Re: Renewable energy payback is better than interest fromha money in the banks

jimp_at_specsol-spam-sux.com
Date: 11/16/04 

Date: Tue, 16 Nov 2004 23:51:46 +0000 (UTC)

In sci.physics habshi <habshi@anony.com> wrote:
> Now sun power is really hot

> With interest rates negative in Japan and 2% in USA , it is
> better to spend $20,000 on solar panels and get a higher return over
> twenty years and that is not even counting the govt grants.

Pricing real systems that can actually be purchased and looking at real
electric bills shows a payback of about 8 years with subsidies and a
cash purchase.

Home equity loans, which are about the cheapest loan you could get for
such a purchase, are more like 7% fixed, 5% variable, not anywhere near
2%.

<remaining babble snipped> 

-- 
Jim Pennino
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