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Location: Pantego, Texas, United States

Sunday, August 30, 2009

My son did a little economic analysis on installation of solar cells on homes to reduce electric bills. He concluded that, with current electricity prices, it would take longer than the life of the solar cells to break even. And this is even with government subsidies and ignoring likely maintenance costs. People in Australia have actually installed some home solar systems, and the outcome is not good. They estimate that it would take 190 years to break even.

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