The Soapbox

nyhoo

Joined: 08/14/1998 Posts: 1540
Likes: 1286


Solar City also gets the subsidiary of selling into the grid at wholesale


rather than retail prices in the states where they operate. This subsidy is split between the company and its customers, and is indirectly born by all consumers via higher utility bills. At this point in time the total subsidy is a miniscule amount, due to the small percent of solar city users versus the rest of the population.

I am not against subsidies for renewable energy - it really is case by case. I actually think Solar City is an interesting company / concept that is probably a few years away from working without these subsidies. And if people want to benefit form this subsidy regime...buy the stock.
[Post edited by nyhoo at 11/16/2016 2:07PM]

(In response to this post by 111Balz)

Posted: 11/16/2016 at 2:01PM



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