[Dad was my hero]

I don’t think you’d see so much of a reduction in price without the subsidy, they have to make a profit.

I agree they have to make a profit but, a friend of mine who was looking at having a system installed, all the installers calculated everything based on the rebates he would receive. He decided to become certified to install and installed his own system and dramatically cut the price of everything. I look at like the Chevy volt, it is essentially the same platform as the Malibu which is like more than 10 grand less, they sell it based on the subsidies. I believe the price is built on the subsidy. If the subidy went away I doubt the price would be that much higher than a Malibu.

[thackney]

I doubt the price would be that much higher than a Malibu.

You do not believe their is significant cost in the electric batteries, inverter and motors, along with the associated controls?

[mrsmith]

He saved the cost of a sales department, business office, labor pay and benefits.
Sales commission is probably 20% in the solar industry. Overhead and benefits probably another 15 or 20%.

Just guessing, I’d say the loss of a 30% subsidy would result in raising the cost 10 or 15%.