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Data centers are cutting power to homes, driving homeowners to solar and batteries (electrek.co)

submitted 1 day ago by Kirk@startrek.website to c/energy@slrpnk.net

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[–] UsernameHere@lemmy.world 14 points 1 day ago (1 children)

Solar panels are cheaper in the long run after up front costs. People who can’t afford their monthly electric bill don’t have the capital for the up front costs.

But if I could afford to install a system, yes it would be cheaper after X amount of years.

[–] Korhaka@sopuli.xyz -5 points 23 hours ago (2 children)

This is literally what loans are for. Some installers here offer interest free loans too.

[–] UsernameHere@lemmy.world 6 points 22 hours ago (1 children)

Loans come with interest payments which makes the cost increase. If someone can’t afford solar panels without a loan then they can’t afford them with the additional interest payments.

[–] Korhaka@sopuli.xyz 1 points 19 hours ago

The whole point of interest free loan is that there is no interest payments on it.

[–] WalleyeWarrior@midwest.social 3 points 21 hours ago (1 children)

Do you think that people living paycheck to paycheck have good enough credit for a loan?

[–] Korhaka@sopuli.xyz -1 points 19 hours ago

Been way below the poverty line before, living off £8k a year back in 2016. Other than buying a house I have never borrowed money so I would expect my credit was fine, tbh never had any idea what it is or a reason to care.