Neighbourhood Theft: Why Your Neighbour’s Solar Panels Are Costing You a Fortune

STOP THESE THINGS

Electricity generation started off as an extension of science. These days, it’s all about vanity and virtue signalling. Not least those millions of shiny solar panels, which we’ve all helped subsidise – to allow our neighbours to bask in their own virtuous glow.

At the theoretical level – when the sun is up and the sky is cloud free – solar panels are generating electricity around 6.5 hours a day (on average). During their most virtuous cycle, they’re dispatching power back into the grid, and reducing their owner’s power bills (attracting feed in tariffs multiples greater than the value of the electricity itself – initially some states were paying figures in the order of $540 per MWh – coal-fired power costs less than $40).

Those without panels pick up the tab for the subsidies gifted to their neighbours (whether in the form of feed in tariffs or renewable energy certificates)…

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This entry was posted in applied price theory by Jim Rose. Bookmark the permalink.

About Jim Rose

Utopia - you are standing in it promotes a classical liberal view of the world and champion the mass flourishing of humanity through capitalism and the rule of law. The origin of the blog is explained in the first blog post at https://utopiayouarestandinginit.wordpress.com/2014/03/12/why-call-my-blog-utopia-you-are-standing-in-it/

4 thoughts on “Neighbourhood Theft: Why Your Neighbour’s Solar Panels Are Costing You a Fortune

  1. given that it is the least well off that have taken oup solar panels and so the well off is subsidizing them I am okay with that.

    Like

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