Comments by "Xyz Same" (@xyzsame4081) on "Two Bit da Vinci"
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Confirmation bias. Whenever a person makes a larger investment they either feel buyers remorse (typically one day after signing - "Did I do the right thing") and / or they seek to justify the decision (also to have arguments for the naysayers). The tools to monitor the performance are also great from a psychological perspective, they confirm to the buyher that he / she did not spend their good dollars in vain, they are working for them.
I know also other people that still like to check their installation and there is still mild joy involved. Compare that to a yacht, or a car, or furniture. It is the cost cutting on annoying cost, being proven right, and being a person that protects the environment in a forward thinking manner.
A perfect storm.
Whenever the panels have paid for their investment, they make a profit, that can be considerable (if they continue to be low maintainance and work for 8 years more .....Tesla power wall will not live quite as long as panels).
He has also helped to get economy of scale effects for panels and batteires. That 2011 installation made the panels and batteries cheaper for the future buyers.
Whenever globally installed capacities are doubled the production prices per kWh (of the new panels available for the masses) go down by 20 %. With wind it is only 14 % because it contains more mature technology. For instance construction, logistics, and concrete. (for processors that effect is more), but every mass produced product has it, and it is most dramatic when the tech is new and becomes mainstream (then the doubling of global volume is much easier to achieve). See smartphones, computers, ....
So the installations sold in 2000 or 2011 or 2016 ..... helped to bring prices down later.
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