Tuesday, May 18, 2010
Should You Unplug From the Grid? (Part Deux)
In this recent article on CNN, a fellow in Florida shows off his alternative-energy lifestyle. It is an interesting article and the fellow is resourceful. But is this a practical lifestyle for most of us?
Probably not, and not yet. Let me explain why.
To begin with, in terms of cost, most of these gadgets cost far more than conventional electricity generation. Solar panels have a finite lifespan, and over their lifetime, will generate electricity at a cost over double, perhaps triple that of conventional electrical rates.
Compounding the problem is that to store this energy, for use when the sun goes down, you have to have a bank of batteries in your home. These are wildly expensive and need regular maintenance, and need to be replaced about every 5-10 years. The "battery problem" multiplies the cost per kW-hour several times again.
So, a the present time, going solar isn't practical for the everyman. For hobbyists and enthusiasts, who are basically experimenting, it can be a fun game to play, but not a cheap one. And the massive amounts of technology involved have an energy cost of their own.
And the amount of work needed to build, install, and maintain such systems can be staggering. Again, for a hobbyist, it may be worthwhile. But for most of us, the labor involved to keep all that equipment running is just too much.
Yes, someday solar and wind power might become so cost-effective that that are in widespread use - even without tax incentives. And when that happens, you can bet the local utility companies will be the first to jump on the bandwagon. Because if the cost is lower, they will move to that technology.
Of course, the irony is, if enough people move away from oil as an energy source, demand for oil will drop. When demand drops, prices will drop. And suddenly, oil becomes "affordable" again and solar and wind power are "too expensive".
Funny how that works, eh?
Bad things can happen in anyone's life. It isn't fair, and most of us are wholly unprepared for it. A recent series of unfortunate e...
When people start asking personal questions when you are trying to negotiate a deal, watch out! I recently replaced the shocks on the pickup...
With the real estate market in full-bubble mode, people are resorting to all sorts of tricks to make money on houses. Some of these tricks ...