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by brickcap 4504 days ago
I have one but I think it pretty crazy and I am not really sure if it can work. I would love if you could find holes in my idea and help me to refine it or tell me if it can work at all.

So I have been thinking that the biggest roadblock to solar adoption is the high upfront cost of installation. If there could be an incentive to make money with solar a lot more people might be willing to "invest" in it.

So my idea is similar to carbon credits. It is a lot easier to measure the amount of energy generated by the solar panels. So the amount of clean energy generated by the households could be sold off the organisations with a bigger carbon footprint. Similar to how advertising networks sell page views to the advertisers.The unit of energy is well established. We could set the price of 1 watt of clean energy to a bidder.

So the question remains why the bidder would want to buy this clean energy? I don't have an answer to that besides that it could be a good marketing tactic. For very large cooperation it could be a chance to gain some good PR (if they really care about that).

The people participating in this program would have to install a chip that would monitor the generation of this clean energy. With networked chips like tessel and spark.io coming out soon it could become pretty easy for people installing solar panels to connect these panels to a local cloud where there could be an automatic transfer of funds to bank accounts of people depending upon the amount of clean energy that they have generated. Now for a give area this energy should be the same for a standard solar panel since the are will receive more or less the same sunlight. With some work standard pricing can be reached for a locality.

1 comments

Great idea. Unfortunately, you just described New Jersey's SREC system (http://en.wikipedia.org/wiki/Solar_renewable_energy_certific...)
Ah I see. Well it is encouraging in that it is not totally crazy! Any way I have never heard of such a system in India, where I live. So maybe if I or someone else can make this work there is a lot of money to be made here.