View Single Post
  #28  
Old 20-05-2015, 02:43 AM
Renato1 (Renato)
Registered User

Renato1 is offline
 
Join Date: Mar 2014
Location: Frankston South
Posts: 1,283
Quote:
Originally Posted by clive milne View Post
Does anyone else see the irony in that the same people who kept telling us that renewables were not cost competitive are now complaining that they are making fossil fuel power commercially nonviable... as if burning coal was an end in itself?
If renewables are cost competitive, what does one need an RET for? Business should be rushing in to install them.

And why do the poor have to subsidize the rich through cross subsidies in the power bills (tenants have a hard time installing solar panels in their rental properties, then moving them from property to property)?

Curiously though, I have friend who works for a major company who says the company will be installing so many solar panels to provide all its electricity needs, with a six year payback period. And that this is due to the huge price drop in solar panels. If this all works out, the question is still, why does one need an RET?
Regards,
Renato
Reply With Quote