If I understood what was being said they don't measure what you produce they pay back based on your nominal production which is set at 5-7% of the cost of the panel. It's wasteful but not particularly lucrative to you depending on what interest rate you can get on your money for an indefinite length loan. Connecting your input to output would cost you more. It seems to me to be a normal Keynesian tax funded demand stimulus offensive to my libertarian sensibilities but not unusual. We had the boiler man around last week. He is trained in solar water heating installation but after a few minutes discussion he opined that it didn't really make sense. It's a high complexity system with a more than 10 year payback even if it never goes wrong.
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Date: 2010-03-04 09:21 am (UTC)We had the boiler man around last week. He is trained in solar water heating installation but after a few minutes discussion he opined that it didn't really make sense. It's a high complexity system with a more than 10 year payback even if it never goes wrong.