Fat hurts wrote:
No free lunch wrote:
zero-cost electricity?
i want some of what you're smokin'
You can get zero-cost electricity today if you want it. Just put solar panels on your roof and add three or four Tesla power walls. Then you can disconnect from the grid and get all your power for free.
There is a large up front cost. It's going to be around $50,000. But depending on where you live, the system will pay for itself in less than 15 years. After that, you get another 15 years of free electricity.
So if we improve the technology, we can extend the same principle to the entire power grid. There is still a big upfront cost, but eventually, the system pays for itself and we enjoy electricity that is essentially free from then on.
And with improvements in technology and infrastructure, the payback period gets shorter.
FatHurts - What size house do you have? If you live in a neighborhood, was the the HOA okay with the panels? And was that $50,000 for install and panels or for all panels? And now you pay $0 for power?