Solar Stock Depression - what happened??

The real winner is figuring out what will be the next fuel source once the sun explodes and solar is useless. Real profit potential in that.
 
Quote from jrlvnv:

The real winner is figuring out what will be the next fuel source once the sun explodes and solar is useless. Real profit potential in that.
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then you are better off just buying some binary option to hedge against the sun exploding. I will be happy to take the other side :)
 
Quote from newguy05:

then you are better off just buying some binary option to hedge against the sun exploding. I will be happy to take the other side :)
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Will you allow me to do a credit spread?
 
Quote from NoDoji:

We just got an emailed quote this morning from a friend who's been researching this for several of us:

"Solar power -- the best deal I have been able to find. Includes manual tilt racking system. They will take the TEP rebate off the front he said but I don't have it in writing.

Approximate Economics

Cost $13099
2.04 kw TAP rebate ($6000)
State tax $2000
Net 5099
Fed 30% rebate ($1529.7)

Net 3569.3

Nets you about $350 a year savings at current rates. No batteries. Power not used is sold back to the grid."

So not $20,000 after all :cool:
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You need to find a new researcher, there is no "rebate" from Federal, it is a tax incentive. Your friend calculated it wrong and you are not eligible for the 30% as you are not claiming it as a business entity.

And the TEP rebate is not really a rebate, they are buying out your environmental rights. Obviously they are gaining from it, so technically, you are getting ripped off.

Your friend does not know what he is doing, I hope you guys did not pay him cause that information is plain wrong. Go to a few qualified installers and get a few quotes. Most of them should know their sh*t, well at least some of them should.

A 2kw system is jack sh*t, by the way, while the bi-annual maintenance costs can only go so low.
 
Quote from tdatspectral:


Comments?
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When you find even an barely significant link between oil and electric rates, then you can even start making a link between solar & oil.

The way electricity is priced, it is tied to natural gas, not oil. But natural gas going down, does not mean your electric rates will do the same in a proportional manner.
 
Quote from Mecro:

When you find even an barely significant link between oil and electric rates, then you can even start making a link between solar & oil.
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A point I made earlier, but I've changed my thinking. There's a significant connection between ALL energy stocks IMO.
 
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