We're moving forward with solar for our house and also looking into heat pumps. By chance I've gotten to know one of the pioneers of geothermal (the guy literally wrote the textbook on it and his family is in the business still). We have an old water well on our property from when the house didn't have town water. His comment was that the water well is like having an oil well in your backyard. The advantages of geothermal are huge. I'm fully on this bandwagon for many reasons, not least of which are the economics. I estimate we'll get a day 1 return of 10% on solar. Now there's an opportunity for the government. Subsidize low-cost solar loans instead of (or in addition to) the tax credit.
It seems like we need to reshore production of all these 50-cents chips back to ally countries.
We're moving forward with solar for our house and also looking into heat pumps. By chance I've gotten to know one of the pioneers of geothermal (the guy literally wrote the textbook on it and his family is in the business still). We have an old water well on our property from when the house didn't have town water. His comment was that the water well is like having an oil well in your backyard. The advantages of geothermal are huge. I'm fully on this bandwagon for many reasons, not least of which are the economics. I estimate we'll get a day 1 return of 10% on solar. Now there's an opportunity for the government. Subsidize low-cost solar loans instead of (or in addition to) the tax credit.