Showing posts with label Cheap Solar. Show all posts
Showing posts with label Cheap Solar. Show all posts

Monday, September 30, 2013

Could IKEA Threaten the Power Grid?

Today IKEA, the Swedish "everything you need comes flat packed in a box" store, announced it will be selling solar panels in England. The cost is around $9200 US and the company claims that the energy they can harness will be free after just seven years. The panels will be sold and installed by IKEA, so it is not like you can just take them home in the back of your soccer-mom minivan. IKEA also will install it hooked to the grid, so for my tiny house application this just will not work, however I take this as a sign of things to come. Most of the articles I read today talked about how much solar technology has increased while the costs have decreased in just the last five years. I find this very encouraging. This decreasing cost has me thinking about he future of the "grid." Could the grid be facing some problems with becoming obsolete and infrastructure failure due to falling revenues?