A smarter way to get 'free' electricity

[Nordberg]

You get creepier by the minute. Have you been mentally evaluated lately?

You can see why he leads the list of "ignored."

 

[gfm7175]

You can see why he leads the list of "ignored."

Libbies don't like hearing the truth, eh?

 

[Into the Night]

Libbies don't like hearing the truth, eh?

Obviously.

 

[Walt]

Electrical companies buy fuel, and turn that fuel into electricity. They are monopolies, so are limited at the speed and amount they can raise costs. They have large fixed investments, and debts, so when prices go up, demand goes down, and they really start losing money.

In other words, as prices go up, you would lose money investing in electrical companies, and in effect double the cost of electricity... NO FREE ELECTRICITY!!!

What you would want to do is invest in the companies that make the fuel. In theory, those get more profitable as prices go up.

 

[NiftyNiblick]

Here's a smarter way to get "free" electricity. Instead of stupidly investing in solar panels for your home, buy stock in the local utility company (note does not apply in blue states where these companies are often sued and punished for making power).

Buy sufficient stock so that the rate of increase in value and dividends equals or exceeds your yearly total cost of electricity. That is, you are now having the utility company pay you back in full for the electricity you buy from them in the form of their profits and increase in stock value!

To top that off, unlike solar panels, when you go to sell you home--if you do--there's no downside for potential buyers. They may not like or want your solar panels, but they don't care if you own lots of stock. You can also sell your stock and reinvest the money in your new utility company to continue to pay nothing for electricity. You might even make a profit along the way unlike having bought solar panels that are just a new loss in depreciation from the moment they're installed.

Capitalism rules, Socialism drools...

American style capitalism is an anachronism in the modern world.

It has evolved into a democracy destroyer,
instituting government by corporate oligarchy.

All public utilities should be nationalized.

 

[Truck Fump / h1b]

I do not know about the history of wind farms going tits up, but the problem with investing in them, are there are not enough of them that are even available on the Stock exchange,

dumbfuck.

this means there's no real organic demand.

grow up and quit being a stoopid.

 

[Geeko Sportivo]

dumbfuck.

this means there's no real organic demand.

grow up and quit being a stoopid.

Idiot, investors want to invest in Wind and Solar power, but most of them are privately held by billionaires

You are one of the stupidest people on the planet.

I hope you get cancer and die soon!

The world would be left a nicer place after your gone.

 

[Into the Night]

Electrical companies buy fuel, and turn that fuel into electricity.

Depends on the particular electric company. Some buy fuel, others operate hydroelectric power systems, others operate wind generators, others operate solar cells, etc.

They are monopolies,

They are not monopolies, Sock. Each one competes with every other one. Grid operators are the customer. They will buy the cheapest and most stable power sources. That generally means coal, oil, natural gas, and nuclear.

so are limited at the speed and amount they can raise costs.

Electric companies have no limit (other than competing against other electric companies).

They have large fixed investments, and debts, so when prices go up, demand goes down, and they really start losing money.

Which is why wind and solar lose money. Cheaper sources like coal, oil, natural gas, and nuclear out-compete them.

In other words, as prices go up, you would lose money investing in electrical companies, and in effect double the cost of electricity... NO FREE ELECTRICITY!!!

Prices go up and down as the market for their electricity demands.

What you would want to do is invest in the companies that make the fuel. In theory, those get more profitable as prices go up.

No need. Any electric generation company is like any company. It must make a profit.
Wind and solar are exceptions. They are heavily subsidized and even mandated by government.

 

[Into the Night]

American style capitalism is an anachronism in the modern world.

It has evolved into a democracy destroyer,
instituting government by corporate oligarchy.

All public utilities should be nationalized.

Capitalism has no 'style'. It is just capitalism.
Capitalism is not a form of government. It does not destroy or create democracies. It is not an oligarchy. It is not a democracy.

Nationalizing all public utilities is communism. Communism doesn't work, Commie.

 

[T. A. Gardner]

Idiot, investors want to invest in Wind and Solar power, but most of them are privately held by billionaires

You are one of the stupidest people on the planet.

I hope you get cancer and die soon!

The world would be left a nicer place after your gone.

Decline in renewables investment is a warning signal for clean energy transitions
https://www.iea.org/commentaries/de...a-warning-signal-for-clean-energy-transitions

Wind companies losing billions, prompting fears a federal bailout could be coming
https://justthenews.com/politics-po...s-experts-say-federal-bailout-could-be-coming

World’s Top Renewable Firms Reel Even as Installations Surge
Volatile costs, high interest rates, overcapacity taking toll
https://www.bloomberg.com/news/arti...are-struggling-even-as-renewable-energy-booms

Yes, Solar And Wind Really Do Increase Electricity Prices -- And For Inherently Physical Reasons
https://www.forbes.com/sites/michae...-inherently-physical-reasons/?sh=426e57c017e8

THE COMPLETE LIST OF SOLAR BANKRUPTCIES AND BUSINESS CLOSURES
https://www.solarinsure.com/the-complete-list-of-solar-bankruptcies-and-business-closures

Renewable Energy Projects Nearing End Raise Abandonment Concerns
https://news.bloomberglaw.com/envir...ector-faces-test-as-projects-near-end-of-life

Residential solar is getting crushed by high interest rates and regulatory changes
Many installers are filing for bankruptcy and stocks have crashed 15% to 30% or more based on weak guidance.
https://pv-magazine-usa.com/2023/10...y-high-interest-rates-and-regulatory-changes/

Wind developer Ørsted bosses exit after £3bn-plus failure
World’s biggest wind power firm reported heavy losses after cancelling two US projects
https://www.theguardian.com/business/2023/nov/14/wind-developer-orsted-bosses-exit-us

California currently leads the nation in wind and solar production. They also lead the nation in the cost of a KWH of power at about 0.34 per KWH compared to about 0.15 per KWH nationally. The more wind and solar that gets installed, the higher the cost of electricity becomes. Wind and solar are total losers.

 

[Into the Night]

Idiot, investors want to invest in Wind and Solar power, but most of them are privately held by billionaires

If you mean by government, not quite. Trillionaires.

You are one of the stupidest people on the planet.

You are describing yourself again, Sock. You cannot project YOUR problem onto anybody else.

I hope you get cancer and die soon!

The world would be left a nicer place after your gone.

Death wishes will get you nowhere.

 

[Althea]

Here's a smarter way to get "free" electricity. Instead of stupidly investing in solar panels for your home, buy stock in the local utility company (note does not apply in blue states where these companies are often sued and punished for making power).

Buy sufficient stock so that the rate of increase in value and dividends equals or exceeds your yearly total cost of electricity. That is, you are now having the utility company pay you back in full for the electricity you buy from them in the form of their profits and increase in stock value!

To top that off, unlike solar panels, when you go to sell you home--if you do--there's no downside for potential buyers. They may not like or want your solar panels, but they don't care if you own lots of stock. You can also sell your stock and reinvest the money in your new utility company to continue to pay nothing for electricity. You might even make a profit along the way unlike having bought solar panels that are just a new loss in depreciation from the moment they're installed.

Capitalism rules, Socialism drools...

You clearly don't understand investing, public vs. private companies, or the solar industry in general.
It's best if you live in a state that encourages solar/wind production. We have so many 10 acre+ solar farms around here, almost everyone qualifies for a 10% rebate on their electricity usage.

 

[T. A. Gardner]

You clearly don't understand investing, public vs. private companies, or the solar industry in general.
It's best if you live in a state that encourages solar/wind production. We have so many 10 acre+ solar farms around here, almost everyone qualifies for a 10% rebate on their electricity usage.

So, how long do the government bribes continue, and when they end, what happens?

 

[Althea]

You make a good point about investments, however, 72% of the electrical providers in America are owned by holding companies and other types of investment organizations that are member owned, non-profit, and have no public stock offerings.

Most are owned by cities and towns, but some are owned by counties, public utility districts, or even states. Rural electric cooperatives are similar in nature. They are also not-for-profit, but are member-owned rather than community-owned.

Now, most of the Solar and Wind Farms across America are owned by billionaires, are incorporated, and have public stock offerings. SO INVEST HEAVILY IN AMERICA'S FUTURE! And thanks in advance.

But, hey, if you do know of a Hot Stock tip on a publicly-held electric provider- PLEASE DO SHARE!

Again...he knows little or nothing about investing.

 

[Althea]

So, how long do the government bribes continue, and when they end, what happens?

For oil, or for nuclear?

Have you done the research yet that shows how silly your OP was?

 

[Althea]

APS is the local one you can do it with in Arizona.

Don't buy into wind or solar however as these companies frequently go bankrupt and you lose your investment.

APS is a private company.

Next

 

[T. A. Gardner]

For oil, or for nuclear?

Have you done the research yet that shows how silly your OP was?

Oil and nuclear don't require massive, continuous, subsidy. Nuclear only requires the government underwrite the project because of the initial costs. Once built and operating, government underwriting (insurance that the project is completed) is no longer necessary. Oil gets a tiny subsidy from the US government. Most of what the greentards bitch about in that respect are nothing more than things like accounting procedures allowed to any corporation or business with regard to taxes.

 

[Althea]

That's not politics, that's smart investing. The "next best thing" is never any of that.

How do you invest in a private company?

 

[T. A. Gardner]

APS is a private company.

Next

So? Don't buy into companies that rely heavily or entirely on wind and solar for their profits. These companies go bankrupt regularly because they rely almost entirely on government subsidies and largesse to stay in business.

 

[Geeko Sportivo]

If you mean by government, not quite. Trillionaires.

You are describing yourself again, Sock. You cannot project YOUR problem onto anybody else.

Death wishes will get you nowhere.

You're a worse pest than Digger the Dermatophyte- Toenail fungus!