VSLR - Why Solar Stocks Are a Steal Right Now
The dirty little secret of the solar industry is that it isn't really driven by environmental concerns or a desire for energy independence, or any of these other concepts people want to tout. The reality is that it's driven by interest rates and the cost of electricity for customers.
A solar installation, whether it's one solar panel or 1 million solar panels, will be judged on the amount of electricity it can produce over time, how much that electricity is valued, and the present value of all of those cash flows or (in the case of a homeowner) cost savings. It's like installing a bond on your roof. That's why low interest rates could make solar companies that hold solar assets on their balance sheets great buys today.
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