California plans to kill the residential solar industry HotAir

The result of Net Metering 3.0 is likely going to be the end of the residential solar industry in California. I have a neighbor who was interested in possibly getting a system after I had mine installed. Like me, he figured that after 10 years he d break even on the cost and still get years of free power. But under the new system his break even point would be 18 years or more so now he doesn t see the point. A lot of other people are going to run the numbers and reach the same conclusion. Solar installers are about to see their orders drop off a cliff which doesn t make much sense if the goal was to shift people to green energy. Earlier this week, Elon Musk (who owns one of the major solar installers) called the new plan insane.

via hotair.com

I also got solar while the getting was good, if the idea was to force me to get solar. I don’t pretend to understand the ins and outs of energy policy in California. I assume it is a witches’ brew of rent-seeking and deluded climate change nonsense. But what do I know. The clock is ticking until I’m outta here.