• finitebanjo@lemmy.world
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    12 hours ago

    It’s going to be hard to justify production costs, but in places that subsidize it: it makes perfect sense to scale up solar wherever possible.

    • Saleh@feddit.org
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      4 hours ago

      Hard to justify costs? The article quotes 6 years of amortization. I know numbers around 8-10 years in Germany.

      Show me any consumer investment, that gives such a good ROI.

      • Krik@lemmy.dbzer0.com
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        2 hours ago

        8-10 years is a fully fledged pv system. The small balcony panels pay themselves after about 5 years, longer if you add a battery.

    • Appoxo@lemmy.dbzer0.com
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      6 hours ago

      The actual problem are electricity prices rising higher and that shortens to time to reach the equilibrium between the investetment