New peak rates mean charging electric cars more expensive than petrol

T. A. Gardner said:
Hydrogen or anhydrous ammonia. Either works in a fuel cell. The later can be adapted to work in an ICE engine.
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"Thus far in January, we've seen the strongest orders year-to-date than ever in our history. We currently are seeing orders at almost twice the rate of production. So I mean, that -- it's hard to say whether that will continue twice the rate of production, but the orders are high," he continued.

As a result, "we've actually raised the Model Y price a little bit in response to that," the Techno King added.

'Customer Interest In Our Products Remains High'

Indeed, the base price of the Model Y Long Range SUV in the United States had fallen to $52,990 but since then it has risen to $53,490, according to the firm's website. This represents an increase of $500.

"Customer interest in our products remains high," added Chief Financial Officer Zachary Kirkhorn.
 
LurchAddams said:
I don't think so. If that were true so many people wouldn't be doing it. I see solar panels on homes all around S. Texas - not exactly Biden country.

"After you've made it through the payback period—which is usually around 7 – 10 years—and you've gotten your tax credits from the federal government, your solar energy system will be all profit.Aug 19, 2020"

It also boosts your home value.

"Is residential solar really worth it?
Yes! One of the most significant benefits of going solar is the boost in home value panels provide. Zillow estimates that your home value will jump by around 4.1 percent when you go solar, which comes out to an average value increase of $31,093 in California."
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It is true. I've let companies that do solar installs quote me now half-a-dozen times. Their sales minions come to my door regularly trying to get me to buy solar panels. The install on my old home was usually quoted between $50,000 and $60,000. The only thing that made it save money--and that would amount to about $100 a month--"possibly"--was that all the government subsidies and tax credits went to the contractor to offset the installation costs.

My new home is being quoted at $60 - $70,000 for the entire installation with the same deal.

The payback is, in every case at about 18 to 22 years with the panels "guaranteed" for 20 to 25 years. So, in every case, I end up getting maybe--MAYBE--a few thousand dollars savings over the life of the system. Then I have to do it again.

I can also tell you, if you have them on your roof and particularly if you leased the system, you are ass fucked when you try to sell the house. Good luck trying to find a buyer, particularly with a lease.
 
T. A. Gardner said:
It is true. I've let companies that do solar installs quote me now half-a-dozen times. Their sales minions come to my door regularly trying to get me to buy solar panels. The install on my old home was usually quoted between $50,000 and $60,000. The only thing that made it save money--and that would amount to about $100 a month--"possibly"--was that all the government subsidies and tax credits went to the contractor to offset the installation costs.

My new home is being quoted at $60 - $70,000 for the entire installation with the same deal.

The payback is, in every case at about 18 to 22 years with the panels "guaranteed" for 20 to 25 years. So, in every case, I end up getting maybe--MAYBE--a few thousand dollars savings over the life of the system. Then I have to do it again.

I can also tell you, if you have them on your roof and particularly if you leased the system, you are ass fucked when you try to sell the house. Good luck trying to find a buyer, particularly with a lease.
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Well, I just presented actual evidence to the contrary. With tax credits, the value solar adds to your home and the savings in energy costs, thousands of people all over the country disagree with you. And they can't ALL be fools.
 
LurchAddams said:
Well, I just presented actual evidence to the contrary. With tax credits, the value solar adds to your home and the savings in energy costs, thousands of people all over the country disagree with you. And they can't ALL be fools.
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California isn't Arizona. The cite I made was specific to me. Out of the houses I looked at before buying the one I'm now in, two had leased solar and one had owned solar. In all three cases, the realtor for the seller, and my realtor, both cringed on having to deal with solar panels.

It's important to note, however, Fannie Mae states that leased solar panels cannot be included in a home's valuation. The Federal Housing Administration (FHA) doesn't offer much guidance for evaluating leased solar panels at all.
https://www.hsh.com/first-time-homebuyer/buying-a-house-with-leased-solar-panels.html

Even owned systems are problematic. If the solar panels are on a loan that isn't paid in full, you could easily end up with a situation where the seller quits paying the loan and the solar panel company then gets you involved because you bought the panels supposedly. I want no part of that.

My view on this is Take the goddamned panels and system with you! I want no part of it. There are far too many awshits involved with solar panels to make them a worthwhile addition to a home you are purchasing.
 
T. A. Gardner said:
Solar panels on your house just mean you paid for 20 years of electricity today, that's all. Those panels cost money. Installation costs money. The typical ROI on home solar is 16 to 20 years out. Sure your electric bill goes down, but the payment for those panels more than makes up for it.
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Unlike solar panels, fossil fuel based electricity sees price fluctuations all the time, and they usually aren't going down.

With the solar panels, it's a one time purchase...there's no telling how much or how little the electric company is going to charge you for fossil fuel energy because that's all based in their profit margins.

With solar panels, you don't have to even think about that because the source isn't a private corporation, it's the sun and the sun doesn't have profit margins to worry about, so it provides infinite and abundant energy.
 
Nordberg said:
It also makes your home worth a lot more. Include that in the payback.
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There is no evidence to support that. In fact, I'd say leased ones will cost you roughly $10,000 off the selling price because finding a buyer to take over the lease is impossible. Owned, is problematic. On the whole, I'd say solar panels are like having a pool. In most markets, a pool adds little in value to a home unless it is in the luxury market.
 
Space for cars on city roads is being removed, trip times are being increased with lower speed limits, parking is being removed and thus prices increased all for one reason and one reason only (your overlords will tell you something else)....to get you to give up your car.
 
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