Dftodd
Elite Member
- Joined
- Oct 19, 2014
- Messages
- 3,523
- Location
- vilonia, arkansas
- Tractor
- Massey Ferguson 1825E, Kubota Z121S
It's similar here with solar. You pay big money for an install thinking your going green. Financed it.... with funny fine print and weird interest rates.Same problem in Holland. Heat pump and solar panels are mandatory to get permission to build a new house, yet theres no one to service it if it breaks down. And solar panel companies go bankrupt one after another because the market collapsed since energy companies charge a backfeeding fee if you backfeed your excess solar into the grid
And yes they are right to do so. Energy plants produce 10 kilovolt, distribute it long distanve through above ground cables, to local 1Kv transformers on a city scale, and then every few blocks share a transformer that transforms it to 240V single phase or 400V three phase (in Europe)
And the government thought it was a good idea on a sunny day to feed the same amount of energy back into the grid at end-user voltage... Anyone remember Ohms law, I=U/R ??![]()
Company does a half arsed job on the install, doesn't have it wired correctly.
Then goes out of buisiness and your stuck with a mess and payments on system that doesn't work.
Best case is you get a decent install. But your still got some loopy financing with payments fixing to double in a few years.
Then good luck selling the place and getting someone to take over your green financial headache attached to your home.
Power companies pay you pennies on the wholesale price for the power you put back to the grid. So that incentive is gone as well.