I am finding it really difficult to invest in this area. Investing in solar specifically has so many moving parts. You have installers like Sun Run backed by Comcast,Costco, and even MLB i believe. Sounds good but the contracts they bind you to for leasing extends 20 years. Say your panels arent fitted right (Dont put out enough power) for your place you could end up paying more for electric/solar combined.
In regard to the tariffs. They seem to have been implemented to help companies such as First Solar, yet First Solar had a recent drop of 25%, along with Canadian Solar (these are manufacturers) . I THINK this is because even though they are American, or Canadian based, their panel manufacturing is overseas (Canadian solar is anyway but they trade similarly so im thinking its the case for both). The tariff in theory was only supposed to affect the competitors of First Solar. First Solar uses a different material that is not included in the Tariff. Maybe the uncertainty of this whole thing is what drove the market down, and Tariffs just accelerated the process. https://www.youtube.com/watch?v=dnOdSmNQJfc - about tariffs.
Another moving part is the price keeps dropping and the panels are getting more efficient. This seems great, but it cuts into profitability. Not only that, it also incentivizes people to wait and eventually own their solar panels. Which brings up a battery/storage issue. Tsla was supposed to be going after that with the powerwall. I will say in my findings, Owning a Solar panel seemed like the best way to go.
https://www.youtube.com/watch?v=cS8d1jc3Lvs - Same guy. Talks about how he recouped his investment in 6 years? but now you can start making money back in 3. But its a big down payment.
Also you havecalifornia mandating solar panels after 20/20. This sector is...woof
Please let me know your thoughts! There are also other areas
How are you guys playing this sector?
Submitted August 23, 2018 at 08:45PM by HunterRountree https://ift.tt/2wjSc2r
