• Solar Power will pay off

    Although in the beginning it seems worthless, the longer you have solar panels the more they become valued and you eventually start making an income off them for the energy they generate. It will also be a lot more environmentally friendly compared to energy sources like oil and gas that releases CO2 into the air destroying the Ozone which protects the earth from UV Rays.

  • Of course it is. The only people fighting it make money from the oil and gas industry,or are brainwashed by people in the oil/gas industry...

    Other nations are managing quite well. Even ones like Germany, that have less sunshine that any place in the continuous United States. If we add into it, Hydrogen, and wind technologies, it becomes entirely feasible. The amount of tax dollars that are GIVEN to the Oil and Gas Corporate Masters, would MORE than pay for research and development, to make it viable.

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  • Yes yes yes

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  • Yes, in some instances, long-term

    Solar has been demonstrated to be economically viable and does pay for itself. However there´s several variables here which determine economic viability and each situation is different:

    - The level of sunlight and efficiency of your cells and ROI (return on investment).
    - The initial cost of buying the cells and installing
    - How energy efficient your home is and how much energy you use
    - Your energy needs and the cost now and in the future

    If you are very energy-efficient (with solar), and produce an energy surplus (even possible in UK, a country quite cloudy) solar panels can pay for themselves and start generating an income, in around 10 years or so. However getting solar panels and installing, that pay themselves in this timescale is not cheap (in the UK at least).

    This timescale (it could be much shorter in hotter climates) makes solar panels a LONG TERM investment in terms of economic viability. And unfortunately, many households cannot afford or justify the initial outlay (in UK at least), even with the tax breaks.

    However, there are ¨rent-a-roof" schemes now offering free solar panels available, so that is one option some may consider who don´t want the initial investment outlay at this moment in time, but want to generate an income from solar energy and help reduce climate change.

    Conclusion: Solar is definitely viable as an alternative clean energy source at the technologies present state. However, it may not be worthwhile or affordable for everyone. Each situation needs to be looked at carefully.

    If the solar technology cost falls or if existing energy costs rise, or if solar panels become much more efficient, than solar energy may be viable for many more people in the future.

  • With increase in awareness and then further use solar energy, like everything else in the market, will get cheaper.

    Solar energy is the most favorable energy when the question of inaccessible regions comes to light. The main reason of it not being in use much today is lack of awareness about its benefits and uses.And when the question of cost arises, like any other thing in market, with its increased production, use and demand its cost will automatically go down. And the main question is:

  • For the Long Term

    Solar power is the most sustainable form of energy. Even when taking into account the initial cost, solar energy does pay off in the long run. When considering the fact that solar energy has the lowest maintenance cost in any form of energy, it has little to no operation cost. Is the technology 100% there? Admittedly no, but that of course can change. Remember, we're talking long term, not day-to-day. By 2050, it is projected that solar energy will account for 48% of America's grid. The issue, however, is that solar power is most viable when applied independently (off the grid).

  • Maybe not 'right' now, but we need to think long term. Investment is investment.

    It's not hard to believe that people will denounce the use of solar energy when you have the people who are going to be impacted by its widespread use the most (big oil/gas) paying out media to belittle solars image.

    That argument aside.

    When you look at the wide spread impact that solar has had on northern European nations like German and Greenland

    It makes one wonder why further research hasn't gone into making this potentially useful and sustainable energy source.. But wait.

    But all this does not answer if Solar power is economically viable.
    Maybe not so at this present stage. But the big issue this debate raises is the argument that "because it's hopeless now, lets not waste time or energy on it," and the answer, we need to start somewhere with it.

    Please remember that we have a finite amount fossil fuel. It's going to run out one day. We need to start thinking of our long term investments in these 'alternate' energy solutions otherwise we will get to a stage where the economy is stuck without fossil fuels, and low level solar energy to keep us afloat.

  • The technology is not there yet to make it economically feasible for residential use.

    Even with government subsidies for the residential customer the cost of changing out the batteries every 3-5 years doesn't make economic sense. The technology just isn't their yet even if the government pays for the installation. The US government subsidized Solar City and they still couldn't make it. Solar will eventually have its place in the residential arena just not right now

  • Solar power is not economically viable at this time.

    Until solar power can sustain itself without government subsidies, it is not economically viable. Panels need to be more efficient. What commercial business is satisfied with a return on investment of 20 years or so? If a business cannot make a profit within a few years, it doesn't embark on any venture.

  • At the moment solar energy isn't viable because the batteries are expensive and have short life (around 3 -5 years)

    If you want be completely disconnected of a grid, you will need too many big batteries.We were thinking about that the most expensive part of a sun power system, were the solar panels but the big issue probably are the batteries because they are expensive, are made with dangerous chemicals and haven't enough lifespan (around 3 - 5 years) then probably in the better of cases we will need to buy all batteries again more than 5 times along 20 years, It makes them the most expensive part of any solar panels project.

  • It is very expansive and is fragile

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  • Should not need tax subsidies.

    The industry is being driven by businesses installing systems . The tax subsidy has to be paid for by people working and consuming energy so is there really a saving in CO2 emissions? Also if you have a roof installation you may have problems if you need to replace tiles. In the future this scheme will be shown up for what it is....A knee jerk
    reaction to the global warming issue.

  • Too expensive, needs to reduce cost or increase efficiency

    Any investment that takes 20 years to get your money back is poor by any standard. They should be working on making the panels 2 to 3 times more efficient so they could be a sound investment. Show me panels that have a battery backup to store energy so it could act as a power generator and I will gladly pay their asking price.

  • Current pricing of Solar PV dictates that it is not economically viable

    Current pricing of Solar PV equipment and current generation capability of PV when compared to alternative energy sources (Natural gas, nuclear, hydro, etc) makes Solar economically nonviable.

    It isn't impossible for Solar PV to be viable but the price of Natural gas would have to increase by a factor of at least 4 and the trend has been the opposite direction. Alternatively, the price or performance of Solar PV has to increase by a factor of 4.

    The facts are in; as of 2014, Solar PV is not economically viable unless you live somewhere where the price of electricity is $0.40/kWh and the only places where that is the case is where governments have intervened in the market with Solar PV incentives that have driven the cost of electricity so high that most people can't afford to live there.

  • Tax Payers Screwed Again

    Simple. In New Jersey, the electric companies have raised the rates so that the the solar companies can use my money to pay for the installation of other people's solar systems and then also lower their bills substantially afterwards. Meanwhile, the biggest source of electricity production, natural gas, has seen its prices drop. Electricity rates would be dropping if solar power was not draining the electric company (monopoly) coffers. An absolute outrage. Why does the news channels not discuss this, not even Fox News ?

  • It is very expensive!

    Solar energy is very expensive and hard to come by. Solar energy is very efficient and we would use a lot less electricity, coal, and natural gas. I would love to have solar energy for my house and car, but right now me and most of the middle class cannot afford solar energy!

  • It is very expensive...for now.

    Solar power is an expensive form of power production that usually does not pay for itself. True, it is green and should definitely be used; I support its use 100%. For now, unless we can figure out cheaper ways and materials to make this power available to the average citizen, solar power is an economic detriment and waste of time and resources.

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