When it comes food price inflation in Canada, grocery stores aren’t the only issue

[chuckChuck]

Power rates have increased about 3% per year over the long term so you need to factor that into the calculation over 25 years. Also the panels have some value for carbon credits.

Panels can be replaced with more efficient ones when the time comes, so the mounting system infrastructure and wire will still have some value.

We have many millions of dollars of equity, I am not worried about a very small investment in solar PV.

Most people have a way more tied up in their recreation toys that pay nothing.

[Hamloc]

Power rates have increased about 3% per year over the long term so you need to factor that into the calculation over 25 years. Also the panels have some value for carbon credits.

Panels can be replaced with more efficient ones when the time comes, so the mounting system infrastructure and wire will still have some value.

We have many millions of dollars of equity, I am not worried about a very small investment in solar PV.

Most people have a way more tied up in their recreation toys that pay nothing.

Certainly curious if carbon credits apply in Alberta. Affordability of Solar panels is created by Government subsidy and by the onerous carbon tax not by real value!

[chuckChuck]

Certainly curious if carbon credits apply in Alberta. Affordability of Solar panels is created by Government subsidy and by the onerous carbon tax not by real value!

Bullshit Hamloc!

Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA) today shows that the renewable power added in 2022 reduced the fuel bill of the electricity sector worldwide. New capacity added since 2000 reduced the electricity sector fuel bill in 2022 by at least USD 520 billion. In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up to USD 580 billion.

In addition to these direct cost savings, there would be substantial economic benefits from reducing CO2 emissions and local air pollutants. Without the deployment of renewables over the last two decades, the economic disruption from the fossil fuel price shock in 2022 would have been much worse and possibly beyond many governments ability to soften with public funding.

[Hamloc]

[QUOTE=chuckChuck;576187]Bullshit Hamloc!

Struck a nerve did I? All I can tell you is in Alberta the more Solar and Wind they add to the grid the more expensive electricity becomes. Over 25% of Alberta’s generation capacity is Wind and Solar now and electricity is more expensive than at any time in Alberta’s history. I can assure you if the federal carbon tax did not exist and the former NDP government had not legislated the early retirement of coal generation, electricity would be cheaper. That simple.

As illustrated above the cost of installing a solar system today due to higher interest rates makes the cost of a solar system much less affordable for homeowners or farmers.

[chuckChuck]

[QUOTE=Hamloc;576190]

Bullshit Hamloc!

Struck a nerve did I? All I can tell you is in Alberta the more Solar and Wind they add to the grid the more expensive electricity becomes. Over 25% of Alberta’s generation capacity is Wind and Solar now and electricity is more expensive than at any time in Alberta’s history. I can assure you if the federal carbon tax did not exist and the former NDP government had not legislated the early retirement of coal generation, electricity would be cheaper. That simple.

As illustrated above the cost of installing a solar system today due to higher interest rates makes the cost of a solar system much less affordable for homeowners or farmers.

Did you forget the price of natural gas also went up Hamloc? LOL Gas is the biggest supplier of electricity in Alberta isn't it?

Plus Alberta's electrical system is deregulated and they charge what the market will bear.

Rates for farmers are cheaper in "socialist" regulated Saskatchewan.

[Guest]

This is absolutely hilarious. You spent $75-100K cash on a system with no residual value at the end. Thats the most uneconomic virtue signal I have ever heard of.

Little math for you; $75K buys you 1500 shares of Enbridge stock which pays you $562 per month. Is your farm power bill more than $562 per month year round.

Insanity.

Steinbach credit union pays 5.6% which gives you $350/month , more on over $100k

[AlbertaFarmer5]

Most people have a way more tied up in their recreation toys that pay nothing.

So your economic analysis of the feasibility of solar panels has progressed from They cost about the same as a new pickup truck, to some people spend More than that on an RV. Because that's how it's done in the business world. You compare one bad investment to an even worse investment, and do it anyways.
Have you considered comparing that to an investment in land?

Then you expect us to believe that you are a capitalist farmer with assets worth millions. Based on your business acumen indicated above, I'm going to go out on a limb and guess that your generation isn't the one who amassed the millions, but instead are busy squandering your inheritance.

[chuckChuck]

8 cents per Kwh locked in over 25 years vs an ever rising electricity price?

Once we know what the price is in 20 more years lets do the math then.

It's not a big money maker by any means and I didn't do it for the money, but the panels will more than pay for themselves over their lifetime.

And I have been farming for 40 years and my parents had 5 1/4s when they retired in 1981 and we currently farm close to 40. So yes my parents helped like most parents do.

But do you think after 40 years your success is still dependent on your parents? Maybe yours but not mine.

So a guy who runs cows is going to give lessons on the economics of farming? LOL

Those are real 4 legged money makers occasionally!

[cropgrower]

you must feel very privileged to own near 40 quarters of stolen land

[AlbertaFarmer5]

8 cents per Kwh locked in over 25 years vs an ever rising electricity price?

Once we know what the price is in 20 more years lets do the math then.

So a guy who runs cows is going to give lessons on the economics of farming? LOL

Those are real 4 legged money makers occasionally!

You keep telling us that solar and wind are the cheapest generation possible. And that we will keep adding more and more and more in the future. So why do you know claim that electricity will get more expensive in the future? Shouldn't it get cheaper in the future if we're using more of the cheapest source of generation? Do you not believe your own propaganda?
As for cows, we are completely out of the cow business now. The economics million-dollar land and cows just don't mix.