Conversation

Notices

1. Embed this notice
   Jack of all trades (jackofalltrades@mas.to)'s status on Sunday, 28-Jan-2024 08:54:57 JST Jack of all trades

   "Homeowners across America are waking up to discover that their power bills have gone *up* thanks to their solar arrays, even as the giant, financialized solar firms that supplied them are teetering on the edge of bankruptcy, thanks to waves of defaults. Meanwhile, all those bonds that were created from solar installations are ticking timebombs, sitting on institutions' balance-sheets, waiting to go blooie once the defaults cross some unpredictable threshold."

   https://pluralistic.net/2024/01/27/here-comes-the-sun-king/#sign-here

   #solar

   • Embed this notice
     Rich Felker (dalias@hachyderm.io)'s status on Sunday, 28-Jan-2024 08:54:57 JST Rich Felker

     in reply to

     @jackofalltrades Like nobody could have told them this was going to happen when they essentially took out a loan to pay 5000% markup on solar installation with the promise they could make the payments in energy...

     Haelwenn /элвэн/ :triskell: likes this.