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by josefresco
2942 days ago
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My local well drilling guy has offered "geothermal" for years (decades?) Despite a large inventory of wealthy second home owners, he didn't get and still doesn't get many takers. Meanwhile, rooftop solar is everywhere. My parents almost bought their "retirement home" with an existing geothermal system - it remains the only "real world" home instance of this technology that I have encountered. $20K also seems very close to the price he told me years ago - I fail to see the innovation here. I'm sure there's something here, but the article doesn't help illuminate it. Edit: Another HNer posted this, apparently it's a cheaper drilling technique: https://blog.x.company/introducing-dandelion-2706eded169a |
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I.e. if you install solar by itself, you save X dollars/month. If you install this by itself, you save Y dollars a month. If you install both, is it close to X+Y, or is there some substitution there?
On one hand, you can sell solar back to the grid, but you can't always sell it back at retail, so I would guess your savings would be smaller, but how much smaller? Or would you be able to achieve the same ROI with a smaller rooftop solar installation?
TBH, I'm not really a big fan of rooftop solar, it seems like a hack to deal with shitty environmental policy that undermines the electricity grid itself.