eyes!

#1 Dec 7, 2011
Solar leasing is another gimmick. Some of us sensible home-owners with conservative usage will loose money and pay more than our electric bills.

I'll wait until they'll sell Chinese solar panels in $ stores.
Solarman

Yucca Valley, CA

#2 Dec 7, 2011
EkDesiLadki wrote:
Solar leasing is another gimmick. Some of us sensible home-owners with conservative usage will loose money and pay more than our electric bills.
I'll wait until they'll sell Chinese solar panels in $ stores.
You've got a good point there, from the article:"...Law of Unintended Consequences with the corollary Law of Misguided Subsidies: Whenever Washington disrupts a market by dumping subsidies into it, Wall Street will find a way to pocket a majority of the money while the intended subsidy beneficiaries are harmed by the resulting market turmoil."

Basically, many of these energy efficiency programs are financed by 'fees' bundled into each and every ratepayer's utility bill each month, so whether you want to 'play' or not, everyone who uses electricity, gas, water is in the game every month. The question the ratepayer doesn't ask is: "How do I protect myself from the price increases and even the politics of these decisions?" You can find panels 'other' than made in China. You could also put in a solar panel and micro-inverter system. You could start out with a few panels and micro-inverters and increase the system size by one panel and one micro-inverter until your particular energy goal is reached. If you buy your own system, your looking at your own energy portfolio, you can increase your investment in the portfolio or hold steady and see what develops in the future. Right now, if you put 20K in the bank at a whopping 0.5 to 1.5%, you would see a better return on 20K on your roof in solar just from the monthly energy savings alone.

“We are what we think!!!!!!!!!!”

Since: Aug 08

Anger has no eyes!

#3 Dec 7, 2011
Are you a PV system installer by any chance ?

I've looked into many option for going green. Even considered installing a smaller system and than upgrading it. The problem is the installers will charge the same "fees" for installation irrespective of it's 2 or 4 Kwh system. So may be it's worth waiting for few more years until you can install 4 Kwh system ?

Also, some installer wouldn't consider installing anything less than 2 or some even 3 Kwh. Price of solar panels might have come down in past few years, but the price of inverters and the installation hasn't come down. Basically, you aren't a good candidate for PV system if your usage is less than 125$/month according to most leasing companies.
Solarman wrote:
<quoted text> You could also put in a solar panel and micro-inverter system. You could start out with a few panels and micro-inverters and increase the system size by one panel and one micro-inverter until your particular energy goal is reached. If you buy your own system, your looking at your own energy portfolio, you can increase your investment in the portfolio or hold steady and see what develops in the future. Right now, if you put 20K in the bank at a whopping 0.5 to 1.5%, you would see a better return on 20K on your roof in solar just from the monthly energy savings alone.
Solarman

Yucca Valley, CA

#4 Dec 9, 2011
EkDesiLadki wrote:
Are you a PV system installer by any chance ?
I've looked into many option for going green. Even considered installing a smaller system and than upgrading it. The problem is the installers will charge the same "fees" for installation irrespective of it's 2 or 4 Kwh system. So may be it's worth waiting for few more years until you can install 4 Kwh system ?
Also, some installer wouldn't consider installing anything less than 2 or some even 3 Kwh. Price of solar panels might have come down in past few years, but the price of inverters and the installation hasn't come down. Basically, you aren't a good candidate for PV system if your usage is less than 125$/month according to most leasing companies.
<quoted text>
No, I'm not a PV system installer, I am a grid tied adopter and a net homeowner/generator. My average electic bills for the year are very low from $35.00 a month to $0.00 a month.

Inverters have come down in price over the years, if you want to go with your own system, then you can actually get a one PV panel and one micro-inverter system. Enphase energy makes micro-inverters for many of the current solar PV panels on the market, they cost around $200.00 per micro-inverter. As for the installer who wouldn't consider anything less than 2 or 3KW (peak) system. A 3KWh system would be the gross output of a system during the amount of sun hours a day in your particular area. That's one or two panels, a 3KW peak system could net from 9KWh to 18KWh average using 8 to 10 panels. The most simple system around is the panel micro-inverter grid tied system. IF you have need of back up due to poor grid reliability the system gets more complex and expensive. In that case you would have to have an upsized system and back up battery capacity depending on how long the grid is down and how much of a load you have to run. Different equipment, different requirements, different costs.

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