Saturday, 5th of July 2008
Saturday, 5th of July 2008
"residential" — 1 post
This CNN/Business 2.0 story about residential solar PV as a home improvement project is interesting not so much as news, but perhaps as entertainment. Maybe it's late, or maybe my brain is fried from two hours of alphabetical name calling at my sister's Temple commencement ceremony tonight; but in 400 words I found myself asking "huh?" no fewer than three times.

What's starting to be good for contractors is looking sweet for homeowners too. HUH?

In California and New Jersey... homeowners are credited for electricity they generate beyond their own use... OK so this isn't a HUH, but I think it's a misleading, or at least an incomplete, description of net-metering - that giant asterisk that says a homeowner does not get reimbursed for excess generation beyond the reconcilliation period.

Half the gross cost can be recouped in the home sales price as soon as it is installed... And solar's ability to lower energy costs also adds value. HUH?! So, the crux of the article: installed solar PV systems add value and they also ADD VALUE!?

Oh, well, at least it's not another "news" story about solar powered Wal-Mart.