supershort

Major Corporate Shift to Solar Energy and LEDs

The price of oil has little bearing on how much electricity costs. The majority is produced by coal an nat gas, which the US doesn't have a supply problem with. Corporate earnings are going down, and they will have little to spend on such high ticket items such as solar panels that have a 25 year payback time. Bottom line is at this point solar is a great idea, but the costs are totally out of whack. Solar is a big speculative play at this point, especially to be long after these have run up their P/E's to, well the sun.