The price of solar power just fell 50% in 16 months

Re:The price of solar power just fell 50% in 16 months by antisthenes on Tuesday May 03, 2016 @01:48PM (#11622756)

While that is true, keep in mind that future dollars are less expensive than present dollars.

But it stands to reason that the prices of energy will rise faster than the rates of inflation, so it would still be a good investment.

[ Parent | on HN ]

Re:The price of solar power just fell 50% in 16 months by Someone on Tuesday May 03, 2016 @02:44PM (#11623164)

If everybody buys solar, electricity prices will only rise faster than inflation in periods without much sun.

It might even be profitable to play a 'buy when it is free or cheaper, use when it costs money' strategy. You can get there by buying large batteries, charging them from your neighbor's solar panels when there is lots and lots of sun (they may even sell at prices below zero), and discharging them, selling to you neighbors, when there is little sun and wind.

[ Parent | on HN ]

Re:The price of solar power just fell 50% in 16 months by toomuchtodo on Tuesday May 03, 2016 @05:56PM (#11624568)

I'm already investigating buying 50+ MW at a time of Tesla Powerpacks in certain markets exactly for this purpose, as an independent generator. Buy power when people are paying you to take it, releasing it back to the grid at the most expensive times.

[ Parent | on HN ]