Energy Smart Australia | Solar Power | Solar Rebate Information

Would it have benefited the u.s. more if we had each received a solar panel instead of a rebate check?

Let me play the thought experiment.

The companies Making Solar Panels would have windfall profits because of sudden huge demand for over 100 million panels. If each panel is 100 watts (a round number), that 10 GW of panels, rivalling the entire production of the solar industry today.

Most people wouldn’t have the capital or desire to do anything with their one panel, so there would be scavengers offering to buy these panels, sometimes at ridiculously low prices. Ultimately most people getting a panel would end up with less money than if the just got a cash rebate in the first place.

For those installing solar, or getting it installed, this would be a boon, because of the oversupply of cheap panels lying around.

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