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In Reply to: The 1:1 swap of energy (not money) means free electricity... posted by Ivan303 on June 30, 2022 at 09:19:06:
on a 1:1 swap, the utility pays $1 to the solar owner, then charges $1 to the end customer.
Do you think magic pixies administer the program for buyback, and provide the structural means to take the electricity back into the grid, as well of as the means of distributing an irregular source, all for free?
In any sizable business, it's the small, the irregular, and the non-uniform product supply that drive unusually high costs related to the $ intake. I wouldn't be surprised if individual solar sources cost them almost as much in handling as their selling price, ignoring any return paid to the source.
For 1:1, the poor subsidize the upper classes through rates. Somebody has to pay the bills.
Back for a bit again. Ignore me if you like.
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Follow Ups
- RE: but it isn't free - Oldbean2 09:47:57 06/30/22 (2)
- It all depends on how you want to look at it... - dark_dave56 03:16:43 07/01/22 (0)
- A true 1:1 swap is energy for energy... - Ivan303 12:06:31 06/30/22 (0)