AKLmfreak t1_iw2lkjp wrote on November 12, 2022 at 1:57 PM

TL:DR
“Rooftop Solar is Becoming more Accessible to People with Lower Incomes” = the median household income of owners of solar-equipped homes is down from $129,000 in 2010 to $110,000 in 2021.

So by “lower income,” they mean $110k is lower than $129k, not that actual low-income families might have a chance of affording it….

-Ch4s3- t1_iw3nnd6 wrote on November 12, 2022 at 6:35 PM

$129k in 2010 dollars is $165k today. That’s effectively a drop of $50k in median household income of new solar installs. That’s really significant.

ILikeNeurons t1_iw2op34 wrote on November 12, 2022 at 2:24 PM

To be fair, the article is talking about the policies that would be needed to make rooftop solar accessible to everyone.

Personally, I wish they would've spent more time talking about how we need to correct the market failure.

UncommercializedKat t1_iw5q8k6 wrote on November 13, 2022 at 3:59 AM

I would guess that the lower you go in income the lower the rate of home ownership so it's not in the lowest income brackets control anyway regardless of cost.

OriginalCompetitive t1_iw4rg5u wrote on November 12, 2022 at 11:20 PM

The median household income for new home buyers is $86,000, so not as far off as you might think.