Comment by evolve2k
10 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.