Solar becomes closer to being viable
Last week TVA announced that they were raising their wholesale power rate by 20% due to the increasing cost of fuel. Both of the power companies here in Lafayette County get their power from TVA, so they’ll be passing that right on to us.
While that is mostly bad news, the good news is that every increase in the price of electricity makes solar power that much more viable. So, between the price of its “competition” going up and technology bringing the dollar/watt ratio down, solar will be viable before we know it.
And that’s a good thing, because solar is cool. With solar, you aren’t paying a monthly bill to a utility company, you’re paying off a capital expense that increases the value of your home or business. And regardless of your position on global warming, I think we can all agree that the less junk in the atmosphere, the better.
Unfortunately I don’t have any hard numbers to crunch on this, but all signs point to solar power becoming viable in the relatively near future.
Incidentally, TVA is an interesting experiment in American socialism. Take a moment to read up on it if you’re not familiar.