Supply and demand question.
OK so the government decided to give out a subsidy for solar panels.
1. The rebate can be claimed by the Installers of the panels
2. The rebate can be claimed by the consumers
My question is, how does the outcome (the change in price and quantity of home solar panels) depend on whom the rebate is paid to? And under which scheme will home owners benefit more? i.e is the answer, the outcome is the same in both cases as the installers and the consumers share the subsidy. The installers and the consumers benefit equally as installers sell more at higher prices and consumers get lower prices?????? AM I IN THE RIGHT DIRECTION OR NOT
More Pages:
- Solar Producer: Has Anyone Ever Had Any Real Luck With Solar Rebates, And Credits.? (10/30/2011)
- A thought on home energy….?
- Solar Energy: Wind Turbines > Great Renewable Energy Source Or Just A Way For Landowners And Local Government To Make Money.? (3/12/2012)
- Solar Panel: Would Having A Solar PV, Solar Hot Water & Heat Or Small Wind Turbine, SUCK Or Be GOOD? (9/7/2011)
- Solar Energy: Can The Federal Tax Credits For Energy Efficiency Improvements Be Used By Condominiums? (2/13/2012)
{ 1 comment… read it below or add one }
The best benefit is from the consumers getting the majority of the rebate. The business can still charge its regular rate for installation and still make the same amount of money per panel and will still get more business. More panels will be installed when consumers are given the rebate incentive to buy them. Consumers will have more cash flow thanks to the rebate AND a reduced energy bill, which will encourage them to spend more of that cash on other goods and services. Everybody wins.