Comment by evolve2k
9 hours ago
While many rich are benefiting, they are still driving demand, that is funding continuous improvements that funding further efficiencies innovation and driving down the cost per kWh. In a very really way this makes solar cheaper and cheaper, the benefits of this one, unlike the debunked economic namesake do infact trickle down.
I think this was the case when solar panels were much more expensive. But home solar in the US has long ceased to be a useful driver of funding efficiencies and innovation. The cost of panels is now tiny and you are mostly paying for extremely overpriced installation and permitting. The 30% federal subsidy alone is enough to pay for an equivalent amount of utility scale solar outright. Australia has similar labor costs to the US but home solar is 1/3rd the cost to install.