Are we at the point now where it would be wise, economically, to enter into a long-term agreement to buy solar power at a given fixed rate (ie solarcity), or do you foresee future advances that would/could significantly drive the cost of solar down--and make one regret entering into a long-term rate agreement?
Edit to add- obviously the tech will improve over time. But I'm wondering how much and how fast. I mean, as an example, to enter into a 20 contract at a fixed rate, when the price/kWh may 1/2 in 5 years might be foolish. 10 years? Maybe. 15 years? Then one might as well do it now.
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Are we at the point now where it would be wise, economically, to enter into a long-term agreement to buy solar power at a given fixed rate (ie solarcity), or do you foresee future advances that would/could significantly drive the cost of solar down--and make one regret entering into a long-term rate agreement?
Edit to add- obviously the tech will improve over time. But I'm wondering how much and how fast. I mean, as an example, to enter into a 20 contract at a fixed rate, when the price/kWh may 1/2 in 5 years might be foolish. 10 years? Maybe. 15 years? Then one might as well do it now.
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