Ouch ouch ouch.
Electrical rates are unlikely to go up, they are going down instead.
And prices for solar cells are also going down, not up. Buying now, with the expectation of making money later is a sure way to lose money.
Ouch ouch ouch.
Electrical rates are unlikely to go up, they are going down instead.
And prices for solar cells are also going down, not up. Buying now, with the expectation of making money later is a sure way to lose money.
Coupled with increasing efficiency that reduces demand, and energy prices should go down, not up. (Adjusting for inflation.)
In comparison inflation has raised prices by 19% over that same period [1]
I think it's also not obvious that the natural gas glut is a long term trend. It's a complex issue for sure, but here are some perspectives: http://www.businessinsider.com/arthur-berman-shale-is-magica...
[0] http://www.eia.gov/electricity/data/browser/#/topic/7?geo=g&...