Posted by Joesepi on September 5, 2009, 5:52 pm
Many hole in some of those arguments.
History has shown us in this continent (North America) that a home with a
solar system will not be wanted and the system would have to be removed to
have buyers been consider it. Sad fact but true.
After tax dollars invested make more income in Canada, as the capitol gains
income is only applied at 50% of actual. Tax protected money pays 100% of
anything cashed in. The fanancially smarter person would be using after tax
dollars in either case.
We don't have a tiered structure, on electrical energy rates, as yet but I
am sure it will come and it would definitely make PV systems more viable. If
the earth exploded and we all died the PV system investment would be a
complete waste of money, too.
Posted by philo on September 5, 2009, 10:19 pm
All I can say is that he's having fun with it and can afford it.
As energy costs rise, his investment will probably begin to look better...
Right now the interest that banks pay is so low, that I guess he though
it was worth it.
During a period of inflation and high interest rates...
he'd have done considerably better with the purchase of a hi-interest
but it will be years before the interest rate on investments is up
Posted by philo on September 5, 2009, 10:14 pm
First off, as I mentioned he has a positive cash flow as he gets a check
from the utility company each month..
...but I do agree with you, from a financial standpoint...not a good
They guy is fortunate enough to have a very good income...
so it's basically just an expensive hobby.
Not the way I'd spend money if I had that much...
but I guess there are worse things he could have done with his extra cash.
Posted by Joesepi on September 5, 2009, 11:05 pm
Somebody has to pioneer this technology though. I just wish it bacame
cheaper...well actually before I spent my cash
Posted by yoyo on September 5, 2009, 11:18 pm
On Sat, 05 Sep 2009 12:17:56 -0400, Joesepi wrote:
Plus the additional property taxes each year for the cost of the