Quote from mschey:
Your assumptions are wrong, show me a solar investment that has a payback of 5 years and I'm in!
Wanna put your money where your mouth is? Tell you what, I'll show how to have it payback in under 5 years and you pay me a consulting fee.
You're in California, if I am not mistaken. With your electric rates, it's even easier to do than in the Northeast. I had it down to 2-3 years in New Jersey for business, but you would have to be pretty aggressive with your taxes. A few guys did it.
Deregulation is a good thing....this isn't commie russia...this the US, we are capitalists, and just like rates on long distance have dropped dramatically over the last 20 years, so will electrical rates. Once the door of competition is opened, and the environmental wackos get out of the way of human progress. Rates will come down....solutions will be found.
Ironically, the only thing that has happened is rates going up up and up in every single deregulated state. And the utilities are not even going to lie to you, they will straight out tell you "get ready for price increases annually". Have you ever talked with any state utility commission official and see what they think? I have yet to get one optimistic outlook on it, but at the same time, they kinda have to do it and it is what it is.
Guess what, there were price caps in place before. And the only way utilities were able to grow profits (their duty) was by endless cost cutting. That's what happened with the Chicago blackout, it was a tree branch that they did not trim cause they did not want to pay money.
So now with deregulation, the price caps are off. And a lot of work needs to be done, A LOT. Guess who is paying for it?
Once again, I thought you were in California, which I believe was the first state to deregulate. I heard that worked out well, lol.
No, but really, Enron was a special case, but those same shady tactics have been occuring in other deregulated states. Last I checked, as soon as a region got deregulated, the utilities merged ASAP. How's that for competition?