Comment Re:Richard Muller (Score 1) 518
Topically: I did exactly this.
I bought a Prius when there were still tax incentives to do so.
I slapped solar panels on my house when there were 50% 'rebates' covering the cost of panels + installation. I produce SREC's every year.
I live in NJ. This was while we had a Democractic governor. Since fat-arse got into power he's removed the rebate, and told people : We'll up the SREC cap so you can recoup your capital outlay by sale of those. Fine - so now people can get an ROI on their panel investment on their SREC's. He then denied upping the *volume* of those SREC's - which resulted in a glut of SCREC's on the market, and the price has plummeted.
They used to sell for $200. That went as high as $600 and is now around $100.
You cannot buy Solar Panels and get a return on your money anymore. You're looking at around 30 years before you break even.
Of course, I made out like a bandit - I got rebate AND higher priced SCREC's - at least for the period that they were worth anything....
I happen to like that I produce my own electricity though - I just wish I had a half-decent grid to push it onto.
My personal experience..