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Originally Posted by sebastianhanna  exactly! thank you! the return on investement is great for renewable energy! for example, solar panels might be thought to be expensive, but compare California with Lebanon for a minute.
California's citizens that bought solar panels and installed them pay no electricty(free electricity after they installed the panels) from may to november and pay about half of what people pay in the winter.
On the other hand, we have much more sunny days in Lebanon(300/365),much more saving!
and for the lebanese refineries' employees, they could take their skills and be traiend to maintain solar panels, build wind farms(dahr il baydar would be a great wind farm) and locate geothermal possible sites... |
Yes, but the problem in Lebanon is the needed money to begin with such an investment.
I mean, in France it's the same, the Government buys the electricity you produce 9 times higher than the price it sells it. But YOU are the one who should pay for the installation. It was like 15'000-20'000 Euros, depending on the size needed. Suppose in Lebanon it would be much less. Let's say around 4'000-5'000 $ for complete installation. How many families you know are capable of having that much ready money?
Lebanon has become a very poor country, we ought to see that.
Instead of creating plastic surgery loans, our dear banks should start (IMHO) investing in such domains.
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