About Photovoltaic panels lose money
Complicated financial products helped the U.S. rooftop-solar-power industry grow, but now put it at risk of becoming the biggest financial scam since the Great Recession.
Complicated financial products helped the U.S. rooftop-solar-power industry grow, but now put it at risk of becoming the biggest financial scam since the Great Recession.
In the U.S., home installations of solar panels have fully rebounded from the Covid slump, with analysts predicting more than 19 gigawatts of total capacity installed, compared to 13 gigawatts.
It could become difficult to convince developers and investors to continue building ever more solar plants if they stand to make less money or even lose it.
To entice people to install expensive solar panels, companies developed new financing models which cut upfront costs for customers. And they deployed lots and lots of salespeople to grow their .
In most states, utilities pay solar customers for power they send back to the grid. But there's a battle over what that sun-fueled energy is worth. Lynn Krell is unhappy with the reimbursements.
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