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Tcsxyz

06/15/17 7:58 AM

#216 RE: dragon52 #215

No I agree the brass may not have known, however the SEC will not care about that. They will fine them anyway. In business the top management is always at fault regardless. They signed the Oxley for that quarter so they will be held accountable. RUN in Massachusetts is having a extremely hard time competing and that was one of their goldmines. They are still much more expensive and still pushing PPAs and leases in one of the top three wealthiest states in America. These people also do massive research and comparison shop.

As for proving in court, all they need is one of the several people to state it is true. They will def do that to trade freedom of prostitution for information. I believe the SEC would love to nail either SCTY or Run or both on this and will drill down really deep. We may both be wrong but we will see, cheers

pantherj

06/17/17 1:15 AM

#217 RE: dragon52 #215

The problem with the energy storage ideas, whether it is Tesla or SunRun, is that the cost of the storage capacity is so astronomically high as to be ludicrous for homeowners. It costs more to store a Kwh than to produce it. Sometimes as much as double.

If one looks at the long run, the net cost of producing and then storing one's own electricity so you can go off the grid completely is beyond reason. the cost would be easily between 200% and 300% of simply staying on the grid ... or using the "net metering" system.

SunRun is going back into Nevada. But, it just shows that the entire solar sector is economically unfeasible without massive Government subsidies.